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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: mariner who wrote (3854)7/31/2002 9:59:44 AM
From: Goldberry  Read Replies (1) of 11633
 
The word "reduces" would be more appropriate. In as much as most convertible REIT db's mature in about 5 yrs or less and enjoy preferred status vs the trust units then should real estate values take a hit the % change in market value in a downturn will be much less for the db than the trust units and will lessen more the closer they get to maturity.

On the cost front I believe with TDW it is $40.00 plus $1.50 per $1000 of MV (up to $50000) so on a $25,000 purchase the fee would be $77.50 quite reasonable IMO.
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