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.

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Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1

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Comment by OptsyEagleon Mar 25, 2008 10:22am

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Post# 14767872

I Hope EIT Mgmt Looks At This:

https://biz.yahoo.com/ccn/080325/200803250450386001.html?.v=1 First Asset's PowerGen Fund is a closed end fund that pretty much invests in power generating assets. It has always traded at a large discount to NAV of about -18%. Today First Asset announced that it is going to ask shareholders to approve a new annual redemption feature so that once a year the shareholders could redeem their shares at NAV minus 3%. Now that is what we call working in the interest of shareholders. Thank you First Asset.

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