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Strategies & Market Trends : Closed End Global and Country Funds

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To: stockvalinvestor who wrote (112)11/18/1997 9:04:00 PM
From: kolo55  Read Replies (1) of 289
 
Look at Central European Equity fund (CEE)

But make sure it is trading at a 15-20% discount when you buy it. The fund probably has about 50-55% in German stocks now, about 40% in other Eastern European countries, including Hungary, Poland, Russia, Czech Republic, Croatia, and Slovenia. Otherwise, consider the Czech Republic Fund (CRF) at 20+% discount. Both look interesting right now.

Paul
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