No. of Recommendations: 1
"""Plumb Creek Timber is listed as a financial because it a trust. It
may be more accurate to think of it in the materials sector""" Plum Creek is a REIT

The reason why bring it up is for diversification purposes. My guess is that there is more correlation between PCL and a company like Potlatch than there would be between PCL and other REITS.

I understand why PCL might be compared to commodities (&/or the wood & paper industry) than with a traditional REIT, despite its REIT status. However, why mark any REIT as a "financial"? It seems confusing given that the tax structure of a REIT is different, so has a different tax consequence for the individual investor.

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