MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, February 2, 2011 An Egypt ETF Trades at a Premium Fundsters following the news on the current unrest in Egypt may want to take a look at today's Wall Street Journal. Yesterday InvestmentNews noted that Van Eck's Market Vectors Egypt Index ETF [see profile] has seen its assets double and then stopped issuing new shares (see The MFWire, 2/1/2011), and then today in the "Fund Track" column, John Spence reports that the ETF's shares are now trading at a 10 percent premium in the secondary market, as if it were a closed end mutual fund. Printed from: MFWire.com/story.asp?s=35909 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |