Hmmm. Seems as if some fund lost their infinite patience.
Hardly a loss of patience. I would say a shrewd move. I did the exact same thing a month ago transfering all of my SGR that was in my margin account into my RRSP in order to take the tax loss. I am sure most of us in the pms had huge gains in 2010 and had capital gains tax to pay last year, so it will be nice to get all of that money back this year. Most of my shares are in an RRSP now so I will not have to worry about taxes when she hits $5 bucks Friday (lol)