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Global X Can Oil and Gas Equity Covered Call ETF T.ENCC



TSX:ENCC - Post by User

Post by NobleHouseon Feb 27, 2024 3:49pm
221 Views
Post# 35902269

ENCC and ENCL

ENCC and ENCLThere is no doubt in my mind that ENCC is an excellent ETF  for us Energy fans. Not a diss but a couple of observations , if you subscribe to this sector then you have to love the newbie ENCL , leveraged and about. 4% extra dividend. What's not to like right now considering the geopolitical stupidity going on.My only suggestion and just a suggestion is the weighting , approximately 40% Oil  ,20% Gas  and 40% Pipes. Personally l would like to see a couple of additions to the Oil sector , as l believe it is under weighted in the scheme of things. My first suggestions WCP , a great company and dividend , l realize this is a midcap  and if any other viewers have suggestions for other iniatives or comments then they are more than welcome.I sold all my ENCC and individual O and G stocks to invest in ENCL and as my ACB is $18.34 including the upcoming dividend then what's to like in only 2 months.Cheers to All.
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