Energy Income Fund Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 11:56 pm IST
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Energy Income Fund announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was CAD 412,255 compared to CAD 1.245 million a year ago. Operating income was CAD 65,436 compared to CAD 879,139 a year ago. Net income was CAD 61,039 compared to CAD 874,631 a year ago. Basic earnings per share from continuing operations was CAD 0.02 compared to CAD 0.23 a year ago.
Energy Income Fund (the Fund) is a Canada-based closed-end investment fund. The Fundâs investment objectives are to provide the unitholders with monthly cash distributions and to achieve a total return on the portfolio that is greater than the total return provided by the benchmark index, as selected by the Manager from time to time. The benchmark index is the S&P/TSX Capped Energy Trust Index. The Fund invests its assets in the portfolio without reference to any specific issuer or security, among several asset classes including oil and gas securities, energy securities, other resource securities, and cash and short-term investments. Vestcap Investment Management Inc. is the portfolio advisor of the Fund. Artemis Investment Management Limited is the investment fund manager of the Fund.
ENERGY INCOME FUND 
