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

To: Scott Mc who wrote (3562)	6/26/2002 2:08:25 AM
From: Peter W. Panchyshyn	Read Replies (1) \| Respond to of 11633

The "may" are above and beyond what is specified.... These are front end fees that your broker/Investment planner/ etc etc can get out of you.... ------ My take on this would be that these would not be extra costs as you indicated. Here's why? If an individual needed to pay broker and especially planner fees to buy the trust of trusts. he would most probably have to encour those same costs if he went the individual trust route or he would not be paying them in the first place. Now he could change his mind. Decide he doesn't need a planner but then he could still have the trust of trusts. The cost of a planner is then not dependant solely on the trust of trusts but on the needs of the individual. So cutting out the trust of trusts out of the equation would still mean that this individual would still be paying for his planner. -------------- --------- When doing a costs comparison between a single individual trust (or trusts) and a trust of trusts. The biggest component of that extra 1% to 2% is strictly the extra management fees. Things like planners or mailings or reports or supplies or any of the other are going to have to be paid irregardless whether one holds a trust or a trust of trusts ------------- -------- One can probably best think of it like this. If I don't hold a trust of trusts but 6 individual trusts I save the cost of paying for the annual report of the trust of trusts. That is true but now I'm paying for the costs of 6 annual reports and not just one. -----------------