Decade of Daddy Mirror Fund

Time to add 175,000 BCE at $34.75 to the Decade of Daddy Mirror Fund™. If the Teachers deal doesn’t close, it’ll likely be due to a collapse in the promised loan facility, and the BCE dividend will be restored; if the LBO loan is pulled a telco would be the right place to be hiding in any event (other than cash). If the deal closes, the upside is clear.

Over that the real Decade of Daddy Fund, NAV’s down to $10.23, but the Oleary Global Equity Fund units (OGE.UN:TSX) are hanging in there above the IPO price.

MRM