Core Viewpoint - Canoe EIT Income Fund is issuing 12 million cumulative redeemable Series 3 Preferred Units at a price of C$25.00 each, aiming for gross proceeds of C$300 million through a private placement [2][4]. Group 1: Offering Details - The Series 3 Preferred Units will provide fixed cumulative preferential cash distributions of C$1.25 per unit annually, payable quarterly [3]. - The units will be retractable for cash at C$25.00 per unit starting February 3, 2031, and redeemable for C$25.50 per unit from February 4, 2030, to February 3, 2031 [3]. - The offering is expected to close around February 2, 2026, pending necessary regulatory approvals [4]. Group 2: Fund 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 [6]. - The fund is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer at Canoe Financial [6]. - Canoe Financial manages over C$23 billion in assets and is recognized for its diverse range of investment solutions [7].