Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 ENDTF

Primary Symbol: T.EIT.PR.A Alternate Symbol(s): 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 > Admit my mistakes

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Comment by 1condoron Mar 23, 2023 6:30pm

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Post# 35357524

RE:Admit my mistakes

I was going to add a few days ago...but held off as this bugger just keeps on falling (even on good market days)..the manager of the fund has obviously done a mistep and weighted the ETF holdings in the wrong sectors of the market. I do expect this to gradually turn around however I have decided not to add to my position until it dips below12 bucks.

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