Jean-Francois Tardif
Drive Products Income Fund
DPI.UN-T
TOP PICK
Sep 06, 2006
A new IPO which just came out last month. Customize trucks, for example for the militarily. Benefit from the infrastructure spending in Canada, oil and gas and military spending, which is going up. Yield is about 11.2%. Expects them to continue to grow.
(A Top Pick Dec 27/06. Up 5.2% plus distributions.) Management owns 48% of the business. Short term will be affected by economic cycles, but long-term a good hold.