Income Trust units are publicly traded equities with unique monetary and structural characteristics that distinguishes them from common shares. Since the mid-1990s, income trusts have become a significant fixture in Canadian capital markets and have experienced significant growth in popularity among both retail and institutional investors.
They supply an option for issuers seeking capital and investors seeking yields that are attractive during otherwise disruptive predicament for the market. The note on Income Trusts consists of details that reveal precisely how they are structured as well as details of their pricing.
Publication Date: 03/04/2004
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