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Gold/Mining/Energy : CANADIAN CLOSED END FUNDS AND INSTALLMENT RECEIPTS

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To: Scott Mc who wrote ()3/2/1999 10:36:00 AM
From: kingfisher  Read Replies (1) of 37
 
Hi Scott,
An opportunity may be available in Templeton Emerging Markets Fund trading on TSE symbol TEM.UN.Current net asset value $11.26 and trading at a 30% discount now $7.85.Noticed that trading volumes have picked up past month.Manager probably under pressure to introduce some measures to reduce discount.I am anticipating such a move and have a position.

Richard
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