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Canoe EIT Income Fund Announces June 2021 Distribution

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CALGARY, Alberta, June 04, 2021 (GLOBE NEWSWIRE) — Canoe EIT Revenue Fund (the “Fund”) (TSX – EIT.UN) proclaims the June 2021 distribution of $0.10 per unit. The distribution shall be paid on July 15, 2021 to unitholders of report on June 22, 2021. The ex-distribution date for this distribution is June 21, 2021.

About Canoe EIT Revenue Fund
Canoe EIT Revenue Fund is considered one of Canada’s largest closed-end funding funds, designed to maximise month-to-month distributions and capital appreciation by investing in a broadly diversified portfolio of top quality securities. The Fund is listed on the TSX underneath the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Portfolio Supervisor and Head of Equities, Canoe Monetary.

About Canoe Monetary
Canoe Monetary is considered one of Canada’s quickest rising unbiased mutual fund corporations managing over $9.8 billion in property throughout a diversified vary of award-winning funding options. Based in 2008, Canoe Monetary is an employee-owned funding administration agency centered on constructing monetary wealth for Canadians. Canoe Monetary has a big presence throughout Canada, together with places of work in Calgary, Toronto and Montreal.

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Investor Relations

Not for Distribution to U.S. Newswire Companies or for Dissemination in the US of America.

The Fund makes month-to-month distributions of an quantity comprised in complete or in a part of Return of Capital (ROC) of the web asset worth per unit. A ROC reduces the quantity of your authentic funding and will end result within the return to you of all the quantity of your authentic funding. ROC that isn’t reinvested will cut back the web asset worth of the fund, which might cut back the fund’s capability to generate future earnings. You shouldn’t draw any conclusions in regards to the Fund’s funding efficiency from the quantity of this distribution. Commissions, trailing commissions, administration charges and bills all could also be related to funding funds. Please learn the data filed in regards to the Fund on earlier than investing. Funding funds usually are not assured and previous efficiency is probably not repeated. This communication is to not be construed as a public providing to promote, or a solicitation of a suggestion to purchase securities. Such a suggestion can solely be made by means of a prospectus or different relevant providing doc and needs to be learn fastidiously earlier than making any funding. This launch is for info functions solely. Buyers ought to seek the advice of their Funding Advisor for particulars and danger components relating to particular methods and varied funding merchandise. 

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