Mik, I like Fidelity Advisors Korean (FAK). I know, I always say bad things about Fidelity, but not when they sell at a big discount. <G> Seriously, this has been the best performing of the Korean Cefs and has a deeper discount than 2 of the other 3. And, in all fairness, I wouldn't consider the one with the deepest discount, Korean Investment. I don't think they know what they are doing.
I would really like to see a dip before buying, but as a 5 year investment, this thing is going to make big bucks no matter whether you buy it now or half a point lower. Unless, of course, the North nukes them, in which case they may have a one-time writeoff. <G>
MB |
