Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 T.EIT.PR.A

Alternate Symbol(s): T.EIT.PR.B | ENDTF | T.EIT.UN

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 > Investments Similar to EIT

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Comment by flamingogoldon Apr 29, 2021 11:20am

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Post# 33091000

RE:Investments Similar to EIT

I like EIT as it is a steady payer but in my case I hold inside a TFSA since much of it is ROC which, depending on your tax needs, may or may not be fine. If held inside a TFSA the ROC is irrelevant for tax purposes.

DFN had a few dividend misses last year but historcially has been a steady payer. The dividends are higher than EIT at 15%. Most of that return (94%) are considered eligible dividends and the rest capital gains. DFN is 0% ROC.

https://03fd212c-7b45-4409-b290-698c20089de1.filesusr.com/ugd/78f11d_639957c9c24f48e29fba3504f984aab8.pdf

KnaveofDiamonds wrote: Does anyone on this board know of similar investments to eit that pay a good dividends. I am a large shareholder in this company and would like to diversify a little bit more. This has been one of the best investments to date and I am very pleased with this company. Been holding since the days of enervest.

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