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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 458.00+1.4%Jan 23 4:00 PM EST

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To: SG who wrote (46905)2/26/2009 9:11:49 PM
From: carranza2  Read Replies (1) of 219763
 
The distribution has been reduced to US .18 per month [actually .23 Canadian, which is .18 US at a ,80 exch. rate]per unit before application of the Canadian witholding tax.

There was a conf. call recently. It might still be available here:

Toll-Free North America 877-289-8525 Passcode 21295163 followed by the pound key

I don't have the time to listen to it.

I like the hedging program.

Assuming a net of Canadian taxes US .15 distribution per month for '09 and a $9 US unit cost, it is yielding circa 20% p/a.

I calculated my 12% annual return on what I paid for my units which was more than $9.

Can it keep up the distributions?

Who knows. It has made lots of adjustments to make a valiant effort.
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