Has management changed? The short history of TUI.UN is well documented, over paying dividends, being force to cut dividend, then being forced by the investors to cancel switching back to a regular corp.
Doesn't seem like there has been a lot of good moves.
Yes, value wise it may look like a good deal, but I would prefer to put my money in a company with a better track recorded.
I did own last year and was rewarded with it being my big lose.
IMHO-I would use my ten foot pole to poke this one.