E Split Corp T.ENS

Alternate Symbol(s): T.ENS.PR.A | 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 > Happy 2024

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Comment by Experiencedon Jan 03, 2024 8:40am

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Post# 35808354

RE:RE:RE:Happy 2024

Obscure - I think you are overthinking this.

As you know from my posts on other Boards that I try to simplify things. In the case of ENS just buy ENS when the premium is low (3-7%) and then sell when the premium gets into the mid teens - rinse and repeat. Don't worry about the "whys" since for most splits being primarily retail there is no logic or metrics to rely on.

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