ETF revamped to reflect taxes governing income trusts
The conversion to corporate status is fully underway; the main impact thus far is an expected drop in payouts
“Exceptional opportunities” exist for clients with an insatiable thirst for income
Many income trusts have converted to corporations in anticipation of taxation method changes in 2011
Bulk of conversion activity won’t happen until toward the end of 2010
Mackenzie Sentinel Income Trust Fund investors to vote on changes to investment objectives
A special meeting of unitholders will be held on August 12 in Toronto to consider changes to the declaration of trust of several Middlefield Income Funds, Middlefield Fund Management said Tuesday.The proposed changes would affect MINT Income Fund, COMPASS Income Fund, INDEXPLUS Income Fund, YIELDPLUS Income Fund, STaRS Income Fund, ACTIVEnergy Income Fund, and Uranium […]
Corporate structure provides greater financial flexibility, Sullivan says
Managers of Canadian income trust equity funds are treading carefully in volatile markets. “It’s prudent to be cautious,” one says
To find those that will survive, look at payout ratios, tax pools, commodity prices