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Canoe EIT Income Fund announces March 2020 distribution on the Toronto Stock Exchange: EIT-UN
CALGARY, Alberta, March 2, 2020 (GLOBE NEWSWIRE) – Canoe EIT Income Fund (the Fund) (TSX – EIT.UN) announces March distribution of $ 0.10 per unit. The distribution will be paid on April 15, 2020 to unitholders registered on March 20, 2020. The ex-distribution date of this distribution is March 19, 2020.
About Canoe EIT Income Fund
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 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 the fastest growing independent mutual fund companies in Canada, managing over $ 6 billion in assets across a diverse range of award-winning mutual funds and products deprived of energy actions. Founded in 2008, Canoe Financial is an employee-owned investment management company focused on creating financial wealth for Canadians. Canoe Financial has a significant national presence across Canada, including offices in Calgary, Toronto and Montreal.
For further information, please contact:
Investor relations
18774342796
www.canoefinancial.com
[email protected]
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The Fund makes monthly distributions of an amount composed in whole or in part of return of capital (ROC) of the net asset value per unit. An OCR reduces the amount of your initial investment and can return the total amount of your initial investment to you. ROC that is not reinvested will reduce the fund's NAV, which could reduce the fund's ability to generate future income. You should not draw conclusions about the investment performance of the Fund from the amount of this distribution. Commissions, trailing commissions, management fees and expenses can all be linked to investment funds. Please read the information posted on the Fund at www.sedar.com before investing. Investment funds are not guaranteed and past performance may not be repeated. This communication should not be interpreted as a public offer to sell or a solicitation of an offer to buy securities. Such an offer can only be made by means of a prospectus or other applicable offer document and must be read carefully before making any investment. This version is for informational purposes only. Investors should consult their investment advisor for more details and risk factors regarding specific strategies and various investment products.
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