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Strategies & Market Trends : CUBA- HOW TO INVEST ONCE EMBARGO IS LIFTED -- Ignore unavailable to you. Want to Upgrade?

To: Rock_nj who wrote (6)	12/22/2007 4:49:05 PM
From: DamjanG (SI)	Respond to of 8

No way dude... You think that a registered American Fund can have any Cuban equities in its portfolio? USA is the one that imposes an embargo, isn't it so? Naming CUBA (the fund) is a bit misleading. I couldn't get to the structure of the portfolio, but I still think it is impossible for fund to own anything Cuban. It merely a geographically wider fund (a bit extravagant i think) without any positions in Cuba. And why? Firstly, because US government imposes strict sanctions to violators of Cuban embargo and secondly, because Castro does not let US cash to pour into his socialist coutry's soil... The embargo is ceaslessly violated throught Canada's involment in Cuba, it is more senceful in you firstly look at the investment oportunities that arise from the Cuban:Canada ties (in general on mining fields, especially nickel)