Posts for Ticker ‘MSF’

Emerging Market Funds/ETFs Starting To Look Cheap (CHN, EWM, LDF, MSF, RAF, TAO, TRF, IF, EZA, CH)

Every day we cover many stocks at the end of the day which are hitting new 52-week lows.  Very rarely do we include ETF’s or closed-end mutual funds in the coverage on that list.  But what is becoming amazing is the daily reckoning we are witnessing where the 52-week low list is dominated by emerging market instruments that trade on the NYSE or AMEX as ETF’s and as closed-end funds.  The list is becoming so staggering that you wonder just were the money really is going.  The US dollar is getting some strength finally, but the markets in emerging markets are getting pounded daily in these instruments. 

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Posted on: August 18, 2008 – 5:16 am in ADR, China, ETF, Emerging Markets, Mutual Funds, , , , , , , , , ,