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To: Terry Maloney who wrote (248294)7/3/2003 10:11:27 AM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 436258
 
Terry.

The cost of ownership of QRACX is high. Let me know if you find another fund that does commodity futures. JImmy Rogers has a fund which could be an alternative.



To: Terry Maloney who wrote (248294)7/3/2003 12:17:02 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 436258
 
Terry,

>>Interesting idea on US investors creating their own mm funds

If you want to hold "guranteed" US debt, rolling CD's gives one over 2 times mm funds. The problem is there is a rule in math where 0 times X is still 0. <g>