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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: MrGreenJeans who wrote (2124)11/15/1998 3:22:00 PM
From: Lars  Respond to of 15132
 
MrGreenJeans,

>>>
There is a closed end fund called the Emerging Markets Telecommunications Fund, symbol EFT, which is run by the same person, I believe, that runs the communications fund that Bob Brinker recommends which in the interest of disclosure I hold by the way.
>>>
I am not familiar with this fund or the manager.

>>>
Questions: The fund is trading at a 19.3% discount. Does anyone have more information about this fund? and Why not purchase this fund as a complement to or in lieu of the one Bob recommends since it sells at a market discount?
>>>
If we can find more information out about this fund I don't see why someone couldn't use this fund if it all checks out, especially since it sells at a discount. I am not an expert on closed end funds but I would have more interest in the fund if it was a manager that Bob liked.

Does anyone here already own the fund?



To: MrGreenJeans who wrote (2124)11/15/1998 4:36:00 PM
From: Investor2  Read Replies (1) | Respond to of 15132
 
I just made a quick comparison of MNGCX, a global communications fund that I own, and ETF on Quicken.com. This service shows year-to-date returns of about 37% for MNGCX and -22% for ETF.

I'm glad I own MNGCX.

Best wishes,

I2