Stuart Douglas Waugh, a Director, acquired 2,000 Common Shares on a direct ownership basis at a price of $114.000 on August 27th, 2018. This represents a $228,000 investment into the company's shares and an account share holdings change of greater than 100%.
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 $228,000.
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