Recent

% | $
Quotes you view appear here for quick access.

FIRST OPPTY FUND Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • friend_of_the_deceased friend_of_the_deceased Aug 7, 2009 11:25 PM Flag

    Discount

    NAV underperformed the US financials this week by half. Their foreign holdings and cash really hurt them but their discount closed up nicely allowing them to outperform (XLF's +10.3% - FF +16.46%).

    Are we headed back from the current 12.79% discount to the long term average discount of a 6.87%? Looks good - plus foreign holdings should help NAV next week if we get follow through from our jobs number.

 
FOFI
9.380.00(0.00%)Mar 13 3:45 PMEDT