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 > How to calculate the premium or discount on ENS or any Split

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Comment by Obscure1on Dec 21, 2023 11:09am

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Post# 35795739

RE:RE:RE:RE:RE:RE:RE:RE:How to calculate the premium or discount on ENS or any Split

Congrats marcrobert on the life changing investment.

Many investors shy away from the Splits because the leverage can really work against you when things turn ugly. However, buying Splits when things are ugly can set investors up for life. As marcrobert astutely pointed out, buying Splits that have blue chip underlying securities is the key to deciding 'which ones do you buy"

These are not the "ugly" days, but if you can tuck away this one nugget for the future, you can take advantage of the next time the market looks like it is going to ruin everybody.

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