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Canoe EITome Fund (TSX:EIT.UN) Altman Z2-Score


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What is Canoe EITome Fund Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score does not apply to banks and insurance companies.


Canoe EITome Fund (TSX:EIT.UN) Business Description

Address
421 - 7th Avenue SW, Suite 2750, Calgary, AB, CAN, T2P 4K9
Canoe EIT Income Fund is a Canadian closed-end investment trust. The investment objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.