Mid Morning
Roger Nusbaum (June 10th, 2008) Writes:
I have been interested in and invested in Vietnam since the fall of 2006. I bought the Vietnam Opportunity Fund (VOF.L) at $2.48, sold half of it at $4.73 a few months later and still have some shares now trading at $1.99.The fund hovered along at down a little for the year before starting to swoon about a month ago, consistent with the VN Index which is down 59% YTD.The GDP has been en fuego, but less than in China, which has proven too hot to handle as now inflation appears to be running at 25-30%.As I wrote several times along the way about Vietnam, a destination like this is going to have huge booms and huge busts along the way.The story on the ground, which of course includes the inflation ...
Tags for this Post:
100 Basis Points, Asset Class, Benchmark, booms, Current Market News, Digits, Drag On, Fuego, Gdp, handful, Huge Busts, inflation, Luck Factor, Mid Morning, Moderation, Opportunity Fund, Several Times, Sorts, Stocks to Watch, Swoon, Viability, Vietnam, Vietnam Opportunity Fund Vof
100 Basis Points, Asset Class, Benchmark, booms, Current Market News, Digits, Drag On, Fuego, Gdp, handful, Huge Busts, inflation, Luck Factor, Mid Morning, Moderation, Opportunity Fund, Several Times, Sorts, Stocks to Watch, Swoon, Viability, Vietnam, Vietnam Opportunity Fund Vof


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