FFXDF - Fairfax India Gives Interesting Exposure To India - But Isn't Fair
I am always looking for exposure to India. A country with a young population, growing at high single digits with a lot of room to grow even more, offers interesting long-term investing tailwinds that a portfolio should have exposure to. However, there aren't many investing opportunities for non-domicile investors.
At first, Fairfax India Holdings Corporation (FFXDF) looks like an interesting investing opportunity trading below book value and offering great exposure to Indian growth. However, when I dig deeper, there are some significant hidden costs.
Before continuing, please look at another similar company offering