JCCIII

Must-Know Criteria for Picking Inflation Proof, High Dividend Stocks

Cliff. In earlier articles in this series of excellent articles, you recommended Macquarie Power and Infrastructure Fund (Yahoo! Finance symbols MCQPF.PK and MPT-UN.TO). There is a 31 March 2009 news story on the TSX site stating that 40% of the 2008 distribution was return of capital. Do you have metrics on what portion of distributions of other income funds are return of capital? Would such a high proportion of the dividend being return of capital take this fund off your recommended list? Thanks.

Beware 'Dividend Aristocrats' that Actually Offer Low Yields, No Real Income

Axelrod608. ESIUF.PK is listed on the Toronto Stock Exchange as SIF.UN

Canadian Clean Energy Trusts: Best High Yield U.S. Dollar Hedge?

Cliff. Some comments and a question. (1) This is a great series of articles; thank you for the time and effort. (2) I believe the symbols for Northland Power Income Fund are NPIFF.PK (pink sheets) and NPI.UN (TSX); or, maybe I totally missed something. (3) You noted Innergex was thinly traded, which made me wonder about the volume of the other trusts. From the TSX site and Yahoo Finance, the trusts noted in your article have the following approximate daily average volume: APT.UN 96K, APTWF.PK, 63K; SIF.UN 236K, ESIUF.PK 2.6K; GLH.UN 61K, GLHIF.PK 4.4K; IEF.UN 25K, INRGF.PK 3.5K; MPT.UN 100K, MCQPF.PK 9K; and NPI.UN 79K, NPIFF.PK 1K. (4) Is the average daily volume metric a factor to you? Thank you.

Canadian Clean Energy Trusts: Best High Yield U.S. Dollar Hedge?

Cliff. You note pink sheets and TSX symbols for all of the trusts in your article. When purchasing any of these, do you recommend trading via pink sheets or as a foreign ordinary transaction via TSX? What is your reasoning for choosing one vehicle over the other? Thank you.

2011, A Canadian Tax Odyssey: Canadian Income Trust Investors' Guide

Cliff. You provide pink sheets symbols for all of the Canadian income and REIT trusts mentioned. I assume this means you purchase these equities via the pink sheets. These equities are listed on the Toronto Stock Exchange (TSX). Accordingly, I assume they could be purchased through one's broker via the TSX as a foreign ordinary purchase transaction, or via an internet global account such as those available through E-Trade and Interactive Brokers. Is my assumption about your using pink sheets for the trades correct? If you use the pink sheets, why is this preferable to making a foreign ordinary transaction through either your broker or an internet global account? Thank you, JCarroll