ETFs and currency risk

tradetime

sabretoothtigger wrote: »

the management fee is a part of the Total Expense Ratio

Great, same as an ETF, thought I better check while I've got some guys who are familiar with these type of products, as I have found the goal posts often move when you switch from one investment type or class to another.

sabretoothtigger

This is the rupee, the currency vs investment in the trust and the stock exchange vs the IT.

So I guess they could have got some of the outperformance by being in cash?
They are a discount of 20p to the NAV

Heres a JP fund with more details
http://www.h-l.co.uk/funds/security_details/sedol/4572107



http://finance.yahoo.com/q?s=INRGBP=X










Audio briefing on Indian company performance re: aberdeen IT
http://mediazone.brighttalk.com/comm/Aberdeen/26b21b09dc-12486-368-12637


http://www.h-l.co.uk/shares/security_details/sedol/0604877




http://www.ftse.com/Indices/FTSE_All_World_Index_Series/Performance_Analysis.jsp

sabretoothtigger

jii.l jumped 15% today as india elected an economist pm with a strong majority apparently. I hope one of you were invested!

tradetime

sabretoothtigger wrote: »

jii.l jumped 15% today as india elected an economist pm with a strong majority apparently. I hope one of you were invested!

Sadly I exited EPI ahead of the elections after a nice run as I tend not to play political uncertainty, sometimes having rules sucks

sabretoothtigger

EPI shows as 9 PE, would that reflect the average pe of the companies held.
Seems pretty high for such a young market, I remember russia index being mentioned as having pe of 5 at one point

Also heard commentary that emerging markets are being highly rated now in comparison to western markets, which would depend also on which direction either will go


I wouldnt bet on politics either exactly but I do like to take opinions, I found an indian youtube channel for this kinda of discussion.

Their first budget comes in July 44 days time, maybe interesting for companies which operate in this area such as Vodafone if I remember right


http://www.youtube.com/watch?v=Td_EKebQEXU

sabretoothtigger

The indian budget was a disappointment and markets fell 5% & together with the recent declines that makes it back on the radar in terms of buying in imo

Budget thing was classic sell on the news type reaction, nothing negative actually happened.
Definitely a volatile (but positive loaded imo) market but anyway Im posting because telegraph discuss it today also

http://www.telegraph.co.uk/finance/markets/questor/5780164/Questor-Sensex-correction-provides-Indian-buy-opportunity.html


I would actually favour a tracker, lnft because it might be years before it pays off and jii isnt at a discount any more afaik