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Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 T.EIT.PR.A

Alternate Symbol(s):  ENDTF | T.EIT.UN | T.EIT.PR.B

Canoe EIT Income Fund (the Fund) is a Canada-based closed-end investment trust. The investment objectives of Fund are to maximize monthly distributions relative to risk and maximize net asset value, while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt securities of corporations, partnerships, or other issuers and such other investments as the manager may determine in its sole discretion from time to time. Canoe Financial LP is the manager and portfolio manager of the Fund.


TSX:EIT.PR.A - Post by User

Comment by Ticker28on Oct 06, 2006 3:45am
387 Views
Post# 11470750

RE: Management of EIT.un

RE: Management of EIT.unBapak you are making no sence. What? the NAV should be $2.00 higher of the market value? What are you talking about? Anyway for thoese wondering why EIT has been down, it has been because of the recent weakness in the energy market. Energy got a big bounce today, most energy stocks bounced back with oil. EIT was a bit sluggish but I think it will continue to build into a rally. It just hasn't woken up to the fact yet. I don't concern my self with market price at these levels as I have bought in cheap and am not hurting holding this one, and divy makes it all the more worth holding while in market down turns. Only worry is trust payout continuation and with natural gas now in a strong rally we should hopefully have no problem in this department. Good luck longs. Ticker
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