JAPAN-Nikkei-Time to go back up? Message Board

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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: GROUND ZERO™ who wrote (636)	12/30/1997 11:05:00 PM
From: synchro	Read Replies (3) of 3902

I've been eyeing 2 exchange-traded Korea funds for a while. The problem w/ them is that they have incredible premium over net asset value. Hardly an ideal investment when the won is doing her yo-yo thing. Also, make sure the funds are actually invested in Korea stocks--the managers could have chickened out during these past 2 months are moved to cash. In that case you're buying cash--@ a huge premium.

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