Teak

EPI: My Pick from All India Focused Funds

I agree with the first commenter. As a holder of IFN, I have enjoyed the distribution payouts which I reinvest. Will EPI pay-through company dividends, or will the 'managers' use the money to increase the NAV and, thus, their 'management fees'? Comparing the % mgt fee is not in itself a complete comparison, you must also include info regarding distributions.

I am not a fan of mutual funds, and I use country-based closed-end funds only to get exposure to countries where it is difficult to buy shares directly. I want dividends paid through, not retained by the 'manager'.

China and Brazil Offer Positive Emerging Market Returns

A long-term investor will be in all of these markets to the extent that they can handle the down-side movements psychologically. My issue with articles like these is that it comes across like advice for the day-trader.

Why not be long in Brazil, and China, and Taiwan, and India?? Eventually, all of these will move higher. And if they move sideways, then they will kick out dividends. But, of course, you have to own something that pays through the dividends.

Mumbai Terrorism Clouds Templeton's 'Buy India' Call

I just don't get the pessimism. I invested in IFN two years and, of course, have watched the stock price yo-yo up and down. But since I am not a 'growth investor', rather a dividend investor, I have been pleased with the $4.89 and $14.63 per share distributions that I have received the past two years, respectively. So, something which I bought on average for $50 per share has returned to me $19.52 per share, or a return of 39% on my original purchase price. Reinvesting the distributions have purchased an additional 51 shares. What investment in the USA gives such similar returns?

India has a growing domestic economy that is less tied to exporting than other countries (e.g., China) which should insulate it a bit more from the world markets. Yes there is political risk, but where isn't there any?

What am I missing?

Teak

India Update: Markets Barely In the Positive

Listen to the blogger who says to short the Indian market. Dump your shares; run for the exits; get out!

That way, guys like me, with patience, can go about our quiet ways, building wealth slowly, surely, on the back of rising domestic demand within India.

Teak