Sandy McIntyre Spectra Energy Income Fund SP.UN-T PAST TOP PICK Jan 22, 2009

(A Top Pick Feb 28/08. Up 17.7%.) Sold just before they acquired and got 98% of the deal price. Acquired in May/08.

Sandy McIntyre

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$11.250

Stock price when the opinion was issued

oil gas

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TOP PICK

Natural gas pipelines in Western Canada. A solid name that has been overlooked by the market. Very experienced, well-run management team. Good asset growth with some small tuck-in construction. Very cheap.

TOP PICK

They are a gatherer and processor of natural gas. Has been very much oversold relative to its direct competition such as Alta Gas, Tierra, and Inter Pipeline Fund.

PAST TOP PICK

(A Top Pick Feb 26/08. Up 17.7%.) Sold his holdings before the company was acquired.

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Sandy McIntyre Spectra Energy Income Fund SP.UN-T PAST TOP PICK Jan 22, 2009

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