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.

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E Split Corp > I hope this board responds

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Comment by Experiencedon Dec 06, 2023 9:41pm

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RE:RE:I hope this board responds

Thanks for your kind words cttglvr....

One of the things about financials which IMO is not thought or talked about is the impact of AI on the banking sector. In my crystal ball I see tremendous productivity gains coming to this sector through the use of AI. If I am right about this, then we see above growth in earnings and dividend growth which to me is not currently reflected in the price.

While I still hold underweight positions in the banking sector due to my current asset allocation, I see the potential for outsized gains in this sector. Once the recession I envision is finished, it will one of the sectors that I will be considering as an overweight position at that time.

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