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re: Any undervalued sector mutual funds?

Posted on 3/13/14 at 11:27 am to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 3/13/14 at 11:27 am to
quote:

you know if anyone tells you something is unjustly undervalued they are just guessing.


I don't necessarily agree with this 100% There are etf's that trade below their true NAV every day of the week. To me this is undervalued. That's not to say they will increase pps to reach true NPV or NAV, but they are clearly undervalued as you're buying something at a discount to it's true value by one measure.
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