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To: Duane L. Olson who wrote (2650)11/9/2000 2:31:04 PM
From: E. Graphs  Read Replies (2) | Respond to of 4564
 
Should people be allowed to vote if they can't connect dots?



To: Duane L. Olson who wrote (2650)11/11/2000 1:05:38 PM
From: Wolf 2  Read Replies (2) | Respond to of 4564
 
TSO:

But tell me....what are these high yielding trusts, and how would one buy them??

Firstly, they are not for everyone since the possibility for capital gains are limited by their corporate mandate. That is, they are structured to provide an income stream to unitholders and to replace annual production on their depleting resource bases rather than to 'grow earnings'. Oh...and they rise and fall in lockstep with the spot prices for the underlying commodities whether they're hedged or not...duh :-)

Having said that, as a group, they were naturally a real bargain at the end of 1998 and beginning of 1999. Averaging down at that time has produced capital gains, if one were inclined to cash in, in the range of 150-300% since 1-1-99 depending on the trust. Those with heavier weightings of natural gas are currently favoured.

Most of them are listed on the Toronto Stock Exchange as 'Trust Units'. Examples are Primewest Income (TSE:pwi.un), Enermark Income Fund (TSE:eif.un), Maximum Energy Trust (TSE:mxt.un). One can find more info, bullboards, etc. for each of them on Stockhouse.ca (Canadian version of Stockhouse.com) The symbols on that site must be prefixed with "t." to reflect the TSE so Enermark is 't.eif.un' and so on.

Good hunting.
Wolf