G
Gruntler
Guest
Folks,
I have a lump sum to invest and for the moment don't want the hassle of investing directly in shares. I have been watching the bid price for the Quinn Euro Freeway tracker fund over the last few months. On Friday the bid price for that fund was 102 cents.
I have two questions for the forum:
1. I have read that unit prices when first offered usually start at 100 cents/pence per unit. If this is the case for the Euro Freeway fund then its value as of Friday is very close to its original value in 1996 when it first launched?
2. And thus the Euro Freeway fund should be a good long-term investment if the answer to the first question is yes.
I have a lump sum to invest and for the moment don't want the hassle of investing directly in shares. I have been watching the bid price for the Quinn Euro Freeway tracker fund over the last few months. On Friday the bid price for that fund was 102 cents.
I have two questions for the forum:
1. I have read that unit prices when first offered usually start at 100 cents/pence per unit. If this is the case for the Euro Freeway fund then its value as of Friday is very close to its original value in 1996 when it first launched?
2. And thus the Euro Freeway fund should be a good long-term investment if the answer to the first question is yes.