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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

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

Comment by wolverine99on Dec 23, 2024 12:27pm
65 Views
Post# 36375228

RE:is a non-cash distribution good or bad for the share holder

RE:is a non-cash distribution good or bad for the share holderNo experience with this, I am a holder in my RRSP. It says the Adjusted Cost Base of your holdings will increase so to me that would indicate if you sell out in a non Registered Account your Capital Gain should be less. Not sure of the tax implications of that adjustment.
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