energy trusts?

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Hello,
Can someone give me some info on energy trusts?
For example I see PWI. It has a yield of 13.76%.
Is there a downside to this?
the price just seems to hover between 17 and 28.
so it seems like a good place to park and make a big yield?

2007-09-19 16:28:46 · 2 answers · asked by Philip Augustus 3 in Business & Finance ➔ Personal Finance

2 answers

buy HTE they are alot bigger, the dowside is 3 years the canadian tax laws are changing so that they are doing away with these trusts, anybody buying for income will probably dump them at that time.

2007-09-19 16:34:40 · answer #1 · answered by Anonymous · 0⤊ 1⤋

The downside is if energy prices fall. Or if their production dries up and isnt replaced. The yield is based on production and energy prices.

2007-09-19 23:34:33 · answer #2 · answered by jeff410 7 · 0⤊ 0⤋