In case you missed it, PowerShares is going to roll out another 1107 new ETFs shortly (perhaps in my haste I miscounted), one of which will be the India Tiger Portfolio.
This new fund could have some impact on IIF (reduced client holding) and IFN. Both CEFs trade at large premiums to NAV. The ETF will compete for some of the assets that might otherwise access India through the CEFs. If the ETF proves to be a better investment then the CEFs could be dramatically impacted.
The point is that there is visibility for the premiums to narrow as the ETF attracts capital.
Wikinvest Wire
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