Morgan Stanley India Investment Fund, Inc. (NYSE:IIF)
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A non-diversified, closed-end management investment company.
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A non-diversified, closed-end management investment company.
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Investment companies reflect the current economies better than anything else. When the economy is up, so are investments, and vice versa. Our economy isn't getting any better. We are totally independent.
You know this fund invests in India, right?
Sure, but It is even affected by U.S. markets, not only from nervous investors selling the stock, but if the market were to dive, it affects commerce with other nations. Everything is somehow connected to the big U.S.
Except this fund is in INDIAN stocks, whose economy is still growing!!