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Canadian High Income Equity Fund T.CIQ.UN

Canadian High Income Equity Fund (the Fund) is a mutual fund trust. The Fund’s investment objective is to provide unitholders with a high monthly distribution and the opportunity for capital appreciation through investment in an actively managed portfolio of publicly listed or traded Canadian securities. The Fund's investments sectors include communication services, consumer staples and discretionary, financial, industrial, materials, oil and gas, pipes, power, utilities and infrastructure, real estate and short-term investments. Brompton Funds Limited is the manager and Bloom Investment Counsel, Inc. is the investment manager of the Fund.


TSX:CIQ.UN - Post by User

Comment by nu2this0on May 12, 2010 10:47am
338 Views
Post# 17089522

RE: Any others out there?

RE: Any others out there?Its taken a beating since its inception down 10% so a couple of bucks may be a pipe dream, unless there are alot in the fund that are definite takeovers, but who the heck knows anymore?

I made a mistake and picked this up early thinking the concept might have some merit, good thing I only considered this a pure gamble play on the outside chance that the manager may have had some insight - but alas wrong again they simply pull us in with the idea of a good idea and rake the cream off the top....they make their coin and we lose ours....

oh well
c'est la vie
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