just a hint...even if a US investor holds one of these CANROYs in a tax-advantaged account, you will pay 15% foreign tax on the distribution that you cannot claim on your US taxes.another hint...tax law in canada is likely to change in the near future which will remove the CANROYs tax efficiencies. those high distributions will likely go down in 2011 when the new law will go into effect.another hint...the price of these CANROYs typically follow the price of oil and natural gas. many have cut distributions in the past few months as oil and gas declined. expect lumpy distributions.CANROYs that have diversified and/or long lived assets and low pay out ratios are most desirable.best,--tytthus
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