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

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Comment by Stoogeon Dec 14, 2010 11:27am

736 Views

Post# 17843410

RE: Reported earnings??

From a quick scan of the sources - www.SEDAR.com, EIT's Web site

Change in NAV per unit in 2008 was minus $6.02 - that was the year of the crash.

Change in NAV per unit in 2009 was plus $4.64

Year to date change in NAV per unit is plus $1.98

To my mind change in NAV is profit or loss.

Bullboard Posts

Corus reports Q1 profit drop in the face of falling revenue