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an observation: MJFOX

edited February 2014 in Fund Discussions
Nikkei up almost 2%. The fund MJFOX is down 0.7% on the day. "Fair value pricing" at it, again?

Comments

  • edited February 2014
    I think you're looking at the wrong day. It is 2/21 in Japan, and the Nikkei is open right now and up ~ 2% on the day.

    Yesterday, 2/20, Nikkei was down about 317 points, over 2%.

    MJFOX is reporting its results based on 2/20 market. Looking at the prices of the top 25 holdings, tomorrow might be a big day. (And that's why Fair Value Pricing exists)
  • Yep. International Dateline pricing.
  • Thanks, guys.
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