1.   This would normally be deducted from dividend income before calculating the income available for distribution to unit holders.

2.   By concentrating on the return to the unit holder the problems of adjusting the net asset value of the fund for capital inflows and outflows may be avoided.

3.   As an income trust, cash from the operation will flow through to the unit holders.

4.   After expenses are paid, the cash is passed on to the unit holders.

5.   Cash distributions to unit holders are similar to dividends paid on stock.

6.   Celtics officials said they did not obtain a fairness opinion because the reorganization will have no impact on the ownership interest of unit holders.

7.   Master limited partnerships are conduits through which the operating results of a business flow directly to unit holders.

8.   The statement further said unit holders will be required to hold the unit trusts for at least six months after which they will be able to sell them.

9.   These properties would then provide a steady income stream which can ensure a reasonably attractive yield to unit holders, and with potential for capital growth.

10.   Unit holders will enjoy tax-free gains from their investments.