Iraqi mutual funds

Are there any mutual funds in U.S. based on Iraqi economy. It seems
like Iraqi economy is going to grow by 20% next year. Semms like a
good investment.

Thanks

Re: Iraqi mutual funds

<> wrote in message
news:
> Are there any mutual funds in U.S. based on Iraqi economy. It seems
> like Iraqi economy is going to grow by 20% next year. Semms like a
> good investment.
>
> Thanks

No, try Turkey. TKF.

Re: Iraqi mutual funds

wrote:
> Are there any mutual funds in U.S. based on Iraqi economy. It seems
> like Iraqi economy is going to grow by 20% next year. Semms like a
> good investment.

Most U.S. based interests are defense or energy related, and they're
effectively going to be stocks of out company interests for development
in Iraq, which there are, as well as other national interests. Being
within traditionally hard countries, though, carries significant risk.
The fundaments for a sense for merchantile aren't lacking (Mohammed
started out a trader before becoming a prophet, after all), if
anything, it could appear to be overly developed to a point of
diffusion. Dispensation over infrastructures hasn't occured over the
wide sands, in the sense northern climes capriciously experience as
beaches. If only ignominy is present it won't hold any more water than
did living on trashpiles high enough for a view to Ferdinand Marcos'
palaces. It will quite possibly break down to an advantaged
development, in their sense, over time, as it once did for Mustafa
Kemal Ataturk. Over means shiek-mindedness first must come to valuate,
and to reconcile how best to supplicate, before a base left to Mullahs
to interpret fittingly vile for decimation by terrorists.

Beyond a critical point within a finite space, freedom diminishes as
numbers increase. ...The human question is not how many can possibly
survive within the system, but what kind of existence is possible for
those who do survive. - Frank Herbert, Dune

Re: Iraqi mutual funds

Ed wrote:
> <> wrote in message
> news:
>
>>Are there any mutual funds in U.S. based on Iraqi economy. It seems
>>like Iraqi economy is going to grow by 20% next year. Semms like a
>>good investment.
>>
>>Thanks
>
>
> No, try Turkey. TKF.

The Baghdad stock exchange still lists fewer than 100 companies; it uses
old-fashioned blackboards rather than electronics to list prices; and
there is no electronic funds transfer (heavily armed guards move bags of
money around the city). And of course, terrorist bombings frequently
interrupt both trading and payment for trades.

So does the Efficient Market Hypothesis hold for an Iraqi investor in
the Baghdad stock exchange?


--
Steven D. Litvintchouk
Email:

Remove the NOSPAM before replying to me.

Re: Iraqi mutual funds

"Steven L." <> wrote

> The Baghdad stock exchange still lists fewer than 100 companies; it uses
> old-fashioned blackboards rather than electronics to list prices; and
> there is no electronic funds transfer (heavily armed guards move bags of
> money around the city). And of course, terrorist bombings frequently
> interrupt both trading and payment for trades.
>
> So does the Efficient Market Hypothesis hold for an Iraqi investor in the
> Baghdad stock exchange?

I really doubt it. I wouldn't invest there anyway.

Re: Iraqi mutual funds

Ed wrote:

> > So does the Efficient Market Hypothesis hold for an Iraqi investor in the
> > Baghdad stock exchange?
>
> I really doubt it. I wouldn't invest there anyway.

It's an imbalance in potentials in question, foremost, 115 billion
barrels of charted oil reserves, at least 110 trillion cubic feet of
natural gas, and a third of labor idle at less than half its former
GDP. That's a third of world oil reserves, which are legally immune as
exports from debts for invading Kuwait. Prior to the war China and
Russia were the ones signing new Iraqi energy contracts.

Religion often partakes of the myth of progress that shields us from
the terrors of an uncertain future. Truth without falsehood. It is the
attempt to see the Light without knowing the Darkness. It cannot be.
-Frank Herbert, Dune.