Gtarras

Is Putin's Pledge Positive for Russia ETFs?

TRF ran by Mobius. Be careful with it though, it is a closed end fund, and it currently trades at a premium to NAV (people are betting that Mobius can deliver alpha). I hold it it though. Another thing I do not like about it is it pays dividends (thats right), which are taxable. I'd prefer simple appreciation. But I guess there are rules for funds to distribute some cash at the end of each year. But I think Russia is greatly undervalued, so...


On Sep 16 06:24 AM Paul Harper wrote:

> Lots of talk of $100 oil will keep investors in on RSX (imo), am
> long myself. Regarding XRU, it would seem to be too thinly traded
> for my liking.
> Are there any other Russia ETFs in the pipeline ?