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Pastimes : Prudent Bear Fund (BEARX): contrarian investing -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (555)2/8/1999 3:05:00 PM
From: Ken Reidy  Respond to of 793
 
I'm not sure Howard. I imagine it depends on whether or not the Mutual Fund's charter allows investment by foreign citizens. If so, you could buy it through any brokerage as a mutual fund purchase. Go to their website at prudentbear.com, click on "contact us" and send them an email asking if a Canadian citizen can buy. Good luck.



To: re3 who wrote (555)2/8/1999 10:03:00 PM
From: Terry Maloney  Respond to of 793
 
<can a Canuck buy this thing ?>

Yes, definitely, but maybe not through your broker (I ended up wiring them directly from my bank)

There might also be some tax implications.

Terry



To: re3 who wrote (555)2/8/1999 11:04:00 PM
From: poodle  Respond to of 793
 
Howard,
hard to give you any advice, I do not know what kind of problem you had.

First, I would check different brokers. You may find very different situations. Some brokers will not allow anyone, Canadian or not, to buy BEARX, that's the problem of agreements they have (or have not) with funds. For example DATEK couldn't help me about 6 mos ago. Some brokers will make transfer for fee, like usual stock, at any time. Charles Schwab, if my memory is correct. Waterhouse will do it for free, but only before 2 pm. BTW, Waterhouse is somehow Canadian, so you may call them first. Unfortunately, they are very busy lately.

Sending check directly has some problems: post office will choose your entry point and you will have to keep all records by yourself.

Have a nice evening.