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

To: Duke who wrote (1773)	1/30/1998 5:53:00 PM
From: Tommaso	Read Replies (2) \| Respond to of 9980

This is not an answer to your question, but a week ago I invested in Korea through the Matthews Korea Fund. Since they took my money there have been only two and a half trading sessions and my investment is up 25%. I have never in my life hit anything like this--and fully expect to see it back down. I guess I can get out with a 1% redemption fee but who knows what will happen.

To: Duke who wrote (1773)	1/31/1998 8:01:00 AM
From: Thomas Haegin	Read Replies (1) \| Respond to of 9980

First, thanks that you like come visiting us here. As to purchasing stocks directly in SEA countries, I think it's a matter of local legislation and varies considerably from country to country. I don't know if one can "just do it" and where. I would guess, it should be possible in most countries, crtainly HK, SGP, Taiwan (?). I doubt it for India and possibly Thailand. I MAY BE DEAD WRONG! I'm sure that our local contributors from Asia have more informed takes of it. I'd personally would look at ADR's in either N.Y. or London or Frankfurt, and buy these if they have no premium over the local stock prices. Otherwise a mutual fund is a sensible idea IMO. But I admit that for me such arms-length handling is a matter of allocating time to pursuing individual investments in Asia. I just don't have it. I presume that leaves me out of many good and profitable stories, but there is a price for everything... :-) Thomas