V. 8:13 (485-485): Quick Scans: 1989/1990 ENCYCLOPEDIA OF CLOSED END FUNDS
Product Description
1989/1990 ENCYCLOPEDIA OF CLOSED END FUNDS
Thomas J. Herzfeld Advisors, Inc.
P.O. Box 161465
Miami, FL 33116
(305) 271-1900
Author: Thomas J. Herzfeld
Price: $125
If you are a mutual fund trader with substantial assets to commit to trading, you have to decide which fund families within which to trade. The most popular fund group for heavy-duty traders is the Fidelity Select Group. However, this group has some fairly heavy-duty costs associated with it. For instance, if you trade in the Select Group, you could pay a sales charge of 2% to get into the group, and another 1% to get out. If you are investing large sums, I believe you should consider trading closed end funds at heavily discounted commissions.
With the publication of the book, 1989/1990 Encyclopedia of Closed End Funds (which we are told will be revised annually), getting information on closed end funds just got a whole lot easier. Because closed end fund shares are bought on the open market and not from the fund itself, there is no prospectus. The only sources of information put out by the fund are the regular quarterly and annual reports typical of publicly traded corporations.
Thomas J. Herzfeld Advisors, Inc.
P.O. Box 161465
Miami, FL 33116
(305) 271-1900
Author: Thomas J. Herzfeld
Price: $125
If you are a mutual fund trader with substantial assets to commit to trading, you have to decide which fund families within which to trade. The most popular fund group for heavy-duty traders is the Fidelity Select Group. However, this group has some fairly heavy-duty costs associated with it. For instance, if you trade in the Select Group, you could pay a sales charge of 2% to get into the group, and another 1% to get out. If you are investing large sums, I believe you should consider trading closed end funds at heavily discounted commissions.
With the publication of the book, 1989/1990 Encyclopedia of Closed End Funds (which we are told will be revised annually), getting information on closed end funds just got a whole lot easier. Because closed end fund shares are bought on the open market and not from the fund itself, there is no prospectus. The only sources of information put out by the fund are the regular quarterly and annual reports typical of publicly traded corporations.
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