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 Gord_Albertaon May 02, 2020 12:51am

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Post# 30978826

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Does this fund always pay?

75% of our investments are in EIT. Dispersed through both our TFSA's; plus my RRSP with the dividends being reinvested in more shares since the money is tax-free. My wife has 5,000 shares in her investment account - I get $500 per month income to spend as I see fit. She pays the taxes... LOL

Seemyvest wrote: Do you hold this in a rrsp or tfsa? Do you hold this for monthly income? This is the highest paying dividend with a long track record that I have come across.

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