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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: trustmanic who wrote (2878)3/17/2002 2:00:47 PM
From: Marc Fortier  Read Replies (1) of 11633
 
Trusts of trusts don't bother me that much. You're right about the fees, but it should not be a problem provided the manager isn't too greedy. I mean, if you hold units yielding on average 10% you'd do a good business by taking 1 to 2% to manage it. That's nothing extraordinary.

One thing I would make sure however is to buy a fund that has some track record. Look at Guardian High-Yield Fund, it has a consistent and proven record.
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