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To: Berney who wrote (3851)9/9/1998 1:21:00 PM
From: MonsieurGonzo  Respond to of 11051
 
Berney; RE:" EuroWEBS Yield Mechanism "

>I presume that you are annualizing the percentages ?

yes; they appear to pay dividends once per year, Berney. Try the Yahoo site for statistics on their yields.

>It may be that... the WEBS actually perform like a mutual fund. The NAV of a mutual fund definitely drops when the dividends are paid out...

I believe this is the yield mechanism of the WEBS, but I am not sure.

>However, since most investors simply reinvest the dividends, the loaf of bread is just cut into more slices. Are you able to reinvest?

...only manually. Interesting dilemma - how to allocate.

>out of COMR. Got my hoped-for pop...

...indeed so! Very nice, TraderBerney!

-Steve