TSX:EIT.UN (Canoe Eit Income Fund)

About EIT.UN

The investment objectives of the Fund are to maximize monthly distributions relative to risk and maximize Net Asset Value, while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt securities of corporations, partnerships, or other issuers and such other investments as the Manager may determine in its sole discretion from time to time. The investment objectives set forth above may be achieved through direct acquisitions, investments or, at the election of the Manager, through exchange offers completed by the Fund from time to time. The net asset value of the Fund (the Net Asset Value) is determined by subtracting the aggregate amount of theliabilities of the Fund from the aggregate value of the assets of the Fund (the Total Assets), as determined inaccordance with the terms of the Declaration of Trust.
  • Canoe Eit Income Fund (TSX: EIT.UN) Latest News

    Hiker with backpack hiking on the top of a mountain
    Investing

    How to Use a TFSA to Bring in $1,000 a Month Completely Tax-Free

    This TSX fund pays a fixed $0.10 per share monthly distribution, which makes passive income planning easy.

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    Happy golf player walks the course
    Investing

    How to Structure a $50,000 TFSA for Practically Constant Income

    This TSX fund pays a $0.1 per share monthly distribution, which makes passive income planning extremely easy.

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    Dividend Stocks

    Turn Dividends Into Paydays: 2 Top TSX Stocks for Reliable Monthly Income

    Monthly dividends can turn a portfolio into something that feels like a paycheque, and these two TSX income picks aim…

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    TFSA (Tax free savings account) acronym on wooden cubes on the background of stacks of coins
    Dividend Stocks

    How to Use a TFSA to Bring In $500 a Month Completely Tax-Free

    If you have a sizable TFSA balance, this TSX monthly income fund could put it to work.

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    Hiker with backpack hiking on the top of a mountain
    Investing

    Use a TFSA to Earn $1,000 a Month With No Tax

    Owning EIT.UN in a large TFSA can unlock a decent tax-free monthly income stream.

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    Retirees sip their morning coffee outside.
    Retirement

    Retirement Planning: How to Generate $2,000 in Monthly Income

    This TSX monthly income fund could be a great core holding for retirement accounts.

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    ETF is short for exchange traded fund, a popular investment choice for Canadians
    Investing

    How to Use a TFSA to Generate $363 in Monthly Tax-Free Income

    Passive income planning in a TFSA is easy thanks to this fund's fixed $0.10 per share monthly payout.

    Read more »

    Concept of multiple streams of income
    Dividend Stocks

    A TFSA Pick Yielding 7% With Dependable Cash Payments

    This TSX income fund's monthly $0.10-per-share distribution is like clockwork.

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    The TFSA is a powerful savings vehicle for Canadians who are saving for retirement.
    Investing

    Use a TFSA to Make $500 in Monthly Tax-Free Income

    Wringing your hands over the passive income math? This TSX monthly income fund makes planning much easier.

    Read more »

    Blocks conceptualizing Canada's Tax Free Savings Account
    Investing

    How to Turn $25,000 in TFSA Savings Into a Steady Stream of Cash

    This TSX income fund pays a fixed $0.10 per share monthly distribution.

    Read more »

    senior relaxes in hammock with e-book
    Dividend Stocks

    A 7% Dividend Stock Ideal for Passive Income Seekers

    Canoe EIT Income Fund offers a 7%-plus yield and monthly payouts by spreading income across a diversified portfolio.

    Read more »

    Blocks conceptualizing Canada's Tax Free Savings Account
    Investing

    How to Structure a TFSA to Bring In $500 a Month — Completely Tax-Free

    This TSX income fund's fixed $0.1 per share monthly payout makes calculations a breeze.

    Read more »