Canoe EIT Income Fund Announces Final 2021 Special Distribution
January 10 2022 - 5:38PM
Canoe EIT Income Fund (“
Canoe” or the
“
Fund”) (TSX - EIT.UN) announces the final 2021
special distribution for units of the Fund
(“
Units”).
Based on information prepared as of December 31,
2021, unitholders of the Fund will receive a special distribution
(the “Special Distribution”) of $0.44 per
Unit.
The Special Distribution will be settled on
January 13, 2022, to unitholders of record as of December 31,
2021.
The Special Distribution will be paid via
issuance of the same class of units of the Fund, and immediately
thereafter, issued and outstanding units of the Fund will be
consolidated such that the number of issued and outstanding units
of the Fund does not change.
About Canoe EIT Income Fund
Canoe EIT Income Fund is one 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 symbols EIT.UN, EIT.PR.A and EIT.PR.B,
and is actively managed by Robert Taylor, Senior Vice President and
Chief Investment Officer, Canoe Financial.
About Canoe Financial
Canoe Financial is one of Canada’s fastest
growing independent mutual fund companies managing over $11.5
billion in assets across a diversified range of award-winning
investment solutions. Founded in 2008, Canoe Financial is an
employee-owned investment management firm focused on building
financial wealth for Canadians. Canoe Financial has a significant
presence across Canada, including offices in Calgary, Toronto and
Montreal.
For further information, please contact:
Investor RelationsCanoe Financial
1–877–434–2796www.canoefinancial.cominfo@canoefinancial.com
Not for Distribution to U.S. Newswire Services or for
Dissemination in the U.S
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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