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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 (3484)6/18/2002 7:18:53 PM
From: Scott Mc  Read Replies (1) | Respond to of 11633
 
CGI Canada T TSE CANADIAN GENERAL INVT LTD CLOSED END MUTUAL FUND
CGI.WT Canada T TSE CANADIAN GENERAL INVT LTD WTS
I was aware of this one issuing warrants in the past, I assume(yes thats all) that somewhere else others have also, why not there are several hundred(yes check Barrons)...

I hold at least a dozen trusts, and no I'm not going to offer proof.

I think you are trying to say that Sentry Fund Management offers value to the small share holder, I don't have a problem with that. I'm not interested in buying it so I wouldn't study it, I'm just trying to point out that you should consider hidden costs(including rights issues).

I've have heard many mutual funds salespeople say "Don't worry about fees, you are making money", the real guarentee is that the mutual fund salesperson and management are making money. The best one recently was a fund salesman saying to a large group of people

No Load - 3% on average MER
Front Load - 2% on average MER
Rear Load - 1% on average MER's
He only makes money if you make money, etc etc

I know, I know, you are talking about a closed end fund, actually these are usually the only type I buy since I feel they are very good if you can buy at a deep discount to NAV.