Saj Karsan

How to Buy Alternative Energy for Free

Hey FX, you're right those are high fees. A lot of it is undoubtedly due to the type of fund this is, investing in many many small private companies, therefore often requiring a wide range of expertise. By the way, looking at returns since 1993 can be a bit deceptive, as since 2003 the fund has gone from $68 million in equity up to $103 million. I'm not saying that's the best time-frame to evaluate them on, but a lot has happened since 1993!!

Hey Red, as pointed out in the article, even if Infinia is worth nothing, you still own more than what you paid for (assuming you believe the valuations, which are tough to do when there's no quotations).

Thanks for the comments.

10 Closed-End Funds Trading at Large Discounts

Mavericks and Ganesh, thanks for pointing that out. My apologies, something must have gone wrong with my search, and I should have checked something as blatant an outlier as it was. I have updated my blog to reflect the stats as of tday, and seekingalpha should do the same soon. Thanks.

10 Closed-End Funds Trading at Large Discounts

Hi Mike,

Thanks for your comments. Please note that I'm not recommending these funds; I grabbed the list from a search of the most discounted firms on CEFA over the weekend. I'm simply saying they trade at discounts to what they own and represent potential opportunities for those interested in researching further.

If you've researched two of the firms and decided they're not for you, that's fine, it's exactly the process I'd recommend. I haven't researched them; the article was meant to introduce the concept of closed-end funds to some readers of my blog.