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E Split Corp T.ENS

Alternate Symbol(s):  ENSPF | 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

Comment by cttglvron Dec 06, 2023 6:49pm
84 Views
Post# 35772012

RE:I hope this board responds

RE:I hope this board respondsI have high respect for you Obscure1 and also Experienced and the knowledge shared with the rest of us common folk :)

I took an initial position in CPX after reading a post from Experienced and doing a little homework on my own. It has turned out well so far.

While I hold stocks and some arguably riskier ones like ENS I'm in Experienced camp with regard to a likely stock market dump in the not too distant future if it becomes clear a recession is here. As such I'm 50% in prime linked GIC's that are cashable at a moments notice and will step back in with staggered purchases especially financials.

Thanks to both of you for sharing your vast knowledge.


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