One of the few royalty trusts that has a very unique strategy. Primarily oil focused and is in the Bakken play in Saskatchewan. Has very little of the risks that you would see with some of the others.

They replicate the index by buying the constituent elements of the index. The beauty of them is their relatively low costs. A very easy way for both amateurs and professionals to get exposure to the market or use it as a hedge against existing positions.

Not that positive on natural gas. Coming into a shoulder season where gas prices typically fall off. Likes this one, not for the traditional gas play, but because they have non-traditional reserves, have booked tight gas reservoirs, etc., amassed huge land positions, divested of marginal properties, buying back stock, getting into the oil sands and a very forward-looking deal with ConocoPhillips (COP-N).

Very gas weighted. Acquiring Cyries Energy (CYS-T). Have taken on a little bit of debt to finance it. Wait until the end of the summer or early fall and buy it in anticipation of a colder winter.

An oil sands play and most investors should have some names in the oil sands. This is a 2011/2012 play. He prefers companies that have production or near production such as Suncor (SU-T) or Opti (OPC-T).

His overall outlook on the market is that it is going to be tough sledding for 6 months to a year so you want to be defensive and in cash and regulated utilities. Extremely well managed.

A great name. Has a lot of exposure to Cuba so it is hard to see it been taken over. Very inexpensive on a cash flow multiple basis. You can buy this one, hold it, add to your holdings but just be patient.