Q: Dear 5i team.

Can you shed light on why EIT appears to have similar volitility to the general market?
What are the top holdings? Does it use leverage?
Is this something that is just too volitile for a conservative investor? The wild ride with the market last few weeks has got my attention.

Many thanks for your help

Q: Hello. Could you comment on how the yield is achieved in this fund? Dividends will form part and I see leverage was mentioned in a previous answer (assuming there is a net benefit from additional yield over the cost of leverage). Does this fund also employ an options strategy? If no options strategy, am I right that a good chunk of the distribution over time has been return of capital? Secondly, could you comment on the volume/liquidity of the fund over time? I'm thinking of starting a position in this across our investment accounts but am concerned about what might be limited volume on entry or exit. Thank-you.

Q: Here is a challenge for investors to beat financing charges. The financing is 2.4% for 36 months and I need better than 2.6% to pay taxes on unregistered account. With a ladder of tbills, bonds and strips one can obtain 3.1% with very little risk. If one could live with a bit more risk ( say possibility -5% over the term) are there any other options such as a low volatility income fund or preferred shares?