An anonymous trustee reports
CANOE EIT INCOME FUND ANNOUNCES 2025 ANNUAL VOLUNTARY REDEMPTION RESULTS
Canoe EIT Income Fund has released the results of the 2025 voluntary cash redemption.
Requests for redemption of 29,929 units of the fund, representing approximately 0.02 per cent of the current issued and outstanding units, have been submitted by unitholders. The fund's declaration of trust limits the annual redemption to 10 per cent of the issued and outstanding units on the final day to submit units for redemption, which was Nov. 14, 2025. Payment of the redemption proceeds will be made on or before Dec. 30, 2025, at a redemption price equal to 95 per cent of the average net asset value based on the three business days preceding the redemption date of Dec. 5, 2025, less direct costs. Units that have been submitted for redemption will remain eligible for the November, 2025, distribution, which is paid in December, 2025.
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 Toronto Stock Exchange under the symbol EIT.UN, and is actively managed by Robert Taylor, senior vice-president and chief investment officer, Canoe Financial.
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