Brutal , yes but our close cousin Argent Energy Trust ( aet.un ) another foreign asset Energy Trust is suffering big as well ( and yes I own it too !! )

Shares have dropped big recently prompting the company to issue a press release stating that there is nothing causing it. Production is very good and the divy of currently 14.5% is safe as says yesterdays news release. Yes I bought more of this one too yesterday.

Argent is owned by a number of mutual funds , such as Bisset,Sentry,MD, Redwood, Aston Hill, Front Street and Canoe.

Kwh also has a high ( 20% ) mutual fund ownership including Renaissance, PH &N, CI, RBC, Redwood, Tradex and United !!

Maybe recently falling energy prices are behind much of this drop. Volume is down from yesterday so far, so maybe we are getting to the end of the nervousness.

Keep the faith !!

Rico