Re: [RT] Radical price drop in a couple of funds

["Ron Cernokus" <roncer@xxxxxxxxxxxxx>]

I am hearing now that Pro Funds had an unannounced dividend distribution.  Therefore the UUPIX should have the 22% added back into the fund for tomorrow.  Kind of awkward and scary from my position.

 

Thanks for commenting.

 

Ron

 

----- Original Message -----

From: Deosaran Bisnath

To: realtraders@xxxxxxxxxxxxxxx

Sent: Tuesday, December 18, 2007 6:57 PM

Subject: Re: [RT] Radical price drop in a couple of funds

India's Sensex declined sharply last few days. Could be part of the problem for these developing and emerging market funds. But, 20% ? 

Ron Cernokus <roncer@xxxxxxxxxxnet> wrote:

Yesterday TEDMX (Templeton developing markets) dropped 20% and today UUPIX (Ultra Emerging Market Pro Fund) drops 22 %.  Does anybody have any idea what's happening with these funds?  

 

Thanks,

Ron

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