Инвестирование в income trust
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Инвестирование в income trust
Привет уважаемые инвесторы! Кто-нибудь инвестировал в income trust? Суть в том, что покупаешь стоки и получаешь дивидетны по-месячно или по-квартально, в сумме выходит 10-13% годовых. Как бы лучше чем держать на сейвинге даже если это HSBC (5.05% current). Если кто уже пробывал такое - поделитесь впечатлениями (можно в личку)
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википедия про это дело неплохо пишет
http://en.wikipedia.org/wiki/Income_trust
Investor risks
Income trusts are equity investments, not fixed income securities, and they share many of the risks inherent in stock ownership. Each trust has an operating risk based on its underlying business; the higher the yield, the higher the risk. They also have additional risk factors:
Lack of diversification: unlike mutual funds, income trusts are generally single-sector or even single-enterprise, and their investments are sensitive to business cycles, especially for real estate and commodities.
Potential sacrifice of growth: most revenue is passed on to unitholders, rather than reinvested in the business; in some cases a trust can become a wasting asset. Because many income trusts pay out more than their net income, the shareholder equity (capital) may decline over time. In such cases an investor is really receiving their own capital back through the distributions, somewhat likening the arrangement as a Ponzi scheme. For example according to one recent report, 75% of the 50 largest business trusts in Canada pay out more than they earn ("Who should you trust on trusts?", Financial Post, November 23, 2005.)
Lack of income guarantees: income trusts do not guarantee minimum distributions or even return of capital. If the business starts to lose money, the trust can reduce or even eliminate distributions; this is usually accompanied by sharp losses in units' market value.
Exposure to regulatory changes: while REITs and royalty trusts are generally well-established, single-company business trusts can cause significant losses in government tax revenue if they become too numerous. The government may decide to intervene and remove some of the tax benefits.
Exposure to interest rate risk: since the yield is one of the main attractions of income trusts, there is the risk that trust units will decline in value if interest rates in the rest of the cash/treasury market increase. This risk is common to other dividend/income based investments such as Bonds.
Liability: depending on the local regulations, income trusts may be considered partnerships that do not provide the same limited liability protection as common stocks.
(Sources include: TD Waterhouse July 2005 paper)
http://en.wikipedia.org/wiki/Income_trust
Investor risks
Income trusts are equity investments, not fixed income securities, and they share many of the risks inherent in stock ownership. Each trust has an operating risk based on its underlying business; the higher the yield, the higher the risk. They also have additional risk factors:
Lack of diversification: unlike mutual funds, income trusts are generally single-sector or even single-enterprise, and their investments are sensitive to business cycles, especially for real estate and commodities.
Potential sacrifice of growth: most revenue is passed on to unitholders, rather than reinvested in the business; in some cases a trust can become a wasting asset. Because many income trusts pay out more than their net income, the shareholder equity (capital) may decline over time. In such cases an investor is really receiving their own capital back through the distributions, somewhat likening the arrangement as a Ponzi scheme. For example according to one recent report, 75% of the 50 largest business trusts in Canada pay out more than they earn ("Who should you trust on trusts?", Financial Post, November 23, 2005.)
Lack of income guarantees: income trusts do not guarantee minimum distributions or even return of capital. If the business starts to lose money, the trust can reduce or even eliminate distributions; this is usually accompanied by sharp losses in units' market value.
Exposure to regulatory changes: while REITs and royalty trusts are generally well-established, single-company business trusts can cause significant losses in government tax revenue if they become too numerous. The government may decide to intervene and remove some of the tax benefits.
Exposure to interest rate risk: since the yield is one of the main attractions of income trusts, there is the risk that trust units will decline in value if interest rates in the rest of the cash/treasury market increase. This risk is common to other dividend/income based investments such as Bonds.
Liability: depending on the local regulations, income trusts may be considered partnerships that do not provide the same limited liability protection as common stocks.
(Sources include: TD Waterhouse July 2005 paper)
Оно вроде и ни что-либо как, а приведись такое дело так вот тебе и пожалуйста.
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Re: Инвестирование в income trust
nina_123 wrote: Суть в том, что покупаешь стоки и получаешь дивидетны по-месячно или по-квартально, в сумме выходит 10-13% годовых.
Зуб даете?
Нахмурки себе цену знают
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Про mutual funds читать здесь: http://www.morningstar.com
(или в "финансах" в архиве).
Их куча всяких разных. Проценты тем выше, чем выше риск.
Самое простое - инвестировать в индексные фонды.
Например, VFINX - 8.8% в среднем за последние 10 лет
(приблизительно как у индекса S&P 500, к которому "привязан" этот фонд).
(или в "финансах" в архиве).
Их куча всяких разных. Проценты тем выше, чем выше риск.
Самое простое - инвестировать в индексные фонды.
Например, VFINX - 8.8% в среднем за последние 10 лет
(приблизительно как у индекса S&P 500, к которому "привязан" этот фонд).
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