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

To: Marc Fortier who wrote (6260)	8/31/2003 9:54:52 PM
From: Peter W. Panchyshyn	Respond to of 11633

Thansk for the input Pete. I did not know that you held trusts of trusts. Thought that it was too expensive (the MER eating % of the distribution). ------ One has to do a little of a costs benefits analysis as it were. Do the benefits (what one gets as income or gains) exceed the costs that maybe incurred. One major key benefit is the yearly rights and warrants issues that these trusts of trusts do. These are done at a discount and result in an instant premium for unitholders that partake in them. These also trade for a period of time on their own. And they can be played. I have past postings here on this board which show double digit trading gains from these. ---------- ------ Another key feature is that they (the trusts of trusts) do most all the work. Thats their job. And some have a good track record. And that says a lot. Let them sort through the info on hundreds of trusts , let them buy and sell those hundreds, and I will just analyze their results and accumulate their units and collect their income each month. ---------- Like you I feel that the business trusts are tough to follow. I mean, they should be considered more like stocks, the level of distributions depending on the fortune of the business (unlike a resource base trusts or one that has some sort of monopoly [gambling] or providing an essential service to its community [housing, shopping centers, etc.]). I will definitely have a look at your suggestions. Thanks very much.