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Gold/Mining/Energy : CANADIAN CLOSED END FUNDS AND INSTALLMENT RECEIPTS -- Ignore unavailable to you. Want to Upgrade?


To: Sturgeon who wrote (29)3/13/2000 10:58:00 PM
From: Scott Mc  Respond to of 37
 
Rod, good idea, I also own UNC and was thinking of adding to it, I agree about Jackman, I even went to one of the annual meetings 3 yrs ago and complained about the huge discount, 30% at the time...
You might also want to take a look at CWF (They have a web site) big discount and high tech content(international) to replace the one you just sold, Scott

PS: EVT(Economic) is very similar to UNC, also run by Jackman



To: Sturgeon who wrote (29)3/14/2000 11:08:00 PM
From: kingfisher  Read Replies (1) | Respond to of 37
 
Im out of Health Care Fund for now.As they say Bulls make money,bears make money but pigs always get slaughtered.

I am starting to buy into TEM.UN Templeton Emerging Markets.
They are trading at a 42% discount to n.a.v.
Biggest bets are Mexico and South Korea.

Funny you should mention UNC.I have dabbled in and out of it a few times.Current discount truly remarkable.
I am amazed that some major fund does not attempt to take these guys out with such an uncaring attitude towards the ever widening discount.
It is my impression that management of this company could care less if discount drops to 75% .
Canada needs a fund set up to gobble up closed end funds that ignore shareholders concern for excessive discounts.

Best Regards,
Richard