Economic Investment Trust Limited (“Economic” or the “Company”) was the first closedend investment trust formed in Canada in 1927. The trust was sponsored by the chartered accounting firm of George A. Touche & Company. The initial capitalization consisted of 32,250 shares issued in 1927 at $50 for a total of $1,612,500. In addition, $1,000,000 of 30-year 5% Collateral Trust Gold Bonds were…More issued in 1927, making the total amount of initial capital subscribed $2,612,500.