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Stock Trading and Stock Investing Blog 5 November 2008

5 November 2008

Business Opportunity, Carousel News

Posted by James Breen at 11/5/2008 9:54:00 PM

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Posted at 21:54 0 comments


5 November 2008

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Posted by James Breen at 11/5/2008 10:28:00 AM

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Posted at 10:28 0 comments


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    . They trade like stocks, in diversity.

  • ADRs or American Depository Receipts act as a proxy for foreign stock shares, but are issued in dollar value.
  • Closed end funds are like a cross between mutual funds and ETFs which trade like stocks but are a collection of stocks from one country. For example, IFN is a closed end fund for India and CAF is a closed end fund for China. Both invest invest 100% in their countries but are managed by an American investment company and trade on the NYSE.

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