E Split Corp T.ENS.PR.A

Primary Symbol: T.ENS Alternate Symbol(s): ENSRF

The objective of the Class A shares is to provide holders with non-cumulative monthly cash distributions and the opportunity for capital appreciation through exposure to the portfolio. And The investment objectives for the preferred shares is to provide holders with fixed cumulative preferential quarterly cash distributions and return the original issue price of 10.00 Dollars to holders upon maturity. The Company has a portfolio comprised primarily of common shares of Enbridge Inc. Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company the Enbridge Common Shares or the Portfolio and intends to purchase Enbridge Common Shares from time to time in the market or through participation in future public offerings by Enbridge. The Advisor believes that the Company offers investors an opportunity to gain exposure to Enbridge, one of the worlds largest energy infrastructure companies.

TSX:ENS - Post by User

E Split Corp > Added 5,000 shares this morning

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Comment by Obscure1on Jun 27, 2024 8:36am

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Post# 36108555

RE:RE:Added 5,000 shares this morning

Valid points Experienced.

I have always been a "total return" investor as well. However, at this stage of my life, I do appreciate the simplicity of a "set it and forget it" strategy.

While I tinker back and forth for fun (and better returns) my comfort level with an ENB derivative yielding 14% ticks a number of boxes for me.

I'm not smart enough (or dialed in to the street anymore) to trade effectively so ENB is like a cash flow security blanket for me.

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