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Income Trusts |
By popular demand ...
Your one-stop-shop for info on Canadian Income Trusts. The
strategy, categories, securities, and positions. The
issues (pros and cons) are growing in number and complexity
so stay tuned.
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Bulls & Bears |
You'll now
find the Bull and the Bear Case for many of our categories,
strategies and positions.
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TrackRecord
Subscribers asked, "what would we do". Please see
Disclaimer.
Some examples below. They include both longer term and shorter
term strategies. Stocks and Bonds in the I&Y Universe that
pay dividends and/or interest have performed impressively as a
group relative to the broad market and on an absolute basis since Y2000, and much better when filtered by our
BrainTrust.
NOTE: Trades and positions
are NOT always hypothetical. Some are hypothetical and some are
actual trades. But, in all cases, the trades are posted within minutes
and often seconds of establishing the position. The positions are
NOT "rear view mirror", that is, posted days or weeks later.
Overview:
2010
As of July 9, All positions have positive realized or unrealized gains.
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2007
Almost all long positions were sold in 2007. We didn't get the
absolute top, but better to be safe than sorry. Selling almost
everything didn't help with subscriber growth, but it saved a lot of
portfolios. Note that at one point, after the recovery of the CanRoy sector
from the 10/31/2006 Tax Policy announcement, the TrackRecord was all green!
2008
Just a very small handful of LONG positions initiated in 2008,
and those are/were hedged and were placed with tight trailing stops.
Canadian Income Trust
300+%
MLP
26%
Financial LONG
32%
Financial SHORT 77%
Oil & Gas SHORT 38%
US Income Trust 26%
Shipping 21%
Canadian Power IDS 41%
Canadian Income Trust
-5.6%
2009
The theme now is "who will survive" and "getting my
money back" as opposed to "who will thrive" and "growth".
Bonds, preferreds, and some trading. Examples include ...
|
Symbol |
Date
Added |
Ave
Cost |
Date
Sold |
Sold/Recent
Price |
Shorter Term
% Return |
|
Recent
Price |
Longer Term
% Return |
Canadian
Utility |
07/17/08 |
6.37 |
holding |
8.56 |
49.00 |
|
8.56 |
49.00 |
BAC 6.75%
2019 |
8/03/09 |
100.00 |
holding |
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Muni Bond
CEF |
6/14/09 |
10.40 |
9/09/09 |
13.91 |
34.00 |
|
13.91 |
34.00 |
2007 Performance
(almost all positions were closed in 2nd and 3rd qtr 2007)
|
Symbol |
Date |
Average |
Date |
Sold/Recent |
Shorter Term |
|
Recent |
Longer Term |
|
|
Added |
Cost |
Sold |
Price |
% Return |
|
Price |
% Return |
|
5.25% CD |
10/09/06 |
$100.00 |
|
$100.00 |
0.00 |
|
$100.00 |
0.00 |
|
BDC |
01/16/06 |
$34.50 |
10/11/06 |
$41.10 |
26.23 |
|
$47.35 |
44.35 |
|
Bonds |
04/13/06 |
$7.75 |
|
$8.34 |
10.84 |
|
$8.34 |
10.84 |
|
CanRoy |
11/15/06 |
$19.80 |
|
$22.30 |
12.63 |
|
$22.30 |
12.63 |
|
Reit |
11/08/06 |
$11.40 |
|
$13.69 |
22.63 |
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$13.69 |
22.63 |
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CanRoy |
01/05/07 |
$9.29 |
|
$10.93 |
18.73 |
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$10.93 |
18.73 |
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Bonds |
02/23/06 |
$15.10 |
|
$20.90 |
44.50 |
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$20.90 |
44.50 |
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Bonds |
10/18/06 |
$18.30 |
|
$19.39 |
5.96 |
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$19.39 |
5.96 |
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CanRoy |
09/25/06 |
$19.50 |
|
$20.80 |
12.31 |
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$20.80 |
12.31 |
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CanRoy |
10/04/06 |
$14.66 |
|
$15.79 |
15.89 |
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$15.79 |
15.89 |
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CanRoy |
10/09/06 |
$14.56 |
|
$17.13 |
23.15 |
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$17.13 |
23.15 |
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REIT |
06/14/06 |
$12.70 |
|
$16.86 |
42.20 |
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$16.86 |
42.20 |
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Hedge |
09/27/06 |
$18.06 |
01/30/07 |
$18.63 |
3.16 |
|
$18.62 |
3.10 |
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Hedge |
02/27/07 |
$17.48 |
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$17.56 |
0.46 |
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$17.56 |
0.46 |
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Shipping |
08/20/06 |
$15.55 |
02/26/07 |
$20.80 |
36.98 |
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$21.80 |
43.41 |
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CanRoy |
09/25/06 |
$45.76 |
10/18/06 |
$52.10 |
13.85 |
|
$48.10 |
8.29 |
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Bonds |
10/20/05 |
$18.90 |
|
$19.57 |
13.60 |
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$19.57 |
13.60 |
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CanRoy |
11/15/06 |
$19.50 |
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$23.00 |
22.15 |
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$23.00 |
22.15 |
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Div Stock |
05/22/06 |
$24.42 |
10/06/06 |
$33.10 |
37.59 |
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$31.12 |
27.44 |
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AmRoy |
03/06/07 |
$23.58 |
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$27.45 |
16.41 |
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$27.45 |
16.41 |
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REIT |
10/10/05 |
$9.62 |
10/25/06 |
$14.25 |
57.48 |
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$13.42 |
48.86 |
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REIT |
05/16/07 |
$12.53 |
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$13.42 |
7.10 |
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$13.42 |
7.10 |
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REIT |
01/09/07 |
$29.70 |
01/16/07 |
$31.20 |
5.05 |
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$31.20 |
5.05 |
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REIT |
02/14/07 |
$18.80 |
02/14/07 |
$20.30 |
7.98 |
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$20.30 |
7.98 |
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IDS |
08/31/05 |
$15.60 |
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$22.89 |
62.88 |
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$22.89 |
62.88 |
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Hedge |
09/23/05 |
$17.60 |
04/14/06 |
$19.74 |
12.16 |
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$19.74 |
12.16 |
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CanRoy |
11/03/06 |
$24.10 |
11/03/06 |
$24.95 |
3.53 |
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$26.52 |
10.04 |
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CanRoy |
02/16/07 |
$12.05 |
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$12.85 |
9.29 |
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$12.85 |
9.29 |
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Bonds |
10/13/05 |
$16.52 |
09/15/06 |
$18.00 |
18.11 |
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$18.00 |
18.10 |
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Bonds |
10/03/06 |
$16.10 |
12/07/06 |
$17.03 |
5.78 |
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$17.00 |
5.59 |
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Bonds |
03/14/07 |
$16.19 |
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$16.45 |
1.61 |
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$16.45 |
1.61 |
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CanRoy |
11/17/06 |
$4.06 |
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$4.32 |
16.26 |
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$4.32 |
16.26 |
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Div Stock |
12/17/05 |
$24.80 |
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$41.03 |
70.81 |
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$41.03 |
70.81 |
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