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Strategies & Market Trends : WEBS for international investing -- Ignore unavailable to you. Want to Upgrade?

To: Ken Ludwig who wrote (43)1/31/1999 7:25:00 PM
From: peter michaelson  Respond to of 47
 
Ken:

I do believe the dividend is nearly all capital gains distributions.

Obviously these will vary year to year depending upon the market in question.

Not sure, but WEBS may be required to distribute their capital gains, much like mutual funds, in order to avoid the normal double taxation that corporations incur.

There would not be a regular dividend that can be counted upon, as we all might dearly hope.

peter



To: Ken Ludwig who wrote (43)2/1/1999 4:10:00 PM
From: nasdaqian  Read Replies (1) | Respond to of 47
 
Ken,

I did get an answer by calling a phone number I found in an internet search on webs. I think the # is 800-810-webs. Anyway, the payout on EWK was an unusually large payout but I don't remember the reason.

Bruce


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