Canoe EIT Income Fund Announces October 2022 Distribution

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CALGARY, Alta., Oct. 13, 2022 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces October 2022 distribution of $0.10 per unit. The distribution will be paid on November 15, 2022 to unitholders of record on October 21, 2022. The ex-distribution date for this distribution is October 20, 2022.

About Canoe EIT Income Fund
Canoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial.

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About Canoe Financial
Canoe Financial is one of Canada’s fastest growing independent mutual fund companies, managing $11.5 billion in assets across a diverse range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.

For more information, please contact:
Investor Relations
1–877–434–2796
www.canoefinancial.com
info@canoefinancial.com

Not for distribution to US news services or for dissemination in the United States of America.

The Fund makes monthly distributions consisting in whole or in part of a return of capital (ROC) of the net asset value per unit. An ROC reduces your original investment amount and may result in the full amount of your original investment being returned to you. ROC that is not reinvested will reduce the fund’s net asset value, which may reduce the fund’s ability to generate future income. You should not draw any conclusions about the investment performance of the fund from the amount of this distribution.

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Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the fund information filed on www.sedar.com before investing. Investment funds are not guaranteed and past performance may not be repeated.

This communication should not be construed as a public offer to sell or a solicitation of an offer to buy securities. Any such offer may only be made by means of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for informational purposes only. Investors should consult their investment advisor for details and risk factors regarding specific strategies and various investment products.