Book description
Income trusts are booming. They have been one of the best-performing
classes of investments in one of the worst markets in decades. With over
150 trusts currently trading on the Toronto Stock Exchange at a combined
value of over billion, this relatively new vehicle, the income fund, is
one of the hottest tickets on the Canadian investment landscape today.
Written by two of the industry's top experts and commentators, this
is the first book of its kind: a complete guide to the income trust
industry in Canada.
Includes complete coverage on: what income funds are and how to use
them to your advantage; myths and facts about income funds; different
types of income trusts; what to look for in an income trust, and how
to assess the risks involved; how income trusts, and the investors in
them, are taxed; funds of income funds; and much more.
- Explains what business owners need to know if they are
considering converting their businesses into an income trust.
- Features listings and profiles of over 160 income funds
currently available in Canada, including a description of each
fund, performance history, and contact information.
- Designed for anyone interested in knowing how Canadian income
funds work, including: investors, business owners, directors,
trustees, stockbrokers, financial advisors, lawyers, accountants,
investment bankers, and commercial bankers.
Peter Beck is a well-known financial expert and
President of SwiftTrade Inc., Canada's leading proprietary trading firm.
A European-trained chef, Mr. Beck immigrated to Canada in 1979 and
set up a number of successful businesses, including a coffee shop, a
water bottling company, a pet food delivery service, and ITN
Corporation, the first legally operating long distance company in
Canada. In 1998, he founded SwiftTrade, which was #7 on Profit
Magazine's "10 Hottest Startups in Canada" for 2001, and
was named #2 on the "Top 100 Fastest Growing Businesses in
Canada" for 2004, also by Profit, with an astounding
five-year growth rate of almost 9000%.
Mr. Beck has been featured in media across the country, including
The Globe and Mail, the Toronto Star, CTV News, ROB
TV, and Canadian Business. He regularly appears on television
to offer commentary on the markets, writes articles for financial
publications across the country, and is the co-author of Hedge
Funds for Canadians: New Investment Strategies for Winning in Any
Market (John Wiley & Sons).
Simon Romano is a partner at Stikeman Elliott LLP, a 440-lawyer
firm with an international reputation in all areas of business law,
most notably securities, tax, banking, corporate finance, M&A,
securitizations and derivatives, commercial litigation, competition
law, commercial real estate, labour/employment and pension law,
environmental law, intellectual property and related fields. Mr.
Romano practices principally in the area of securities, M&A and
finance, as well as acting for private equity funds, income trusts,
and alternative trading systems.
Mr. Romano has practiced in both Toronto and New York, and was
formerly a clerk at the Supreme Court of Canada. During 1995 and 1996,
he was Special Counsel to the Ontario Securities Commission, where he
dealt with take-over bids as well as other projects. He has written a
number of articles, is a frequent speaker at seminars, and was a
member of the Ontario Securities Commission's Securities Advisory Committee.
He is particularly active in the area of income trusts, having
advised the Livingston International Income Fund and the SIR Royalty
Income Fund, among others. He has been recognized by Lexpert/American
Lawyer as one of Canada's top 500 lawyers, and by Chambers Global as
one of the world's leading lawyers.
