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General Donlee Income Fund $4.90 – Toronto symbol GDI.UN

GENERAL DONLEE INCOME FUND $4.90 (Toronto symbol GDI.UN; SI Rating: Speculative) makes precision-machined products for the military, commercial and general aerospace industries. The fund yields 13.5%. General Donlee is looking at several “strategic options” to boost value, including a restructuring or the sale of the entire fund. We think there are better trusts available for income-seeking investors. General Donlee is a sell.

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