RE:RE:RE:WOW 9.1% yeildSadie don't pay any attention to the soft bashers this is the most well run fund out there.I recieve $.10 per month per share and have done for 10 years. I will post part of the news clip for you they are replacing an existing fund arangment because it has expired.
CALGARY, Alberta, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Canoe EIT Income Fund (the “Fund”) (TSX: EIT.UN) (TSX: EIT.PR.A) (TSX: EIT.PR.B) is pleased to announce that it is renewing its at-the-market equity program (the “ATM Program”) that will allow the Fund to issue up to $625,000,000 of units of the Fund (the “Units”) to the public from time to time, at the discretion of Canoe Financial LP (the “Manager”). Any ATM Program Units issued will be sold at the prevailing market price at the time of sale through the Toronto Stock Exchange (the “TSX”) or any other marketplace in Canada on which the Units are listed, quoted or otherwise traded. This ATM Program replaces the prior program established in December 2021 that has terminated.
The volume and timing of distributions under the ATM Program, if any, will be determined at the Manager’s sole discretion. The ATM Program will be effective until January 7, 2025 unless terminated prior to such date by the Fund. The Fund intends to use the proceeds from the ATM Program in accordance with the Fund’s investment objectives and strategies, subject to the Fund’s investment restrictions.
The Fund’s regular monthly distribution of $0.10 per Unit remains unchanged.