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Macroshares Arbitrage Opportunity About to Pay Off GLu  03-16-2008, 10:49 PM | Post #2498548  | 
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With oil bouncing between $110 - 111 the considerable arbitrage opportunity that I have written about in the past is about to pay off. The Macroshares funds (DCR and UCR) are trading at the equivalent of a $15+ per barrel discount. $111 is a magic trigger point for early termination of this trust structure and with it an evaporation of the discount. I recently posted on the mechanics of early termination in case you are interested.
Topics arbitrage Closed end funds Discounts Funds oil View Complete Thread
 
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