Joan, I have used JFI and IFN often, and have had good results from both. Though I have used IIF, I don't trust Morgan Stanleys penchant for rip-off rights offerings. In the past couple of years, IFN has been the best performer, if you can call down 32% in the past year good performance. (People question why I consider relative performance a scam <G>) Still, better a down 32% fund than a down 48% fund. And I avoid India Growth (IGF) because it always sells at a premium to the competition for no known reason.
Admittedly, when a fund is at a 20% discount, it is hard to call it pricey, but when you can purchase a better-managed fund, IFN, for a 25% discount, I see no reason to give up money market rates to own IGF.
MB |
