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Canadian Investing / Canada - Canadian Rule Makers


Subject:  Re: Royalty Trusts Date:  3/4/2002  3:02 PM
Author:  UnkaBob Number:  175 of 182

Don't rush to buy trusts right now.The RRSP season has just closed and there is a lot of loose money looking for an investment with real returns .The prices on many funds are being bid up by this glut of money and should move down over the next week or two.Do your own research and be aware of the (untaxed) portion of the distributions.They are (return of capital)your own money coming back,NOT INCOME.
good luck
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