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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Comment by TheeRookon Oct 08, 2021 5:34pm

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Post# 33990654

RE:RE:RE:RE:RE:This is a mutual fund!

15 years ago EIT.un high was $21.99

Problem with commodity stocks they have to keep finding new reserves.

Gord_Alberta wrote:
Good for you; you found your comfort zone. I am happy collecting a 10% dividend with this company. And I am 65 years old... ;-)

I would have been better off 15 years ago finding this 10% dividend stock "reinvested" instead of following the "hot stock". Each to their own...

EdPaquettef you went a year without any dividends, that's on you. I went a couple of months in spring 2020, then regrouped. When people ask me about investments, and have no money I tell them to buy mutual funds. So mutual funds are for beginners.[/quote wrote: