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Strategies & Market Trends : Thailand -- Ignore unavailable to you. Want to Upgrade?

To: Heretic who wrote (364)1/6/1998 4:08:00 AM
From: Tom  Read Replies (3) | Respond to of 457
 
Relevant Closed-End Country Funds during the Peso Crisis

The devaluation began in earnest in December of 1994.


MARKET PRICE DISCOUNT / PREMIUM

Sep94 Dec94 Jan95 Sep95

LatAm Discovery 0 +17 +12 -07
LatAm Equity -05 +12 +18 -16
LatAm Investment -02 +17 +15 -15
Mexico Fund -03 +10 +25 -05
Mexico Equity & Income -03 +30 +20 -05

LatAm Growth Fund started-up during crisis at discount
and remained at a discount.


The numbers are +-2% var. I was in a hurry and just ripped them from my reports.

I think they're good enough (+-2%) to give us an idea of just how these CEFs reacted.

Hope that helps.

Excuse me for taking so long.

Tom



To: Heretic who wrote (364)1/6/1998 9:03:00 AM
From: Julius Wong  Read Replies (1) | Respond to of 457
 
Reed,

> Fifty baht to the buck!

I know several graduate students from Thailand. When they came, it
was 25 bahts. Their parents sent them money. It must be difficult on the poor parents now.

Julius


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