Tuesday, March 15, 2011

NAV premiums in closed-end country funds

NAV premiums in closed-end country funds
NAV premiums in closed-end country funds:
add to the risk of the fund
Correct
add to the return of the fund
Incorrect (*)
are not steady but quite volatile
Correct
(*1) They tend to decrease as the country liberalizes foreign access to their financial markets.

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