Kalgary, Alberta, October 3, 2025 (Globe Newswire) – CANOE EIT (Canoe or Fund ”income Fund (TSX – Eit.un) today announced the voluntary redemption of funds in 2025.
Voluntary annual money ransom
The date of ransom for the annual voluntary redemption of funds of the fund will be held on December 5, 2025. The tortoists have the right to redeem the units of the fund at a price of 95% of the average clean asset value (NAV) from three trading days preceding on December 5, 2025, the discharge date, and fewer direct costs. It is expected that direct costs will be less than 1%. If all requests for redemptions exceed 10% of the total outstanding units of the fund on November 14, 2025, on the last day for submitting units for ransom, the fund will process repayment for this maximum on the basis of a proportional basis based on the total number of the presented units. Payment for the units that were proposed and accepted for the ransom will be made on December 30, 2025 or earlier.
Unitholders who want to redeem their units must provide a notification of their intention to do this with their investment consultant or brokerage office no later than November 14, 2025. Please note that investment companies can impose an earlier deadline to facilitate processing requests for a ransom. Unitholders is strongly recommended to contact your investment consultant or brokerage office directly to confirm their internal terms. Registered by Unitholders (those who have a certificate of physical action in their own name) should contact the Fund's transfer agent, Alliance Trust Company, by phone 1-877-537-6111, to redeem their divisions. The units that were presented for ransom will remain the right to distribute in October 2025 and November 2025, which are paid in November 2025 and December 2025, respectively.
Please note that any ransom requests presented by Unitholders non -residents may be taxed.
Key dates
| October 3 – November 14, 2025 | Unitholders can be delicate units for ransom |
| December 2,3,4, 2025 | The price of ransom, determined on the basis of the average NAV of these trade days |
| December 5, 2025 | Date of ransom |
| December 30, 2025 | Payment of repurchases on this date or before that |
About Canoe EIT Fund for income
The Canoe EIT income fund is one of the largest closed investment funds in Canada, designed to maximize monthly distributions and increase capital by investing in a widely diversified portfolio of high -quality securities. The fund is transferred to the TSX under the symbol of Eit.un, and is actively controlled by Robert Taylor, the senior vice president and the director of investment Canoe Financial.
About canoeing financial
Canoe Financial is one of the fastest growing independent companies in Canada, which control assets of more than $ 20 billion. The United States in the variety noted by the awards of investment decisions. Founded in 2008, Canoe Financial is a ownership of an investment management company focused on creating financial wealth for Canadians. Canoe Financial has a significant presence throughout Canada, including offices in Kalgary, Toronto and Montreal.
Contact
Relations of investors
1–877–434–2796
[email protected]
Not for distribution in American news services or to distribute in the United States of America.
The fund makes the monthly distributions of the amount consisting in general or in terms of the return of capital (ROC) of the net value of assets per unit. ROC reduces the volume of your initial investments and can lead to a return to you the entire amount of your initial investments. ROC, which is not reinvest, will reduce the net value of the fund, which can reduce the ability of the fund to bring future income. You should not draw any conclusions about the investment indicators of the fund from the amount of this distribution. Commissions, patient commissions, management fees and expenses can be associated with investment funds. Please read the information about the fund on www.sedar.com before investing. Investment funds are not guaranteed, and past results cannot be repeated. This message should not be interpreted as a public offer for sale or offer to buy securities. Such a proposal can only be made through a prospectus or other applicable document with a proposal, and it should be carefully read before making any investments. This release is intended only for information purposes. Investors must contact their investment consultant to obtain detailed information and risk factors regarding specific strategies and various investment products.
