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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (67624)	9/13/1999 1:16:00 PM
From: re3	Read Replies (1) of 132070

Canada you say !!! try the canadian general investment fund and united corps...both have discounts but, i figure if mgmt fees are 1 %, the co should trade at a 20 % discount...why ? because i have to put away $ 20 to earn $ 1 in interest to pay the $ 1 for every $ 100 managed...i think this is fair, unless you are paying for expertise...this is something i cannot evaluate in buying a fund..i only have the track record to go by and don't know any one in (say) Pakistan to evaluate what is in the fund ! comments ? ike

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