Canoe EIT Income Fund’s Monthly Distribution Announcement
In a recent announcement, Canoe EIT Income Fund revealed its January 2025 monthly distribution of $0.10 per unit. This distribution is scheduled to be paid on February 14, 2025, to unitholders of record as of January 22, 2025. The fund, listed on the TSX under the symbol EIT.UN, continues to prioritize providing consistent returns to its investors.
About Canoe EIT Income Fund
Canoe EIT Income Fund stands out as one of Canada’s largest closed-end investment funds, with a primary focus on maximizing monthly distributions and capital appreciation. By strategically investing in a diversified portfolio comprising high-quality securities, the fund aims to deliver sustainable growth and value to its stakeholders.
Managed by Industry Experts
The fund is actively managed by Robert Taylor, who serves as the Senior Vice President and Chief Investment Officer at Canoe Financial. With his wealth of experience and expertise in financial management, Taylor plays a crucial role in steering the fund towards achieving its investment objectives effectively.
Overview of Canoe Financial
Canoe Financial emerges as one of Canada’s fastest-growing independent mutual fund companies, overseeing assets exceeding $19.0 billion across a wide array of acclaimed investment solutions. Established in 2008, this employee-owned firm is dedicated to enhancing financial prosperity for Canadians through innovative investment strategies tailored to meet diverse needs.
Investor Relations Information
For further details or inquiries regarding Canoe EIT Income Fund and its offerings, interested parties can reach out to Investor Relations at 1-877-434-2796 or visit www.canoefinancial.com. Alternatively, queries can be directed via email at [email protected] for prompt assistance.
Risk Factors and Considerations
It is
important
for investors to note that while the fund distributes monthly amounts that may include Return of Capital (ROC) components from the net asset value per unit, caution should be exercised regarding potential implications. ROC has the potential to impact original investments and alter future income generation capabilities based on reinvestment decisions made by investors.
Disclaimer Regarding Investment Funds
Prospective investors are advised that various fees such as commissions, trailing commissions, management fees, and expenses are typically associated with investment funds like Canoe EIT Income Fund. Prior to making any investment commitments, individuals are encouraged to review pertinent information available on www.sedar.com about the fund’s performance history and associated risks.
This comprehensive communication does not constitute a public offering or solicitation for securities transactions without due consideration given to relevant prospectuses or offering documents. Investors contemplating investments should consult their designated Investment Advisor for detailed insights into specific strategies along with an assessment of inherent risk factors associated with various investment products.
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