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PREMX item in its portf.

CrashCrash
in Fund Discussions
Vereinigte Mexikanische 7.75%

Among its top 5 positions. Mexican something(?) Seems like a German designation, no? What gives?

Comments

  • JohnChisum
    United Mexican. Google Translate app to the rescue.
  • rjb112
    That's very cool JohnChisum. I just checked out that Google Translate. It will even Detect the Language if you don't know what language it is ! So it detected that it was German, and then translated it.
  • JohnChisum
    It even uses voice in the app.
  • CrashCrash
    Thanks, guys. But... um..... "United Mexican..." WHAT, exactly? And if its Mexican, why isn't it in Spanish? Secondary market, or what?
  • Old_JoeOld_Joe
    Crash- I can't find any direct info on it, but if you put "Vereinigte Mexikanische financial" into a search you come up with a whole lot of funds which have what must be various bond issues, as the %'s seems to be between 5 and 7 %. With rates that high, probably not the highest possible quality rating.
  • CrashCrash
    I see, OK, then.:)
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