wsigler

Canadian Oil Sands, Penn West Energy Protected on the Downside

RE: Pairing PWE etc. with DUG: The 15% you quote is actually nearer 13-14% BEFORE Canada lops off 15% of that - putting the net at 11-12%. (Not all investors can reclaim the foreign tax on U.S. tax return). THEN, since you've matched your investment with a like amount in DUG, your actual theoretical net is 5 1/2 to 6%. Not to shabby compared with fixed income invetments, but not nearly as rosy as portrayed.