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"Alaris Royalty Corp is engaged in investing in operating entities. Its operations consist primarily of investments in private operating entities, typically in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, loans receivable, or long-term license and royalty arrangements."

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Alaris Royalty Corp > So Public trust?

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Post by DreadBeard on Aug 05, 2020 9:42pm

So Public trust?

I am new to this concept, how would I trade my shares once this happens? Would it still be like normal in my trading account?

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Comment by CanSiamCyp on Aug 06, 2020 9:53am

No change. AD shares will disappear and be replaced by AD.UN units. So no change in trading mechanism.

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Comment by ckwong on Aug 16, 2020 5:00pm

From the trading perspective, AD.UN can be traded as any dividend based shares. However, the tax implication will be different. It may be too early to say, if the distribution is return of captical partial or total, then the distribution may not have to pay any tax for the return of capital portion until you sell. The returned capital will be used to reduce the cost base. More work to keep track ...more

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Comment by CanSiamCyp on Aug 16, 2020 8:19pm

Agreed ckwong! Without knowing the composition of the distribution, it is impossible to compare apples and oranges. If the distribution is 100% Foreign Income that will be terrible (in a non registered account); if it is 100% Eligible Dividend that would be the same as the current AD dividend; if it is 100% Return of Capital that would be great. In reality, I anticipate it may be something like ...more

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