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Re: ajtj99 post# 59861

Thursday, 09/15/2005 12:18:41 PM

Thursday, September 15, 2005 12:18:41 PM

Post# of 148479
<what is "NAV">

AJ, don’t know whether you are kidding or not; shame on you if you do (g). If you don’t – of course there is no net asset value for EWJ, but there is NAV for closed-end funds, including Japan funds such as JOF. I prefer to avoid funds which trade at a premium to NAV, which often reflects excessive optimism IMO. Haven’t followed this long enough to have a strong opinion.

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