Best of the Trusts & REITs

GUARDIAN MONTHLY HIGH INCOME II FUND $16.06 (CWA Rating: Income) (GGOF Guardian Group of Funds, Commerce Court West, Suite 4100, P.O. Box 201, Toronto, Ontario M5L 1E8. 1-800-668- 5613; Web site: www.ggof.com. Available from brokers) emphasizes more stable real estate investment trusts (REITs), and high-quality,… Read More

What To Do With Petrofund

PETROFUND ENERGY TRUST $27.94 (Toronto symbol PTF.UN; SI Rating: Speculative) is now the subject of a takeover bid by Penn West Energy Trust $44.30, symbol PWT.UN on Toronto.

Petrofund unitholders will receive 0.6 of a Penn West unit (with a current value of $26.58), as well… Read More