Canadian Trust investments

Posted by: Wolf on 19 April 2007

Anybody familiar with these? I've been looking for something with a good dividend to pay out regularly, and one by EnerVest Diversified looks really good at 13% yield. It seems more like a Mutual Fund as it's composed of income from trusts that are in all sectors of business so I'd deem it pretty safe. I found out my Schwab account will buy it and pay me monthly dividends. Much bigger by twice from what I can find in bonds in America. Sensible Canadians set these Trusts up to fund the shareholders pockets instead of the CEOs in American companies which is no wonder why we're in a tank. that and a huge trillion dollar debt from good old W fighting this stupid war.....rant over, time out.


Supposedly there is legislation to change the tax code to tax these more, but that's a few years off, 2011, and I'd still think it would beat the usual high yield 6% bond fund.


Why haven't I found out about this till now?

Glenn