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Wednesday, February 21, 2007

EIT.UN-TSX

I bought another 1,000 units of EIT.UN today on the TSX.

This brings my total holdings to 33,000 units.

This exchange (TSX) traded fund yields 13.2%.

This fund holds a basket of 60 companies and is trading at a 13.6% discount to Net Asset Value.

So I get diversification and a 13.2% yield on my investment and the market value discount is like a free insurance policy.

These type of anomallies normally do not last long in the market place in my opinion.

Please perform your own due dilligence at http://www.enervest.com/main/page.php?page_id=2 .

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