Canoe EIT Income Fund Announces Quarterly Distribution on Preferred Units
10 November 2020 - 8:15AM
Canoe EIT Income Fund
(“Canoe”
or the “Fund”)(TSX
– EIT.UN,
EIT.PR.A,
EIT.PR.B) announces quarterly
distribution on preferred units.
Cumulative Redeemable Series 1 and Series 2
Preferred Unit holders will receive a distribution of $0.30 per
unit. The distribution will be paid on December 15, 2020 to
unitholders of record on November 20, 2020. The ex-distribution
date for this distribution is November 19, 2020.
About Canoe EIT Income
FundOne of Canada’s largest closed-end investment funds,
designed to maximize monthly distributions and capital appreciation
by investing in a broadly diversified portfolio of high quality
securities. The Fund is listed on the TSX under the symbol EIT.UN,
EIT.PR.A and EIT.PR.B; and is actively managed by Robert Taylor,
Senior Vice President and Portfolio Manager of Canoe Financial.
About Canoe Financial Canoe
Financial is one of Canada’s fastest growing independent mutual
fund companies managing over $7.7 billion in assets across a
diversified range of award-winning mutual funds and private energy
equity products. Founded in 2008, Canoe Financial is an
employee-owned investment management firm focused on building
financial wealth for Canadians. Canoe Financial has significant
national presence across Canada, including offices in Calgary,
Toronto and Montreal.
For further information, please
contact:Investor
Relations1–877–434–2796www.canoefinancial.com info@canoefinancial.com
The Fund makes monthly distributions of an
amount comprised in whole or in part of Return of Capital (ROC) of
the net asset value per unit. A ROC reduces the amount of your
original investment and may result in the return to you of the
entire amount of your original investment. ROC that is not
reinvested will reduce the net asset value of the fund, which could
reduce the fund’s ability to generate future income. You should not
draw any conclusions about the fund’s investment performance from
the amount of this distribution.
Commissions, trailing commissions, management
fees and expenses all may be associated with investment funds.
Please read the information filed about the fund on
www.sedar.com before investing. Investment funds are not
guaranteed and past performance may not be repeated.
This communication is not to be construed as a
public offering to sell, or a solicitation of an offer to buy
securities. Such an offer can only be made by way of a prospectus
or other applicable offering document and should be read carefully
before making any investment. This release is for information
purposes only. Investors should consult their Investment Advisor
for details and risk factors regarding specific strategies and
various investment products.
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