GoFuckYourself.com - Adult Webmaster Forum - View Single Post

hershie · 10-02-2005, 01:19 PM

If you don't want to do all the research into Oil&Gas Income Trusts, there are some excellent "closed end" funds that hold lots of individual trusts and are actively managed like mutual funds and trade on the TSX that pay around 12% right now and also have appreciating unit prices just like stocks. An interesting wrinkle in the o&g trust market right now, is that because the trusts are flush with cash, and because they must pay out xx% to the unit holders, they will be forced to, over the next month or two, increase the distributions and probaqly pay out a special dividend to avoid going below the structured payout and get hit by the tax man. So buying a basket of the trusts in these closed end funds could be a great buy over the next few months. Three I hold are OGF.UN, SEF.UN, AEU.UN (I also hold a bunch of individual trusts).

10-02-2005, 01:19 PM
hershie Confirmed User Join Date: Jun 2002 Posts: 4,642	If you don't want to do all the research into Oil&Gas Income Trusts, there are some excellent "closed end" funds that hold lots of individual trusts and are actively managed like mutual funds and trade on the TSX that pay around 12% right now and also have appreciating unit prices just like stocks. An interesting wrinkle in the o&g trust market right now, is that because the trusts are flush with cash, and because they must pay out xx% to the unit holders, they will be forced to, over the next month or two, increase the distributions and probaqly pay out a special dividend to avoid going below the structured payout and get hit by the tax man. So buying a basket of the trusts in these closed end funds could be a great buy over the next few months. Three I hold are OGF.UN, SEF.UN, AEU.UN (I also hold a bunch of individual trusts).