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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (29168)6/6/2008 3:20:57 PM
From: Paul Senior  Read Replies (1) of 78661
 
I'll take more shares of Enervest Diversified Income Trust at current price.

enervest.com

As mentioned previously, dividend is .07 Canadian per month (less 15% Canadian tax witholding). That's about a 12% yield on EVDVF.pk.

I like Enervest's diversification and emphasis on Canadian oil/gas/infrastructure. Some companies held are in oil sands or other "hot" areas. EVDVF also holds companies I'm not familiar with supplying pipelines/storage to some of these areas, e.g. Keyera Facilities (no. 2 holding). Of course with Enervest's diversity, I'm going to get stocks in there that are not so attractive to me too.

Anyway, imo, seems like an okay way to play energy in a "mom" account. (Person managing the account would have to be aware of changing of the trust tax in couple of years. Otherwise, could be a buy-and-forget stock (fund) --- if such a thing were even possible.
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