Saturday, February 10, 2007
Steady Rise in Net Asset Values of TRUST ETF
This week the Net Asset Value (NAV) of SDT.UN-T increased $0.05 per unit (from $5.37 to $5.42 per unit). There has been a steady rise in NAV since the beginning of the year. The same is true for EIT.UN-T. Some of this rise in NAV is probably due to share buy backs. The point here is that income trusts are making a slow come back in spite of the continuous negative press in the main stream media. I expect this upward trend to continue.
Posted by Investing for Income at 7:36 PM