Euro Pacific China Mutual Fund Announced
I just recieved information from Euro Pacific regarding their new China Fund available for investors. For those who may not be familiar with Euro Pacific, this is Peter Schiff’s company who has made a big splash with his excellent predictions of the U.S. economy over the last few years.
If you know anything about Schiff and his economic views, he views China as a major long term opportunity. At first glance, it looks like this mutual fund will invest directly with Chinese companies on foreign exchanges. Schiff also focuses on higher dividend companies.
After a quick glance, it looks like the minimum investment is $2,500 and there is a 4.5% front load fee along with 1.75% annual management fee which means that this fund is not cheap. While I don’t own any mutual funds, I have to admit, this is the first one that I might actually consider since I’m such a fan of Euro Pacific.
You can find more information here.