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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 Yachtieon Oct 09, 2007 11:33am
321 Views
Post# 13540845

RE: buybacks

RE: buybacksStooge...... "Issuer Bid: The manager sells to us units of trusts and buys from us units of EIT.UN. Seems to me one action counters the other." This is not quite correct. The units that EIT is purchasing from us are for CANCELLATION. This is a good thing. Yachtie.
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