3 Reasons to buy Mexico Equity and Income Fund (MXE)
Read the full article: http://quantinvestor.blogspot.com/2008/03/mexico-equity-and-...
The quant investor has three main reasons why you should get into the Mexico Equity and Income Fund:
1. On Friday, the discount to NAV was over 16% which is well above the average range for the last year.
2. Shareholder Friendly: The closed end fund activist, Phil Goldstein, sits on the board of MXE.
3. Strong Sponsorship: The well respected hedge fund, Renaissance Technologies, holds an 8% position in MXE. City of London Asset Management also holds a position.
The quant investor also believes that the Mexican economy will benefit from higher crude oil prices.
Vested Interest:
None listed- Login or register to post comments
- Email this page

