Canoe EIT Income Fund Offers Voluntary Cash Redemption in December 2025
Canoe EIT Income Fund (EIT.UN) has announced a voluntary cash redemption for December 5, 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 estimated to be under 1%.
Unitholders must notify their investment advisor or brokerage office of their intent to redeem by November 14, 2025. Those tendering units should do so between October 3 and November 14, 2025. The redemption price will be determined and redemptions processed between December 2-5, 2025.
Registered unitholders should contact Alliance Trust Company at 1-877-537-6111 to redeem their units. Payment for redeemed units will be made on or before December 30, 2025. Non-resident unitholders may be subject to withholding tax on their redemption requests. If redemption requests exceed 10% of the aggregate outstanding units, redemptions will be processed pro-rata. The fund is actively managed by Chief Investment Officer Robert Taylor.
Canoe EIT Income Fund's redemption offers unitholders the chance to liquidate their holdings at a fair price, with direct costs expected to be minimal. Key dates and processes have been outlined to ensure a smooth redemption process.
