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Bullboard - Stock Discussion Forum Capital Gains Income STREAMS Corporation T.CGQ.E

TSX:CGQ.E - Post Discussion

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Post by spazzman on Jul 21, 2011 12:49am

steady as she goes

 With all the chaos going on in the financial sector its great to find a fund that trades in a tight range and pays without issue month after month.  16% monthly yield its my serenity stock.   




Comment by gina_cobb on Jul 21, 2011 11:57am
I agree solid performance month after month.I also like this "CapitalRepayment:to pay holdersat termination,(on or aboutNovember 30,2013) theinitial issueprice of $15.00per share." (quote from prospectus)Somewhat confusing but I think in 2013 CGQ.E will be paid out at least the NAV. - if not the original $15 price. Any thoughts on that??Gina
Comment by spazzman on Jul 21, 2011 4:18pm
 I believe that the date will be re-set as 2013 nears and pushed forward, otherwise n.a.v. would be my guess as the termination price. 2013 is a longs ways off, where daily events can change this market 180° and then back again the next day.   I just take it all one day at a time.  Like DGS I am happy with CGQ.e holdings and plan to hold both for the long term.  Can ...more  
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