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

Financial Services Asset Management

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

Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1

Bullboard Posts

Comment by Ticker28on Oct 23, 2007 7:06pm

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Post# 13675769

RE: Nav

"Their arguement against is that it becomes less liquid, which is nonsense. We all would gladly give up a fraction of liquidity if the product traded for what it is really worth." Your right that argument would be open to disagreement. A share buy back program of upto 10% of the outstanding units would very unlikely ever effect the liquidity of thoese aformentioned units. What would result is a reward to the unitholders NAV. Now do I really care if this ones market price closely tracks it NAV? Not as long as I'm in and the fundamentals are still solid. Unless the fundamentals change, let the distributions DRIP. Always do your own DD. Ticker

Bullboard Posts

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