Hello all
I've recently taken my portfolio to another financial advisor for a second opinion. The "new" advisor suggests I reallocate many of my current investments (GIC's, bonds, managed mutual funds) into ETF's and some stock - namely income trusts. I'm ok with the ETF advice but wonder if going to income trusts is a good idea as I've heard the legislation will change in 2011
Some of the trusts he recommended are KEY.UN, PMT.UN, RSI.UN, WTE.UN, CUS.UN, LIQ.UN, DHF.UN, CLC.UN etc.
Any thoughts on this?
I've recently taken my portfolio to another financial advisor for a second opinion. The "new" advisor suggests I reallocate many of my current investments (GIC's, bonds, managed mutual funds) into ETF's and some stock - namely income trusts. I'm ok with the ETF advice but wonder if going to income trusts is a good idea as I've heard the legislation will change in 2011
Some of the trusts he recommended are KEY.UN, PMT.UN, RSI.UN, WTE.UN, CUS.UN, LIQ.UN, DHF.UN, CLC.UN etc.
Any thoughts on this?