Investing in Eastern Europe & Russia

Here are some of the Mutual Funds/ETFs for Eastern Europe & Russia.

1. U.S. Global Accolade Eastern Europe - This fund focuses as the name says on Eastern Europe - Russia, Poland, the Czech Republic, Hungary and Turkey.
2. ING RUSSIA FUND - This fund invests exclusively in Russia. Please note that this fund has a front end load fee of about 5.75% which is quite expensive, unless you are investing for the long haul.
3. CENTRAL EUROPE & RUS - This is an etf (closed end fund) which invests in Eastern Europe and Russia. This fund is currently trading at 12% discount to its NAV value.
4. Templeton Russia and East European Fund - This is an etf (closed end fund) which primarily invests in Russia. The premium on this fund has come down from high of 40% two years ago to almost no premium now.