Bad luck (may be good luck who knows). I had a limit order to buy at 45.00 for IIF, it has only gone down to 47 so i could not buy. I just wanted to buy 1/4 of total shares at 200 day moving average and keep adding the rest as it goes down. IIF premium come down to 1% from 14 since jan 06.
IFN is not coming down at all, i am not going to touch it. It is amazing even after indian SENSEX index is down 7% these ETFs don't pull back that much.
www.equitymaster.com is a decent source of indian market commentary.
Kavi.
IIF Fund Quick Facts As of 05/17/2006 Closing NAV: $48.03 Current Market Yield: 0.86% Closing Share Price: $48.51 Premium/(Discount): 1.00%
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.