Robert Taylor, senior vice president and portfolio manager with Canoe Financial, will assume portfolio management responsibilities for the EnerVest Diversified Income Trust, Canoe Canadian Monthly Income Class, Canoe Canadian Asset Allocation Class, Canoe Canadian Equity Class and Canoe Capital Appreciation Class, effective 29 July 2013.
The investment objectives and investment strategies of these funds remain unchanged.
Taylor (pictured) was directly responsible for managing more than CAD4bn in assets in his previous position as vice president and portfolio manager, Canadian equities at BMO Global Asset Management. In the last decade, Taylor managed the following mandates – BMO Asset Allocation Fund, BMO Equity Fund, Educators Growth Fund, BMO Resource Fund and BMO Global Energy Fund. He was also an integral member of the asset mix committee responsible for asset allocation decisions with respect to institutional and retail mandates.
The fund is one of Canada’s largest, diversified closed-end investment funds and is listed on the TSX under the symbol EIT.UN. The fund is actively managed and invests in a diversified portfolio of income-generating and capital growth-oriented securities listed primarily on the TSX. The fund is designed to maximise distributions and net asset value for the benefit of its unitholders. Canoe Financial is the portfolio manager and manager of the fund.
