03:13:27 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Energy Income Fund
Symbol ENI
Shares Issued 2,876,555
Close 2022-09-29 C$ 1.44
Market Cap C$ 4,142,239
Recent Sedar Documents

Energy Income holders may redeem up to 287,182 units

2022-10-03 17:12 ET - News Release

An anonymous director reports

ENERGY INCOME FUND ANNOUNCES ANNUAL REDEMPTION OF UP TO 287,182 UNITS

Energy Income Fund unitholders will have the opportunity to redeem up to 287,182 units of the fund.

The annual redemption date has been set for Nov. 29, 2022. Units will be redeemed for an amount per unit equal to the net asset value less redemption costs (as contemplated in the fund's declaration of trust, which is available on the fund's SEDAR profile). If requests for redemptions exceed 287,182 units, units will be redeemed on a pro rata basis.

To redeem their units, holders must deliver a redemption notice to their broker sufficiently in advance to ensure that such notice is then delivered to the fund's transfer agent by no later than 5 p.m. Toronto time on Nov. 1, 2022. Unitholders wishing to participate in the redemption should contact their brokers if they have any questions about how to provide a redemption notice.

Units tendered for this redemption will be entitled to receive the October, 2022, distribution, which, as previously announced, will be paid on Nov. 15, 2022.

On or about Dec. 7, 2022, the fund will announce the annual redemption price, and the fund expects to pay the redemption proceeds to redeeming unitholders on or before Dec. 20, 2022.

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