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DonC
1 Comment
A Meltdown in Emerging Markets? [view article]
There's a disconnect here. The MS India Fund (IIF) just declared a 35% dividend (based on current fund share price of $24). Even if they declare no dividend in December - and they have paid a December dividend every year for nearly 20, that is a hell of a return even without price appreciation. Granted that that represents the past, not the future, and some economic slowdown has begun in India. But the fact remains that India is still growing very fast ahd stocks there are cheap.I don't invest with commies so I don't do China at this time. Jun 26 11:03 AM