Monday, January 05, 2009
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Allianz NFJ Internat (AFJDX)

Category:   Foreign Large Value
Status:   Open to new investors

Current Recommendation: Hold
Pevious Recommendation: Accumulate

Reason
 (last updated on 9/3/2008):
This fund is holding much better compared to other international funds. However, it is down 20.2% from its 10/31/2007 peak forcing us to downgrade the fund. It has a fund imposed short term redemption fee of 2% if sold in less than 30 days. It is available at Schwab and Fidelity as a no load/no transaction fee fund.

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