Hidden in the merger, T.FAY.UN took a divvy major hitThose invested in FAY.UN are in for a shock. 100 units of FAY.UN used to pay about 14.58/mo.
Those turned into about 111 FAO units. But those only pay at a much lower rate of $0.048/unit/month, meaning those 111 units will pay $5.08/month. Because unit mergers and ratio changes are tracked manually, many people won't notic the the cut to a bit more than a third of their previous divvys, until the deposit Feb. 4. See the distribution at https://www.firstasset.com/media/release?id=3353
Expect a major dive in price.....