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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (646)1/2/1998 11:51:00 AM
From: Tommaso  Read Replies (1) | Respond to of 3902
 
But Vi--see the WSJ story today on Templeton buying Korean. Mostly through the Matthews Korea (MAKOX) which charges a 1% load. I agree, of course, on the closed-end premiums.



To: Real Man who wrote (646)1/2/1998 9:12:00 PM
From: chirodoc  Read Replies (2) | Respond to of 3902
 
<<<<Maybe. Bad time to buy any closed-end Korean funds, though. Forbes
and this article

.......have not bought--in WSJ today big article on sir john templeton who just put a few million into korea. he says this is the bottom. yes he says it could go down a bit more but he feels comfidant that in 3 years it will be much higher.

....i have not bought. but am eyeing the landscape for open ended korea fund. may buy a small amount, say 5K, and hold it for a few years.

thanks for the advice.