Canoe EIT Income Fund Announces May 2014 Distribution

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


Canoe EIT Income Fund (formerly EnerVest Diversified Income Trust) ("Canoe" or
the "Fund") (TSX:EIT.UN) announces the May 2014 distribution of $0.10 per unit.
The distribution will be paid on June 13, 2014 to unitholders of record on May
23, 2014. The ex-distribution date for this distribution is May 21, 2014. 


About the Distribution

The Fund's objective is to maximize monthly distributions relative to risk and
maximize net asset value, while maintaining and expanding a diversified
investment portfolio.


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 and net asset value for the benefit of its unitholders.
The Fund is managed by Robert Taylor, Senior Vice President and Portfolio
Manager of Canoe Financial.


About Canoe Financial LP

Canoe Financial is an investment management firm focused on building financial
wealth for Canadians through investing in Canada. Its 'GO CANADA!(R)' 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 April
30, 2014, manages approximately $2.3 billion in assets through its investment
products. To learn more about Canoe Financial, visit www.canoefinancial.com.


 (R) 'GO CANADA!' is a registered trade-mark of Canoe Financial LP.

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
[e-mail]
www.canoefinancial.com