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First Trust Dow Jones Global Select Dividend Ix Fd V.FGD


Primary Symbol: FGD

The investment seeks investment results that correspond generally to the price and yield before the funds fees and expenses of an equity index called the Dow Jones Global Select Dividend IndexSM. The fund will normally invest at least 90% of its net assets including investment borrowings in the common stocks and depositary receipts that comprise the index. The index is an indicated annual dividend yield weighted index of 100 stocks selected from the developedmarket portion of the Dow Jones World IndexSM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index.


ARCA:FGD - Post by User

First Trust Dow Jones Global Select Dividend Ix Fd
Bullboard Posts
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(3)
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Post by lilbuggeron Aug 21, 2002 11:47am
157 Views
Post# 5374543

Rats are jumping ship

Rats are jumping shipAfter further review of the Company's financial statements I noticed another flaw. The Pioneer Canal 12-10 well which on a May 30 news release said they were going to increase their interest actually looks like it is being dropped. Note 3 part (b) "During the year ended May 31, 2002, the Company did not consent to the payment of rework costsof US$13,616. As a result, pursuant to the option agreement, the Company has relinquished its right to receive its porportionate share of up to $54,468 of future revenues. It seems to me that there was some misleading news releases being issued.......they changed their mind from increasing their interest to dropping it in one day and not bothered telling anyone. I now see why Jason jumped ship.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities