Closed-end switches…

ISHARES MSCI EMERGING MARKETS INDEX FUND $41.85 (New York symbol EEM) is a good subsititute for TEMPLETON EMERGING MARKETS FUND $19.70 (New York symbol EMF). Switch.

ISHARES MSCI SOUTH KOREA INDEX FUND $46.06 (New York symbol EWY) is a good replacement for KOREA FUND $34.16 (New… Read More

Chile Fund’s outlook is bright

CHILE FUND $15.63 (New York symbol CH) (CWA Rating: Aggressive) is a closed-end fund that invests primarily in Chilean stocks.

Prices for copper, a key commodity for Chile, are now at $2.31 U.S. a pound, down from the all-time highs of over $4 U.S. they reached… Read More

Two International Closed-end Fund Buys

CHILE FUND $17.05 (New York symbol CH) (CWA Rating: Aggressive) invests primarily in Chilean stocks. It’s managed by Credit Suisse Asset Management, a division of Credit Suisse, Switzerland’s second-largest bank.

Prices for copper, a key commodity for Chile, are down from the all-time highs they reached… Read More

Updates on Foreign Closed-end Funds India Fund and Chile Fund

INDIA FUND $51.75 (New York symbol IFN; CWA Rating: Aggressive) invests mainly in large capitalization Indian stocks. The manager of the fund is the Blackstone Group.

India Fund dropped recently from an all-time high of $71.54 along with turmoil in global stock markets. But the Indian… Read More

Updates on Foreign Closed-End Funds

CHILE FUND $21.02 (New York symbol CH) (CWA Rating: Aggressive) has net assets of $209.4 million U.S. It’s managed by Credit Suisse.

Prices for copper, a key commodity for Chile, are down from their highs, but still remain strong. Chile is a major exporter of copper,… Read More

Chile Prospers With Copper

CHILE FUND $17.25 (New York symbol CH) (CWA Rating: Aggressive) has net assets of $175.9 million U.S. It’s managed by Credit Suisse.

Prices for copper, a key commodity for Chile, are down from their highs, but still remain strong. Chile is a major exporter of copper,… Read More

These 2 Closed-ends Are Now Holds

BRAZIL FUND $62 (New York symbol BZF) (CWA Rating: Aggressive) will not convert into an open-ended fund, as proposed by its managers. Shareholders rejected the plan at a special meeting.

Brazil Fund now trades at a 6% discount to its net asset value. Brazil is the… Read More