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Internet Message Format  |  1992-11-24  |  1.7 KB
  1. Path: sparky!uunet!wupost!waikato.ac.nz!canterbury.ac.nz!cantua!cctr114
  2. Newsgroups: misc.invest
  3. Subject: Re: I'd like to invest in Asia, what's the best way?
  4. Message-ID: <By784u.Hp7@cantua.canterbury.ac.nz>
  5. From: cctr114@cantua.canterbury.ac.nz (Bill Rea)
  6. Date: Tue, 24 Nov 1992 02:26:53 GMT
  7. References: <1992Nov23.023851.10776@cs.mcgill.ca>
  8. Organization: University of Canterbury, Christchurch, New Zealand.
  9. Nntp-Posting-Host: cantua.canterbury.ac.nz
  10. X-Newsreader: TIN [version 1.1 PL6]
  11. Lines: 26
  12.  
  13. Louis LECLERC (louis@cs.mcgill.ca) wrote:
  14. > 
  15. >  I don't want an Asia fund denominated in US dollars as I fear that lots of 
  16. > new spending in the US is going to be paid for by printing money over the
  17. > next few years. (hence inflation).
  18.  
  19. This isn't going to affect the value of your investment. If value of the
  20. fund's portfolio in local currency is static, but the U.S. dollar falls
  21. agsinst the local currency, then the value, in U.S. dollars, of the fund 
  22. will increase. And vice versa. You have the problem of currency flucuations
  23. for all foreign investments, independant of the currency the investment is
  24. denominated in.
  25.  
  26. > Thank You;
  27. >  
  28. > Louis Leclerc
  29. > louis@binkley.cs.mcgill.ca
  30.  
  31. --
  32.                                                                      ___
  33. Bill Rea                                                            (o o)
  34. -------------------------------------------------------------------w--U--w---
  35. | Bill Rea, Computer Services Centre, | E-Mail   b.rea@csc.canterbury.ac.nz |
  36. | University of Canterbury,           | or     cctr114@csc.canterbury.ac.nz |
  37. | Christchurch, New Zealand           | Phone (03)-642-331 Fax (03)-642-999 |
  38. -----------------------------------------------------------------------------
  39.