Economic Investment Trust Limited (“Economic” or the “Company”) was the first closed end investment trust formed in Canada in 1927. The trust was sponsored by the chartered accounting firm of George A. Touche & Company. The initial capitalization consisted of 32,250 shares issued in 1927 at $50 for a total of $1,612,500. In addition, $1,000,000 of 30-year 5% Collateral Trust Gold Bonds were issued in 1927, making the total amount of initial capital subscribed $2,612,500. Economic is a closed-end investment corporation, the shares of which trade on the Toronto Stock Exchange under the symbol “EVT”. Economic is an investment vehicle for long-term growth through investments in common equities, as management believes that over long periods of time, common equities, as an asset class, will outperform fixed-income instruments or balanced funds. 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.
公司网站 :
http://www.evt.ca
总经理:Duncan N. R. Jackman
建立时间:1927
公司总部:Toronto
领域:Miscellaneous
行业:Investment trusts/Mutual funds