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10% holder buying at Economic Investment Trust (T:EVT)

Updated Thursday Mar 15, 2018 02:41 AM EDT

Canadian & Foreign Securities Co. Limited, a 10% Holder, acquired 1,000 Common Shares on a direct ownership basis at prices ranging from $113.000 to $113.100 between March 12th, 2018 and March 13th, 2018. This represents a $113,050 investment into the company's shares and an account share holdings change of 0.1%.

Economic Investment Trust is in the Closed End Funds Sub Industry Group under the Financials Sector.

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. Economic Investment Trust Limited (EVT) has a high amount of executive buying compared to its mid-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $113,050.

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Go to Economic Investment Trust Limited (EVT)'s company page

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