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


To: chirodoc who wrote (666)1/8/1998 7:58:00 AM
From: Tommaso  Read Replies (1) | Respond to of 3902
 
Is anyone following the Matthews Korea Fund? Because Templeton put something like $25 million US into it, they must have briefly had a huge cash holding to invest. But I suppose the fund is still small enough relative to the entire Korean market so that there were no problems in getting money into the market.

It looks like with the combination of the weak market and the weak won, that fund (MAKOX) is bouncing along around $2 a share, down something close to 60% for the year. As soon the fund will send me a prospectus and an application, I will send them a check, but they may be swamped with inquiries.