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  5. BEP.UN: What are your thoughts on owning this etf which would provide exposure to a number of renewables versus owning one, say BEP. [Brookfield Renewable Partners L.P.]
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Q: What are your thoughts on owning this etf which would provide exposure to a number of renewables versus owning one, say BEP.UN.

Thank you

David
Asked by david on August 01, 2024
5i Research Answer:

The MINF ETF has a nice balance of names between the US and Canada. It pays a monthly distribution with a yield of 5.3%, but it's AUM is quite small at $26M, causing it to trade thinly. We think the ETF will do fine over the years, but we would prefer a single utility name or a basket of names as opposed to owning MINF. We like BEP.UN, NEE, and TPZ.

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