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

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To: Seeker of Truth who wrote (7638)	9/17/2004 2:09:10 PM
From: Tommaso	of 11633

Hi Malcolm, My model portfolio for Energy Split is up over 8% from maybe three months ago, and since capital appreciation of that part paid for by the preferred shares goes to the capital shares, the "leverage factor" has raised NAV by about 15% over that period. scotiamanagedcompanies.com The premium has shrunk to 6.74% as of this week. scotiamanagedcompanies.com!2026279099?com=ESC Let's hope the propane tank doesn't go empty on this wonderful hot air balloon. As I need not tell you, there have also been two tax-deferred returns of capital in the same period, amounting to about 10% of my original purchase price.

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