Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

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

Comment by Satman3on Nov 10, 2019 1:26pm
139 Views
Post# 30333004

RE:Jen9

RE:Jen9thx for your input trevor.

i like the dividend and consistency for eit myself but was wondering your view on a couple details as mentioned by jen.

-EIT's"return on capital" is quite high, are u investing in this stock in a non-registered account? basically you getting most of your own money back.  My thinking here is if ROC continues to go up the share price chips lower over time.  

-EIT's low over the last 3 yrs was $9.50 (dec 2018) and as high as $11.50.  as an investor, do u sleep at night with this level of volatility?  i'm thinking the volatility should be lower given the billion dollar size? 
-how has the MER been in terms of the fees for this fund?  and where does it rank with comparables etfs or funds? just wanted your 2 cents.

appreciate anybody's response on these 2 pts above or if they looked at these concerns yet?
satman


Bullboard Posts