RE:RE:John O & management commentJohn O, is full of sh*t. Look at his funds, a major holding as of Dec 31, 2107 is Altagas. Fact!. Then look at his funds returns, all poor poor returns. Then take a look at his fees. I mean really, who pays these fees anymore. He did mention that "retail" investors the ones buying these types of companies, implying they are stupid! Yet Davis Rea's funds have major holdings in Altagas receipts. Also looking at their funds, seems funds under management continue to fall year after year, could the retail investor getting tired of being ripped off by them?
Nice yield right now on ALA, all about risk/reward.