Dear Pat: What do you think SCITI ROCS Trust, and what are the implications of the scheduled windup of the trust? The tax deferral is attractive to me, and it offers a high yield. Thanks.

SCITI ROCS Trust, $5.46, symbol SCI.UN on Toronto (Units outstanding: 13.0 million; Market cap: $70.9 million), is an investment trust that aims to give investors diversification and tax-efficient monthly distributions through a roughly equally weighted portfolio of income funds that are included in the Scotia… Read More