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 > This is a mutual fund!

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Post by Gord_Albertaon Aug 18, 2021 3:31am

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Post# 33722079

This is a mutual fund!

Seriously; look at EIT's holdings. Diversified across the U.S. & Canada; sectors that will withstand a market correction. While paying $0.10 per share per month.

Since I am in the dividend reinvestment concept, last years prices after the drop was a good thing. This year at over $12 a share, not so much... Yet in the long term view if things, I am very comfortable holding my shares.

Seriously - look at any mutual fund with diversified Narth Americsn funds. EIT is holding up quite well; so I am not selling...

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