CANADIAN CLOSED END FUNDS AND INSTALLMENT RECEIPTS Message Board

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Gold/Mining/Energy : CANADIAN CLOSED END FUNDS AND INSTALLMENT RECEIPTS

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To: Sturgeon who wrote (29)	3/14/2000 11:08:00 PM
From: kingfisher	Read Replies (1) of 37

Im out of Health Care Fund for now.As they say Bulls make money,bears make money but pigs always get slaughtered. I am starting to buy into TEM.UN Templeton Emerging Markets. They are trading at a 42% discount to n.a.v. Biggest bets are Mexico and South Korea. Funny you should mention UNC.I have dabbled in and out of it a few times.Current discount truly remarkable. I am amazed that some major fund does not attempt to take these guys out with such an uncaring attitude towards the ever widening discount. It is my impression that management of this company could care less if discount drops to 75% . Canada needs a fund set up to gobble up closed end funds that ignore shareholders concern for excessive discounts. Best Regards, Richard

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