Scorching Hot Energy Sector
Finally, let’s take a look at the S&P/TSX Energy Trust Index…
That’s right, a 121% gain since start of this index in 2002.
That’s just the energy income trusts, how about the S&P/TSX Capped Energy Index:
Last year’s growth was near 60%! It’s had 20%+ growth every year since 2003. It’s up 250% since it’s 2001 bottom.
Ofcourse, that’s directly correlated to the oil price…
Not to mention Natural Gas prices…