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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Scott Mc who wrote (395)6/19/2000 1:56:00 PM
From: Peter W. Panchyshyn  Read Replies (1) | Respond to of 11633
 
The one I particularly like at the moment is NCD.UN (NCE Diversified Income Trust). Have held it since it first came out and acquired more along the way. Thought it would be a good way to get more exposure to all the other income trusts. The prime reason I like it has been that earlier this year it gave out unit purchase warrants. At first these warrants just sucked big time dropping from 10 cents to 4 cents. Management came out saying they were so confident in the future performance of the fund that they were to start taking units instead of their management fee. I looked at this as a pretty good sign and bought more warrants on the open market between 6 and 10 cents. These warrants are currently at 23 cents.

I am not familiar with Multfund.