Canoe EIT Income Fund Announces May 2020 Distribution
May 05 2020 - 3:16PM
Canoe EIT Income Fund (the “Fund”) (TSX - EIT.UN)
announces the May 2020 distribution of $0.10 per unit. The
distribution will be paid on June 15, 2020 to unitholders of record
on May 22, 2020. The ex-distribution date for this
distribution is May 21, 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
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 $5.9 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
Not for Distribution to U.S. Newswire
Services or for Dissemination in the United States of
America.
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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