Trust units took a beating when the Conservatives published their intention of taxing units, etc.
TUI.UN is one of the first to submit its plan towards returning to regular shares. Distribution has come down from .24 amonth to .18 to the current temporary .12 a month. This should end in a month or two if all goes according to plan, and become a regular dividend of .08 quarterly.
TUI.UN trades around $6 (was over $20 a year+ ago.). I think the market has already accounted for the future changes.
IMO, True Energy is a good investment, at this price.
(Due Dil. req. ofcourse!)
g.p.