Fort Chicago plans for 2011

FORT CHICAGO ENERGY PARTNERS L.P. $10.05 (Toronto symbol FCE.UN; Units outstanding: 137.9 million; Market cap: $1.4 billion; SI Rating: Extra Risk) has announced that it plans to convert to a dividend-paying corporation before Ottawa starts taxing income trusts on January 1, 2011. The trust’s conversion… Read More

These Prefs Beat Bonds

Canadian banks have recently issued new preferred shares to raise capital. To attract investors in a time of weak stock markets, they’ve issued these preferreds on especially attractive terms.

The preferreds pay dividends that give them yields of 6.25% to 6.50%. That’s higher than current Government… Read More

Profit from Tax-Free Savings Accounts

Starting in 2009, Ottawa’s new Tax-Free Savings Accounts (or TFSAs) will let you earn investment income — including interest, dividends and capital gains — tax free. The new accounts are open to Canadian residents who are at least 18 years old and have filed at… Read More

Still a Buy, But in Limited Amounts

ABERDEEN ASIA-PACIFIC INCOME INVESTMENT $7.10 (Toronto symbol: FAP) (CWA Rating: Income) is a closed-end fund that invests mainly in Australian debt instruments. It also invests in U.S. dollar denominated bonds of Asian countries and in Asian bonds. Right now it has 26.2% of its assets… Read More

Buy in Limited Amounts

ABERDEEN ASIA-PACIFIC INCOME INVESTMENT $8.95 (Toronto symbol: FAP) (CWA Rating: Income) is a closed-end fund that invests mainly in Australian debt instruments. It also invests in U.S. dollar denominated bonds of Asian countries and in Asian bonds. The fund has net assets of $419.6 million… Read More

Buy — In Limited Quantities

ABERDEEN ASIA-PACIFIC INCOME INVESTMENT $7.98 (Toronto symbol: FAP) (CWA Rating: Income) is a closed-end fund that invests mainly in Australian debt instruments. It also invests in U.S. dollar denominated bonds of Asian countries and in Asian bonds. The fund has net assets of $559.2 million… Read More