Two Trusts With Growth Ahead

SLEEP COUNTRY CANADA INCOME FUND $20.89 (Toronto symbol Z.UN; SI Rating: Extra Risk) is the largest retailer of mattresses in Canada. Mattress sets account for about 90% of its sales. Other products include head boards, foot boards, pillows, mattress pads, bed frames and sheets.

In the… Read More

Two Stable Trusts for Income and Growth

PEMBINA PIPELINE INCOME FUND $16.52 (Toronto symbol PIF.UN; SI Rating: Extra risk) has increased its distribution for the second time this year. The fund now pays $0.12 a month, up 9.1% from $0.11 previously. The units now yield 8.7%. In January, Pembina increased its monthly… Read More

Here are Two Best Buys in Income Trusts

PEMBINA PIPELINE INCOME FUND $16.72 (Toronto symbol PIF.UN; SI Rating: Extra risk) has interests in 14 feeder pipeline systems with a total length of 8,350 kilometres. This includes the Pembina System, in operation since 1954.

The company also holds a 50% interest in the Fort Saskatchewan… Read More

New Trust Tax Hits RRSPs & Foreigners

Starting in 2011, Ottawa will impose a tax on income trust distributions that will put the income trusts on an equal tax footing with conventional taxable corporations. Trusts will pay a 31.5% tax on distributions to unit holders, so your cash flow from those trusts… Read More

The 12 Factors We Use to Judge Trusts

In evaluating investments, many investors focus on what we’d call ‘investment outputs’, such as earnings, dividends, cash flow, return on equity, sales growth and so on. These are all important, of course, but you shouldn’t focus on them to the exclusion of what you might… Read More