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

Post by teeveeon Jan 17, 2015 11:11pm

211 Views

Post# 23332262

why is market chasing EIT.UN?

EIT usually trades at a 15% disount to NAV. Based on Friday's NAV of $13.60, stock should trade around $11.56 which is about $.60 below current market!!!! I believe share price will get there or lower after 3 days post ex-dividend which sets forward month drip price. Also, financials on both sides of the border are weakening and EIT is loaded with them.....

Bullboard Posts

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide