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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: RFH who wrote (8266)8/22/1999 10:37:00 PM
From: Jack Jagernauth  Read Replies (1) of 18928
 
Hi RFH,

I know what you mean; fund managers have other agenda, i.e., apart from doing what is in the unit holders' best interests.

I feel like I should have been rewarded better, for sticking with the fund and buying all the way to the bottom. I noticed in a recent copy of their prospectus, they now mention that one of the risks of that particular fund is that the manager may have to sell at the bottom in order to raise cash to satisfy redemptions. (That sucks!)

I enjoy looking at the charts, etc. at your web site, and am glad that you have done well with that Korean Fund; it's unreal how much difference a couple of years make, and it seems like just the beginning for Asia and the Pacific Rim.

Best Regards,

Jack
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