Energy Income Fund Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 12:29 pm EDT
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Energy Income Fund announced earnings results for the half year ended June 30, 2021. For the half year, the company announced negative total revenue was CAD 67,419 compared to CAD 1.086 million a year ago. Operating loss was CAD 260,971 compared to CAD 1.282 million a year ago. Net loss was CAD 264,236 compared to CAD 1.284 million a year ago. Basic loss per share from continuing operations was CAD 0.08 compared to CAD 0.36 a year ago.
Energy Income Fund (the Fund) is a Canada-based closed-end investment fund. The Fundâs investment objectives are to provide the unitholders with monthly cash distributions and to achieve a total return on the portfolio that is greater than the total return provided by the benchmark index, as selected by the Manager from time to time. The benchmark index is the S&P/TSX Capped Energy Trust Index. The Fund invests its assets in the portfolio without reference to any specific issuer or security, among several asset classes including oil and gas securities, energy securities, other resource securities, and cash and short-term investments. Vestcap Investment Management Inc. is the portfolio advisor of the Fund. Artemis Investment Management Limited is the investment fund manager of the Fund.
ENERGY INCOME FUND 
