EIT.UN Canoe EIT Income Fund

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES OF AMERICA.


Institutional Investor Services (ISS), a leading proxy advisory firm, has
recommended that unitholders of EnerVest Diversified Income Trust ("EnerVest" or
the "Fund") (TSX:EIT.UN) vote in favour of each of the proposed amendments
described in the management information circular mailed to unitholders on August
9, 2013, and available at www.canoefinancial.com and www.sedar.com. ISS is a
leading independent corporate governance analysis and proxy voting firm whose
recommendations assist unitholders in making proxy voting and transaction
decisions. The proposed amendments will be voted on at a special meeting of
unitholders on August 30, 2013 at 10:00 am in Calgary, Alberta.


Addressing the first proposed amendment, the addition of a Premium Distribution
component to the existing Distribution Reinvestment Plan, the ISS report notes:
"It is noted that there will be no additional costs to the investor associated
with the Premium Distribution component of the plan. The Premium Distribution
component is expected to help increase the sustainability of the Fund by
supporting the Fund's efforts to stay fully invested. In light of the reasonable
rationale and no significant noted governance concerns, a vote FOR this
resolution is warranted."


With respect to the second amendment, permitting the Fund to issue preferred
units, ISS commented: "Preferred units are a valid form of financing, and the
proper use of such shares can enhance unitholder value."


Regarding the third proposed amendment, which includes introducing a fixed
administration charge and other administrative matters, ISS noted: "As all the
recommendations appear to be housekeeping in nature and are expected to enhance
the operational efficiency of the Fund, a vote FOR this resolution is
warranted."


Welcoming ISS's recommendations, Canoe Financial's president and chief
executive, Nevin Markwart said: "This independent report again underlines the
benefits of the proposed amendments. These enhancements will allow the Fund to
better adapt to changing market conditions, while retaining the fundamental
features that unitholders value."


The Independent Review Committee of the Fund has reviewed the proposed
amendments and after careful consideration determined that, if approved by
unitholders, the Manager's proposed actions related to the proposed amendments
would achieve a fair and reasonable result for the Fund. Also, the Fund's board
of directors is unanimously recommending that unitholders vote in favour of the
proposed amendments.


Unitholders are reminded to vote their proxy FOR the proposed amendments before
Wednesday, August 28, 2013 at 10:00 AM (Calgary time). For more information and
assistance in voting your proxy, unitholders should contact Kingsdale
Shareholder Services Inc. at 1-866-229-8874 or by email at
contactus@kingsdaleshareholder.com.


About the Fund

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
maximize distributions relative to risk and maximize net asset value for the
benefit of its unitholders. The Fund is managed by Robert Taylor, Senior Vice
President and Portfolio Manager, Canoe Financial. Mr. Taylor is an award-winning
portfolio manager and was directly responsible for managing more than $4 billion
in assets in his previous position as Vice President and Portfolio Manager,
Canadian Equities at BMO Global Asset Management.


About Canoe Financial LP

Canoe Financial is the Portfolio Manager and Manager of the Fund. Canoe
Financial is an investment management firm focused on building financial wealth
for Canadians through investing in Canada. Its 'GO CANADA!' investment thesis
reflects Canoe's strategic confidence in Canada as a place to invest. With
continued global urbanization, increasing worldwide demand for resources, and
Canada's sound fiscal structure, Canoe believes this country provides long-term
growth potential for investors.


Canoe is one of Canada's fastest-growing mutual fund companies and as at July
31, 2013, manages approximately $1.7 billion in assets through its investment
products. To learn more about Canoe Financial, visit www.canoefinancial.com.


Forward Looking Statement: Certain statements included in this news release
constitute forward looking statements which reflect Canoe Financial's current
expectations regarding future results or events. Words such as "may," "will,"
"should," "could," "anticipate," "believe," "expect," "intend," "plan,"
"potential," "continue" and similar expressions have been used to identify these
forward-looking statements. Forward-looking statements involve significant risks
and uncertainties and a number of factors could cause actual results to
materially differ from expectations discussed in the forward looking statements
including, but not limited to, changes in general economic and market conditions
and other risk factors. Although the forward-looking statements are based on
what Canoe Financial believes to be reasonable assumptions, we cannot assure
that actual results will be consistent with these forward-looking statements.
Investors should not place undue reliance on forward-looking statements. These
forward-looking statements are made as of the current date and we assume no
obligation to update or revise them to reflect new events or circumstances.


This communication is not to be construed as a public offering to sell, or a
solicitation of an offer to buy securities. Such an offer can only be made by
way of a prospectus or other applicable offering document and should be read
carefully before making any investment. This release is for information purposes
only. Investors should consult their Investment Advisor for details and risk
factors regarding specific strategies and various investment products.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Canoe Financial LP
Investor Relations
1-877-434-2796
info@canoefinancial.com
www.canoefinancial.com

Canoe EIT Income (TSX:EIT.UN)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Canoe EIT Income (TSX:EIT.UN)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024