Canoe EIT Income Fund Offers 2025 Redemption Option
Canoe EIT Income Fund (TSX - EIT.UN) has announced a voluntary cash redemption for 2025. Unitholders must notify their investment advisor or brokerage office of their intent to redeem by November 14, 2025.
Units submitted for redemption remain eligible for October and November 2025 distributions. The redemption date is December 5, 2025, with payment for redeemed units made on or before December 30, 2025. Unitholders can redeem units at 95% of the Average Net Asset Value (NAV) of the three trading days preceding the redemption date, less direct costs. Registered unitholders should contact Alliance Trust Company at 1-877-537-6111 to redeem their units. Redemption requests exceeding 10% of the aggregate outstanding units may be processed pro-rata. The Senior Vice President and Chief Investment Officer who actively manages the fund is Robert Taylor. Non-resident unitholders may be subject to withholding tax.
Canoe EIT Income Fund, one of Canada's largest closed-end investment funds, offers a 2025 redemption option. Unitholders should act by November 14, 2025, to redeem their units at a fair price, with distributions and payment dates clearly outlined.
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