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 VerusSemperSorson Apr 13, 2015 10:49am

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Post# 23623038

RE:No warrants offering this year

Warrants can no longer be issued by these closed-end funds. But as EIT.un is issuing more shares via the DRIP, they could repurchase & cancel without contracting the share float - correct me if I'm wrong. Could anyone familiar with the DRIP give a synopsis of the 2 DRIP options available to EIT shareholders? There must be something good there if participation is really 70%. -Thanks!

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