Noranda Income Fund Unit NNDIF

RE:The right question

[HomerAndCompany]

Jim, Morningstar shows TD with barely 1 millions shares and not selling. RBC they show selling big having reduced their 4 million holding by almost half. The scale of institutional selling per Morningstar represents 5% or so of outstanding shares (with significant offsetting buys). They have the potential to sell another 10% or so, though I wonder at them wanting out at these prices. Your warning may be coming a bit late.