Paramount (PMGYF) allows US investors to participate in the DRIP program. This is very helpful because: 1. You get shares at 5% discount 2. There are no transaction costs 3. Your dividends compound because next month you get dividend on the extra shares bought. 4. This boosts the valus of the shares also since more people would like to invest in that trust.
Please call Enerplus (ERF), Petrofund (PTF) and Acclaim (ACNJF) and ask that their management consider opening up the DRIP to US investors like Paramount.
Phone numbers are given below: ERF: (800) 319-6462 PTF: 866-318-1767 Acclaim: 1-877-539-6300
The more people call the better the chances of the management approving DRIP for US investors.
My broker - Fidelity - allows investors to automatically reinvest dividends of any stock, including ERF, with no commission. Have been doing it for years. Check with your broker; that option may be available to you.