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Economic Investment Trust Ltd ECVTF


Primary Symbol: T.EVT

Economic Investment Trust Limited is a closed-end investment company. The Company is an investment vehicle for long-term growth through investment in common equities. The Company’s investment objective is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. The investment portfolio of the Company comprises a mix of Canadian and foreign investments. The Company invests in interest-bearing short-term securities pending the selection of suitable equity investments. The Company owns, directly and indirectly, long-term investments in the common shares of some publicly traded Canadian companies, and a managed global investment portfolio of common shares of publicly traded global companies. Its long-term investments consist primarily of the publicly traded common shares of E-L Financial Corporation Limited, Algoma Central Corporation, and The Bank of Nova Scotia. Its investment manager is Neuberger Berman Canada ULC.


TSX:EVT - Post by User

Comment by Paddy902on Mar 15, 2021 8:00am
251 Views
Post# 32796921

RE:Patience Patience

RE:Patience PatienceHave been reviewing this as an investment, and probably tend to review it and UNC every decade, always trying to make sense of the discount and when that might tighten. I think the only end game is a takeover, which when announced results in a nice pop. But I have to say, the compounding of the stand alone entity is not that impressive....ie I might be better to hold CVG for ten years, if that's how long it takes for this to be taken over....not sure if anyone out there still in this.
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