Economic Investment Trust Limited : Announces Outcome of Director Elections
April 27, 2017 at 02:48 pm EDT
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TORONTO, ONTARIO--(Marketwired - Apr 27, 2017) - Economic Investment Trust Limited (TSX:EVT) reports the following voting results for the election of directors at its Annual Meeting of Shareholders held on April 27, 2017:
Economic Investment Trust Limited is a closed-end investment company. The Company is an investment vehicle for long-term growth through investment in common equities. The Companyâs investment objective is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. The investment portfolio of the Company comprises a mix of Canadian and foreign investments. The Company invests 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. Its 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. Its investment manager is Neuberger Berman Canada ULC.