Guinness Global Energy Fund / Guinness Asset Management Limited on Enbridge Inc.
Thesis
Enbridge is one of the fund's four North American midstream holdings. Guinness expects hydrocarbon demand in the US and Canada to grow over the next five years, with natural gas especially important. Against that backdrop, the managers believe Enbridge is well placed to execute pipeline and energy-infrastructure expansion plans.
“we believe each company is well placed to execute its pipeline and energy infrastructure expansion plans.”