Closed End Global and Country Funds Message Board

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Strategies & Market Trends : Closed End Global and Country Funds

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To: Mike McFarland who wrote (137)	1/2/1998 9:31:00 AM
From: yard_man	Read Replies (2) of 289

I continue to hold FPF, but I'm not sure why. It's been cut in half from where I purchased. Didn't get a lot, but it still hurts to have been cut in half. I also bought APF - down a point or so, amazed its not down more. Also bought the Malaysian Web EWM -- allows you to buy the Malaysian index at par. I would encourage you to wait for the next good shock or 3 - 6 months before purchasing that one also. I'm in right now at an average cost of 7 with the shares trading around 5 lately. I think its a fairly good buy at 5, but if it could get to 4 1/2 or 4 3/8 why pay more.

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