EVT Stock Discussion

Economic Investment Trust Limited Description

Economic Investment Trust Limited is a closed-end investment company. The Company is an investment vehicle for long-term growth through investments in common equities. Its objective is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. Its investment portfolio consists of a mix of Canadian and foreign investments. From time to time, however, assets of the Company may be invested in interest-bearing short-term securities pending the selection of suitable equity investments. The Company owns, directly and indirectly, long-term investments in the common shares of some publicly traded Canadian companies, and a managed global investment portfolio of common shares of publicly traded global companies. The long-term investments consist primarily of the publicly traded common shares of E-L Financial Corporation Limited, Algoma Central Corporation and The Bank of Nova Scotia. Burgundy Asset Management Ltd. is its investment manager.

Sector: Financial
Industry: Capital Markets
Keywords: Security Financial Dividend Bank Investment Management Asset Management Investment Fund Investment Trust Rate Of Return Vehicle Nova Scotia Investment Company Private Equity Real Estate Algoma Central