Any advise or wisdome with this fund ? and is it a good entry point now ? I like the fund and all of my research so far says it is a good fund although it is also rated high on risk which is understandable . Appriciate the input in advance .
Well quite honestly it hasn't done a whole lot in moving up with the NAV. I looked back for any dividend and didn't find any. It has a management fee of about 2.09% which is quite high for no activity.I think this fund could go much higher in years to come but only if the world economy can move greatly higher. I would like to see if any year end dividend is paid out before I buy anymore shares.I believe Lazard Sticker symbol: LDMOX (developing emerging markets fund) is a much more interesting buy.
I have this and it doesn't beat DJI, looks like it never has. Trying to unload it once it comes back. How it gets 5 stars from morningstar is beyong me. I went with moringstar on 3 other funds; ALL underperforming DJI. morningstar blows; once I am out, I will put money in stocks of my own choosing (made money last time I did 78% in two years, but it was nerve-wracking)
Well if you have a long time horizon to get anything back this fund might be it. If you want current income I haven't seen this fund payout anything monthly or at year end. This to me would be long time hold. It's NAV is very small so a big purchase now might pay off in a couple of years.