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Revision History For: Triax Diversified High Yield Trust Units

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This new issue was mentioned in an article in the Globe and Mail on February 19. The units start trading today symbol trh.ir. Investors paid $8 on closing and the balance for these installment receipts are due in February 1998. The managers hope to yield 10 to 12% in the first year and are aiming for an average yield of 8.5% over the life of the trust. The article mentioned that this issue was oversubcribed by 1.5 times.I believe these units were priced fair and have great potential. Where are pension funds going to park there funds in a few years when the federal government will not need to issue new debt? Richard