Bullboard - Stock Discussion Forum Alaris Equity Partners Income 6 25 Senior Unsecured Debentures T.AD.DB.A

Alternate Symbol(s): T.AD.UN | ADLRF

Alaris Equity Partners Income Trust (the Trust) is a Canada-based trust. The Trust’s operations consist of investments in private operating entities, typically in the form of preferred or common limited partnership interests, preferred or common interest in limited liability corporations in the United States, and loans receivable. The Trust’s Canadian investments are made through a wholly owned... see more

Add To Watchlist

TSX:AD.DB.A - Post Discussion

Alaris Equity Partners Income 6 25 Senior Unsecured Debentures > Comparison

View:

Post by retiredcf on Jul 14, 2024 10:54am

Comparison

Could you outline the differences and similarities between GSY and AD.UN? Would owning both overlap in any way? Would you recommend owning both for an income generating portfolio?

These are entirely different investments. AD.UN are trust unit shares so it passes on income directly to shareholders and will pay out a high amount of cash flows. AD.UN is a PE firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, and mature investments. It offers royalty capital directly to private companies in exchange for a high rate of return and some equity incentives. GSY is in the consumer finance space offering non-prime leasing and lending services directly to the consumer. We do not see any overlap between the two. We think GSY offers nice growth potential while is also supported through a 2.6% yield providing income as well. We are fine owning both in an income portfolio. (5iResearch)

281