I avoided investing in Religare Health Trust although I felt quite positive about the healthcare industry in general. I avoided investing in the Trust because I was concerned about the weakness of the Indian Rupee against the Singapore Dollar. I was also concerned about the financial engineering involved to make its distribution yield more attractive to investors at its IPO when units in the Trust were offered at 90c a piece. What financial engineering? In the middle of last year, I shared a conversation I had on FB that the sponsor waiver to income distributions ended on 31 March 2014. The sponsor held some 28% of the units. So, with the waiver, a proportional decline in DPU for other unit holders should be expected. Of course, if Mr. Market had expected the high yield to be maintained, the Trust's unit ......