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EVT

NEO
20.20000 CAD
0.25
1.25%
Last update Jul 11, 3:39 PM EDT
Market closed
Day range
20.20000
20.20000
Previous close
19.95000
Open
20.20000
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Economic Investment Trust Ltd.
20.20
0.25
1.25%

Overview

Description

Economic Investment Trust Ltd. is a closed-end investment corporation focused on generating above-average returns primarily through long-term capital appreciation and dividend income. Established in 1927, it stands as Canada's first closed-end investment trust, offering investors exposure to a diversified portfolio comprising both Canadian and international equities. The trust's holdings include notable investments in publicly traded companies such as E-L Financial Corporation Limited, Algoma Central Corporation, and The Bank of Nova Scotia, alongside a managed global portfolio. The company is designed for long-term growth, with management emphasizing the outperformance potential of equities relative to fixed-income assets over extended periods. Its closed-end structure allows for stable portfolio management, largely unaffected by daily investor inflows and outflows, and frequently results in shares trading at a discount to net asset value. Economic Investment Trust Ltd. maintains a low management expense ratio and distributes quarterly dividends to shareholders. Its approach is resilient to short-term market volatility, reflecting a commitment to long-term wealth creation and active, global investment management.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Canada
MIC code
NEOE
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 23 hours 56 minutes

08:03
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).