[Search for users] [Overall Top Noters] [List of all Conferences] [Download this site]

Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

614.0. "Investing in Central/South America" by AIAG::LINDSEY () Wed Nov 10 1993 17:41

    
    I've been thinking of putting some money into funds investing in 
    Central and South America.
    
    Is anyone involved in any now?  How have they been doing?  Any 
    suggestions as to which funds are best for this?
    
    Thanks,
    
    Sue
T.RTitleUserPersonal
Name
DateLines
614.1Scudder Latin America Fund2435::SHAHAmitabh "Leadership DECAF? Yuck!"Wed Nov 10 1993 18:350
614.2CADSYS::BOLIO::BENOITWed Nov 10 1993 18:373
I agree with Scudder Latin America.....it's up over 40% for the year.

/mtb
614.3KYOSS1::HANSONLe Chat d'EauThu Nov 11 1993 14:035
    
    I'm in Fidelity Latin America Fund.  Not doing great, but I've only
    been in it for about a month.
    
    
614.4HOLD in October 1, 1993CPDW::ROSCHThu Nov 11 1993 14:131
    The October Fidelity Insight rated it a HOLD
614.5ABC and AP pollsCADSYS::CADSYS::BENOITWed Nov 17 1993 19:233
say that NAFTA will pass tonight....right now 222 votes have been secured.

/michael
614.6DOWn DOWCPDW::ROSCHWed Nov 17 1993 20:009
    So tomorrow will be the big selloff. One could guess that many will buy
    into the market because of NAFTA passing - they'll get in at the top of
    the market - the sharpies will sell and run.
    
    Prediction: Massive amounts of shares trade hands in the am and the
    market drifts in a narrow range.  Around 2:30 - 3:00pm the seller
    overcome the buyers and the DOW heads for 3650 at the close and hits
    the toilet in stride on Friday.  Down to 3525 at the Friday close
    minimum.
614.7The newest Morningstar 5-Star investorCADSYS::CADSYS::BENOITFri Nov 19 1993 12:4825
has an article about investing in Latin America.  There are some very compelling
reason to invest in this area of the world.  They list some of the newest
players in the market.

Open End                         YTD     1YR    3YR   5YR    (as of 9/30)
G.T. Latin America Growth A    22.51   34.91
Merrill Lynch Latin America A  23.75   36.19
Scudder Latin America          37.28

Closed End
Argentina                      20.97   22.98
Brazil                         50.31   33.91  32.09 15.32
Brazilian Equity               62.59   48.26
Chile                          15.94   14.41  45.61
Emerging Mexico                 6.84   44.09
Latin America Equity           24.68   36.23
Latin America Investment       21.49   26.56  46.11
Latin America Discovery        29.68   43.53
Mexico                          6.00   42.26  39.23 40.12
Mexico Equity and Income       17.60   49.70

*3- and 5- Yr returns are annualized.


/mtb