An October Surprise for IFN Investors [View article]
You forgot to mention that iPath MSCI India Index ETN (INP) has actually gained more than 30% YTD and the ride has been much smoother than other emerging market funds. Since IFN is a closed-end fund, it can sell at a large premium or discount to its NAV. That is why INP is a better proxy for investing in the Indian stock market.
An October Surprise for IFN Investors [View article]