Annual Redemption Opportunity for Energy Income Fund
Energy Income Fund (TSX – ENI.UN) is excited to share a unique opportunity for its unitholders. This year, unitholders can redeem up to 281,167 units of the Fund, allowing them to take advantage of their investments.
Key Redemption Details
The date marked for this annual redemption is November 27, 2025. Each unit will be redeemed based on net asset value, minus a redemption cost of 5%. This procedure is outlined in the Fund's declaration of trust, which is readily accessible for review. If the total requests for redemption are greater than the available 281,167 units, the unitholders will be compensated on a pro-rata basis, ensuring a fair distribution amongst all who wish to redeem.
How to Redeem Your Units
For unitholders wishing to participate in this redemption, it’s vital to deliver a redemption notice to your broker promptly. The notice must reach the Fund’s transfer agent no later than 5:00 p.m. (Toronto time) on October 30, 2025. If you have questions on the redemption process, contacting your broker for assistance is highly recommended.
Receive Your October Distribution
Units that are redeemed will still be eligible to receive the distribution for October 2025, which has been scheduled for payment on November 17, 2025. This ensures that unitholders will not miss out on their entitled distributions even as they participate in the redemption process.
Redemption Price Announcement
On or about December 5, 2025, the Fund will announce the redemption price. It is anticipated that the redemption proceeds will be processed and paid out to unitholders by December 18, 2025. This strategic timeline allows both the Fund and its investors to maintain a smooth operation during the redemption period.
Contact Information for Further Assistance
If you have further questions or need additional information, Artemis Investment Management Limited, the manager of the Fund, is available to assist. You can reach them at (647) 494-0338 or by emailing them directly. Additionally, details can be found on their official website, which hosts further insights into the Fund and its operations.
Frequently Asked Questions
What is the purpose of the redemption announcement?
The redemption allows unitholders the chance to cash in on their investments up to a certain number of units annually.
When must I submit my redemption notice?
Your redemption notice must be submitted to your broker by 5:00 p.m. on October 30, 2025.
What happens if more than 281,167 units are requested?
If requests exceed the available units, redemptions will occur on a pro-rata basis.
Will I receive distributions on redeemed units?
Yes, units redeemed will still receive the October distribution to be paid on November 17, 2025.
How can I find more information about my investments?
For more details, you can contact Artemis Investment Management or visit their website for up-to-date information.
