Management believes that individual investors should have the same opportunities as institutions, pension funds and high net worth individuals with respect to real estate investing. With this in mind, an investment in Units has been structured to align the interests of Management with investors. Management will only be entitled to distributions after investors receive 100% return of their capital contribution plus any outstanding cumulative preferred return.
Issuer | Triumph Real Estate Investment Fund |
Offering Structure | Mutual Fund Trust Units |
Minimum Investment | $10,000 (10,000 units) |
Investment Type | Cash, RRSP, TFSA, RESP, LIRA, RRIF |
Cash Flow | 7% Annual Cumulative Preferred Return |
Profit Sharing | 70% share until investors have received return of capital and 12% annualized return; 50% share in profits thereafter |
Redemptions | Investors may redeem units at anytime, subject to certain restrictions as set out in the offering memorandum |
Jurisdictions | British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island, Northwest Territories and Nunavut. |