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Strategies & Market Trends : Closed End Global and Country Funds

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To: MoneyPenny who wrote (98)	11/4/1997 8:53:00 PM
From: capitalistbeatnik	Read Replies (1) of 289

To buy at a discount is to accept the commitment to stay with the fund until it sells at a premium, which will eventually happen when the psychology changes. A few years ago Asian funds were selling at thirty percent premiums. When the US market tops out (and we are close IMHO), and money switches to foreign investment, this will happen. Im not saying it will happen right away but it will in time. Where is the information that you heard about taxation in Chile?

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