Quote Originally Posted by Bertuzzi View Post
There's a higher risk income fund out of Red Deer called RIFCO... I deal with them on a daily basis with my business. I am kind of on the fence with them. I have some shares but not a lot because they may go either way. I am leaning more to success with them, they just need to become more aggressive. Being an Albertan and close to the action, maybe ask you advisor to check them out for you.
Income funds by thier nature are less aggressive and try to stay on that side of the fence. Income funds typically will also provide less in returns (quantified to percentages) than a well run growth fund in a bull market. In addition income funds will usually result in a negative tax implication for people who are still in the work force. Although individual circumstance will vary, risk tolerances, available equity for investment, long term goals, and expenses (among other variables) should all be considered.


Moto