Additional downside ........ for all unit holders of HR.un .... whether in reg or non reg accounts:
As more people realize the "bad deal" they r getting from management re the OTH vs. CG tax tradeoff ... there will be more peeps on the Sell side .... tending to force the unit price down!
And related to this tax drag on performance .... as the ACB creeps up annually in non reg accounts .... more holders will earmark their "in the red" HR.un position for tax loss selling .... also exerting downward price pressure!
I wonder how many insiders hold significant amounts of HR.un ... in which case they would want to be more aligned with unitholder positive strategies than current practice suggests.
In conclusion .... I hv convinced myself that I made an error by rolling over my HR.un holding from Margin Acct to RRSP! I should hv just exited and said "Sayanora" once and for all! Fortunately only about $145k in this minor holding .... so it is what it is!
My bad!