From yahoo board:
Current issue of Business Week:
Indeed, Canadian income trusts have been on a roll.
They racked up a total return of 29% (in Canadian
dollars) for the 12 months ended Feb. 28, 2005,
according to BMO Nesbitt Burns Trust Composite Index.
Add in a currency kicker, an 8% appreciation in the
Canadian dollar, and the return for U.S. investors
jumped to approximately 37%.
The trusts have shown their stuff over a longer
period, too. The five-year total return is 202%, with
another 18% currency bonus. They've become so popular
that they now account for some 12% of the overall
Canadian stock market. That figure is bound to grow
because later this year, income trusts are slated to
be included in Canada's broad market index, the
S&P/TSX Composite Index. That will surely increase
demand as institutional investors attempt to replicate
the index.
dabum, this may not match your trading performance, but it isn't a poor alternative. Personally, I find it comforting that dividends (distributions) can't be restated after they already have been paid.
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