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 BuenaSuertaAtodon Aug 05, 2014 2:14pm

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Post# 22810704

RE:RE:12.44 close .

teevee, if you're looking for a buying opportunity with EIT.UN, I would not wait for anything close to $11. If the market came off another 10%, and the EIT.UN NAV along with it, the NAV would still be well over $13. With voluntary redemption time approaching, I don't see the SP going to $11. Not with a NAV well over $13. IMO, it would be a bizarre aberration if the SP went as low as $12 in response to a 10% dip in NAV under current circumstances. - GLTA

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