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

To: Peter W. Panchyshyn who wrote (3478)	6/16/2002 9:04:48 PM
From: Scott Mc	Read Replies (1) \| Respond to of 11633

I understand rights OK, basically the same as a warrant, usually shorter term, but the issue details determine exercise price, date and other details, there are no set ratios. What I do not know, is how does Sentry differ from any other closed end fund?? (besides holding trusts and issuing monthly distributions). Other closed end funds issue rights and or warrant from time to time and pay dividends. As far as doing a rights issue and then buying back shares, I didn't note different time frame, and I'm all for closed end funds buying back their shares when they trade under NAV, wish more would do it...