PURPOSE ENBRIDGE YIELD SHARES ETF (ENBY)

PURPOSE ENBRIDGE YIELD SHARES ETF (ENBY $10.00)
- $10.00 P/E (TTM): 24.79X
- View ENBY Profile
- View Questions on ENBY

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PURPOSE ENBRIDGE YIELD SHARES ETF (ENBY $10.00)
- $10.00 P/E (TTM): 24.79X
- View ENBY Profile
- View Questions on ENBY

Q: This ETF started trading last August along with a number of others launched at the same time by Purpose Investments Inc. It is specific re: Enbridge and attempts to gain a higher yield it seems. Could you please explain how this ETF works, what the target yield is for it, where it might best fit account wise, and whether you feel that it is a safe longer term investment. Thank you for the great advice.

Read Answer Asked by Will on April 16, 2026