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 > special distribution question?

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Comment by Cheadle12on Jan 15, 2022 1:46am

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Post# 34319839

RE:RE:special distribution question?

What does this even mean?

I hold some of these units..expected to see a .44c special distribution, as promised by them on Jan 13th.. nothing.. just ther regular monthly.

What's the deal with these clowns? they said they'd pay .44c for every unit... now they say there is no cash paid out nor increase in your units?

EdPaquette wrote: Most useless dividend i ever heard of. Load of b.s.

greenland wrote: I emailed the company and that was the response!

Thank you for your email.

The special distribution is paid as a notional distribution. You will not see an increase in your units or cash. You will see an increase in the average cost of your units once your broker processes the information and the distribution. This may take a few weeks before you will see the increase.

Regards