Message Font: Serif | Sans-Serif
No. of Recommendations: 1
I routinely use these to invest in foreign countries, buying when they sell at signficant discount to NAV. I currently own CH (Chile), TWN (Taiwan) and a small position in TKF (Turkey). Chile is a very solid country - in some ways the most solid in South America. Chile while traditionally somewhat dependent on copper, has developed a nice diversity of industries including financial, wine etc. in recent years. The fiscal policy is sound -probably better than the US. Chile has increasing trade with China and Asia.

On a similar topic Thomas Herzfeld who runs a firm specializing in Closed End Fund investing was on Nightly Business Report tonight.

He had a great year in 2009. His current recommendation (and apparently a large holding) is DCA. DCA was a fund specializing in realty investments but now has gone into other areas. I will be taking a look.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.