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Brookfield Renewable Partners L.P. (BEP.UN)
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Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
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Brookfield Corporation Class A Limited Voting Shares (BN)
Q: If you own BN is there any particular reason to also own BEP.UN and BEPC?
5i Research Answer:
If one wants direct exposure to renwables along with the diversified private equity exposure offered in BN, then it makes sense. BEP.UN is also more of an income stock with growth upside, while BN is more growth oriented. While there is some overlap, if one wants a mix of BN's diversified business and BEP.UN's concentrated renewables business, it could make sense to own both.