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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (4834)	11/15/2001 3:46:28 PM
From: BWAC	Read Replies (3) \| Respond to of 5499

Definitely nice yields. But I have my own rental nightmares to worry over. Maybe I should let someone else worry over them and pay me a dividend? NCN an oil and gas trust paying about 20% looks interesting at $7. Pays about 15 cents a month. Wednesday November 7, 1:25 pm Eastern Time Press Release SOURCE: NCE Petrofund NCE Petrofund Announces Monthly Distribution of 25 Cents - $0.25 - Per Unit for November TORONTO--(BUSINESS WIRE)--Nov. 7, 2001--NCE Petrofund (AMEX:NCN - news; TSE:NCF.UN. - news) announces that the November distribution for the Trust is C$0.25 per trust unit. Price on TSE/AMEX The price for NCE Petrofund on the Toronto Stock Exchange at the close of the market on November 6, 2001 was C$12.80 per unit. The price for NCE Petrofund on the American Stock Exchange on November 6, 2001 was US$8.01 per unit. U.S. equivalent Based on an exchange rate of C$1.59/US$1.00, the November distribution would be US$0.1572 per unit. The exact exchange rate is calculated on the date of record (November 16, 2001). Payable date The distribution is payable on November 30, 2001 to holders of record on November 16, 2001. The November distribution amount reflects a one-for-three trust unit consolidation, which became effective at the opening of trading on July 6, 2001. NCE Petrofund NCE Petrofund is an income trust designed to acquire oil and gas properties through the acquisition of oil and gas assets. The resulting cash flow from these properties is distributed to unitholders on a monthly basis. NCE Resources Group NCE Petrofund is a member of NCE Resources Group. NCE Resources Group was formed in 1984 as an oil and gas investment management organization. The company has invested or manages the investment of over $1.3 billion on behalf of approximately 85,000 investors. NCE employs approximately 175 people in the areas of engineering, land management, marketing, geology, accounting, finance and investor services.