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 > Fingers crossed

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Comment by Gord_Albertaon Aug 09, 2021 4:19am

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Post# 33670609

RE:Fingers crossed

The monthly dividends is the only reason to buy this stock. Not flashy; no share price growth - just regular income. And if the market tanks (as it did 18 months ago), do not panic - just sit back & relax as the DRIP buys inexpensive shares.

Pcaboom wrote: I bought in the other day at $12 for my first time. This looks like a good one to have and I hope it turns out well. It pays a good Div!

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