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Energy Income Fund T.ENI.UN

Energy Income Fund (the Fund) is a Canada-based closed-end investment trust. The Fund's investment objectives are to provide its unitholders with a stable stream of monthly distributions and to preserve and potentially enhance the net asset value of the Fund. The Fund is permitted to invest in any publicly listed security in the United States without sector-specific restrictions. The Fund may invest in portfolio securities in other geographies, focusing on permissible asset classes that include oil and gas securities, energy securities, other resource securities, as well as cash and short-term investments. Its investment strategy specifically targets companies on the verge of profitability, which have historically experienced substantial operating losses. It adheres to a stringent investment discipline, methodically reducing its holdings in assets as they surpass its established valuation thresholds. Artemis Investment Management Limited is the investment fund manager of the Fund.


TSX:ENI.UN - Post by User

Bullboard Posts
Comment by spazzmanon Feb 10, 2012 2:47pm
302 Views
Post# 19517527

RE: RE: Bought today

RE: RE: Bought today

Thank you Intellectual for providing a clear detailed answer to my question.

I plan to hold for the long term as energy demands out of China and the US will ultimately drive ENI.un portfolio even higher.    These warrants expire on March 1/2012 so I am betting that this whole mess will be behind us by then.  May pick up more shares on dips.  

?spaz*man

Bullboard Posts