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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (60696)8/24/2006 3:19:10 PM
From: Paul KernRead Replies (1) | Respond to of 306849
 
Never heard of which doesn't mean much but the performance in 05 and 06 isn't so hot.



To: John Vosilla who wrote (60696)8/24/2006 3:51:33 PM
From: KyrosLRespond to of 306849
 
I have a lot of FAX. I use it as a dollar hedge. It's a bond fund with Australian and Asian bonds (almost half are Australian). Average bond rating is A.



To: John Vosilla who wrote (60696)8/24/2006 4:37:06 PM
From: MoneyPennyRespond to of 306849
 
I've owned FAX for years, dripping the divis when it trades at a discount and taking cash at par or a premium. 7% interuest is not bad. Has some yankee bonds but it is well run and very fluid. Sometimes I have a lot, like now, sometimes less but always 5% since I started focusing on resource plays.

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MP