MY MO­MEN­TUM PORT­FO­LIO

Finweek English Edition - - SIMON SAYS -

One of t he s t o c k s i n my 2 015 Mo­men­tum port­fo­lio was Fortress B. Many read­ers have asked what t he dif­fer­ence bet ween Fortress A and B units i s. Both a re a REIT and im­por­tantly the A units have a pref­er­en­tial en­ti­tle­ment to div­i­dends and to cap­i­tal par­tic­i­pa­tion i n t he e vent of l i qui­da­tion. The big­ger pic­ture is that the A units are lower risked, but have a capped div­i­dend in­crease. So as Fortress does bet­ter, the B’s div­i­dend in­creases faster.

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