Canoe EIT Income Fund Announces 2025 Annual Voluntary Redemption Results

Core Points - Canoe EIT Income Fund announced the results of its 2025 voluntary cash redemption [1] - A total of 29,929 units were requested for redemption, which is approximately 0.02% of the current issued and outstanding units [2] - The Fund's Declaration of Trust limits annual redemptions to 10% of the issued and outstanding units [2] - Redemption proceeds will be paid on or before December 30, 2025, at a price equal to 95% of the average net asset value based on the three business days preceding the redemption date [2] - Units submitted for redemption will still be eligible for the November 2025 distribution, which will be paid in December 2025 [2] Company Overview - Canoe EIT Income Fund is one of Canada's largest closed-end investment funds, focusing on maximizing monthly distributions and capital appreciation through a diversified portfolio of high-quality securities [3] - The Fund is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer at Canoe Financial [3] - Canoe Financial, founded in 2008, manages over $21.5 billion in assets and is recognized as one of Canada's fastest-growing independent mutual fund companies [4] - The firm has a significant presence across Canada, with offices in Calgary, Toronto, and Montreal [4]