Peter Schiff's New Mutual Fund:

[abexman]

So a new Chinese mutual fund has been put together by Peter Schiff & Co. at Euro Pacific Capital.

Details:
EPHCX - minimum of $2500 (http://finance.yahoo.com/q?s=ephcx)
http://www.ephasiafunds.com/
Prospectus...
http://www.ephasiafunds.com/files/EPHChinaFundProspectusFinal.pdf
Additional info...
http://www.ephasiafunds.com/files/SAIEPHChinaFundFINAL.pdf

The fees do look a little high no? I do like the idea of a mutual fund that is not exposed or O.D.'d on Chinese FIRE companies, but other funds do seem cheaper, looking at one alternative:
http://us.ishares.com/product_info/fund/overview/FXI.htm
However this fund is about 50% in financials....

I also see no indication as of yet to the holdings in Schiff's fund, though I understand his typical philosophy?

Any thoughts? Are there better alternatives to non-FIRE Chinese focused mutual funds?

Thanks people!

[steveaustin2006]

Just in time for him to take his own clients down sharply again. If he's smart he'll leave it in cash until the correction comes.

[rabot10]

Just in time for him to take his own clients down sharply again. If he's smart he'll leave it in cash until the correction comes.

He only make money off the sales so I thinks he gets them in - what do you thinks?