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 > EIT.un position in precious metals and commodities

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Post by mousermanon Jul 11, 2024 6:38pm

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EIT.un position in precious metals and commodities

Today gold threatening a new high again in USD, which is likely to head lower in the interest rate cut scenerio... and EIT.un top 20 looked very deep green today. I had bought some last week as i want to diversify away from banks , etc.. in the other split funds. It has a 10 cent payout , which makes the yield today 8.6%, lower than some of the preferreds i own, but they have no capital gain potential. I am hoping today is just the beginning for a good run up. Good luck longs..

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Advancing flagship Ishkõday Gold Project in Ontario