From Financialpost · · 1m 10s
Canoe EIT Fund Offers 2026 Cash Redemption
Canoe EIT Income Fund opens 2026 voluntary cash redemption for unitholders.
In brief
Canoe EIT Income Fund opens 2026 voluntary cash redemption for unitholders. Canoe EIT Income Fund allows unitholders to redeem units at 95% of NAV by December 4, 2026, with payments due by December 29, 2026. Originally reported by Financialpost.
Canoe EIT Income Fund Announces 2026 Redemption
Canoe EIT Income Fund (TSX, EIT.UN) announced 2026 voluntary cash redemption for unitholders.
Redemption Date and Price
Redemption date is December 4, 2026, with units redeemable at 95% of average net asset value of prior three trading days.
Redemption Process Details
Unitholders must submit redemption requests by November 13, 2026, with payment due by December 29, 2026.
Redemption Pricing and Costs
Redemption price is 95% of average net asset value less direct costs expected to be less than 1% of the redemption value.
Pro-Rata Redemption
If redemption requests exceed 10% of outstanding units by November 13, 2026, pro-rata redemption applies to the maximum 10%.
Payment Timeline
Payment for accepted redemptions will be made on or before December 29, 2026, following redemption date.
What matters most
Canoe EIT Income Fund allows unitholders to redeem units at 95% of NAV by December 4, 2026, with payments due by December 29, 2026.
