IIF 0.00% 53.5¢ ing industrial fund

Wouldn't the currency issue already be factored into the 55%...

  1. 81 Posts.
    Wouldn't the currency issue already be factored into the 55% TLR?

    I say that because in the 11 Dec 08 annoucement they said that due to the currency change the TLR had increased from 51.7% to 55.0%.

    Interest rate hedging is interesting.

    Would that be a bit like Exchange Traded Options (Call) which become worthless if they expire at a price above the market price?

    How much would you slash of the Total Assets to allow for that?

 
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