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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Night Trader who wrote (104927)8/8/2006 6:52:57 PM
From: Knighty Tin  Respond to of 132070
 
martin, We have to keep in mind that those end values are only targets and not guarantees. I can think of scenarios where they would not hit the end values. However, those scenarios are extreme and unlikely. Still, I would rather key on the net asset value and the discount to that in the market price. The low current yield reflects the safety in this fund. It's a buy for ok yield, high safety and liquidity, and an unlikely capital gain.