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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

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
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Comment by Yachtieon Feb 12, 2002 12:48pm
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Post# 4764328

RE: Why the extreme drop??

RE: Why the extreme drop??iluvnascar, I agree that the units should settle at around 6.50 after the rights have been converted,however the rights offering should make the NAV around 6.62 therefore a price of 6.00 would be a full 10per cent discount and I don't see that happening. Yachtie.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities