E Split Corp ENSPF

Primary Symbol: T.ENS Alternate Symbol(s): T.ENS.PR.A

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 > ENS trading at a $0.08 Premium to its Real Time NAV

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Comment by TakingStockon Apr 08, 2022 1:25pm

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Post# 34588461

RE:ENS trading at a $0.08 Premium to its Real Time NAV

The mistake you made in your analysis (as we see know with 20/20 hindsight) is that you didn't consider the effect the Ukaine situation would have on the price of oil. When the rice of oil shoots up, as if did, then pipeline and oil stocks also shoot up.

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