I dont recommend closed end funds They are very easy to manipulate and often underperform the underlying index they track If you want to invest in overseas companies buy wisdomtree ETFs they are much harder to manipulate and offer far greater security and returns than closed end funds. I recommend DEW and DFE there are a bunch other wisdomtree ETFs but those two have great charts, great stability as well as fundamentals Here are all the wisdomtree ETFs http://finance.yahoo.com/lookup?s=wisdomtree&m=US&t=E
you are making a huge generalization as closed end funds encompass the entire industry. Only a small percentage of CEFs track a specific index and these are usually called ETF more commonly. Like saying stay away from mutual funds or stocks. Perhaps you mean a certain type of closed-end fund or ETF...
I'm referring to the kind of closed end funds that track foreign markets I came to this conclusion after watching this video and reading this article on how they are so easily manipulated http://videoplayer.thestreet.com/?c...IN&bst=FF&biec=false&format=flash&bitrate=300 http://biz.yahoo.com/ts/070510/10356148.html?.v=1