Replies to post #926 on A.I.M. For Exchange Traded Funds (ETFs)

[EZ2]

kavi ~~ I am not well versed on "rights" either. Perhaps one of the other board members can clarify.......and.......there
might be something on it here:

http://www.etfconnect.com/select/fundPages/global.asp?MFID=10498

[EZ2]

I did find this in the "education" tab:

What is a rights offering?

Although Closed-End ETFs have a fixed number of shares and assets outstanding, there are mechanisms that fund managers can use to raise additional capital. Fund management can raise additional capital by issuing shareholders rights to buy new common shares at predetermined prices. These offerings often involve substantial discounts to net asset value to encourage participation, which also dilutes common shareholder ownership in the fund.


.

[EZ2]

what do you think of IIF vs. IFN ?
(( still a premium but, a little less steep ! ))

http://www.etfconnect.com/select/fundPages/global.asp?MFID=10541

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Press Release Source: Morgan Stanley India Investment Fund, Inc.

Morgan Stanley India Investment Fund, Inc. Declares a Distribution
Tuesday June 20, 7:45 pm ET


NEW YORK--(BUSINESS WIRE)--June 20, 2006--Morgan Stanley India Investment Fund, Inc. (NYSE: IIF - News) today declared a mid-year distribution of $0.3507 per share of long-term capital gains.
RECORD DATE PAYABLE DATE
----------- ------------
06/30/06 7/14/06


Morgan Stanley India Investment Fund, Inc. (the "Fund"), advised by Morgan Stanley Investment Management Inc., is a closed-end management investment company seeking to achieve long-term capital appreciation through investments primarily in equity securities of Indian issuers.

Morgan Stanley Investment Management, together with its investment advisory affiliates, has over 400 investment professionals around the world and more than $442 billion in assets under management or supervision as of February 28, 2006. These entities offer investment management services to a diverse client base, which includes governments, institutions, corporations and individuals.

Morgan Stanley (NYSE: MS - News) is a global financial services firm and a market leader in securities, investment management and credit services. With more than 600 offices in 30 countries, Morgan Stanley connects people, ideas, and capital to help clients achieve their financial aspirations.



Contact:
Morgan Stanley Investment Management
888-378-1568
or
JPMorgan Investor Services
Mark Kucera, 617-557-8844

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Source: Morgan Stanley India Investment Fund, Inc.