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Strategies & Market Trends : Closed End Global and Country Funds

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To: Jumper who wrote (116)11/16/1997 2:25:00 PM
From: Shoe   of 289
 
Japan OTC funds at premiums and discounts (more response to Jumper):
JOF is at a 5.68% premium to NAV per today's NY Times. JF Japan OTC Fund, which trades in Hong Kong (and has a -64% performance over the last year!) trades at about a 20% discount to NAV, see trustnet.co.uk
Has anyone here traded this or other funds on the Hong Kong exchange?
(Before leaping into Japan, note current issue of Economist has an article suggesting the Yen has further to fall.) -- Shoe
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