brother in law works for a timber company..says hes visited the prt nursuries...says everyone is pumped...they use trees for medicine and for of course timber replacement..just opened huge nursury in vegas to provide seedlings for all western us timber cos....
How do we get info on them...pfsrf..prt??..the income fund has no info does rarely trade..is there another vehicle??
Evidently they Canandian gub privatized this sector...
i have same question on prt...brother in law says they are the best. Im gonna view this as a international bond equivalent in my portfolio..high yielding but no expectations beyond that.price will fluctuate...i wish it were an equity...someone correct me if im wrong...Thinking 3-4% of my portfolio....and sell it for a capital loss if it falls 20%...???
"The PRT Forest Regeneration Income Fund is a publicly traded income fund, which was created to hold all common shares and certain notes of PRT.
PRT is the largest producer of container grown forest seedlings in North America, consisting of a network of nurseries in Canada and the U.S. Collectively these nurseries produce in excess of 140 million seedlings per year.
The Fund pays to its unitholders monthly, by way of distribution of interest, dividends or capital, cash flow generated from the business of PRT. Units of the Fund are listed for trading on the Toronto Stock Exchange under the trading symbol PRT.UN."
also, to get qoute in Canadian $ www.adviceforinvestors.com,