We have launched our new series of CDE flow-through limited partnership units (on FundSERV, PIV104 for Class A Units and PIV105 for Class F Units) for 2019 (details below).
Our brand new Canada-wide First Canadian Securities® CDE flow-through features [see click-throughs at the bottom for Term Sheets, Subscription Agreement, Offering Memorandum, etc.]:
100 % tax deduction; 45 % CDE tax deduction in 2019, and 30 % additional annual 30 % CDE tax deduction on declining balance in years subsequent to 2019 – THIS IS THE FIRST TIME CDE HAS A 45 % DEDUCTION IN THE FIRST YEAR, THAT IS A 50 % INCREASE IN TAX BREAKS FOR 2019 !
Great exposure to senior high cap energy producers !
best interim NAVs from all flow-through LPs from 2018 (contact us for the comparison spreadsheet)
no annual management fee (to our knowledge, we’re the only flow-through fund that currently offers this)
investment only in publicly-listed companies (to our knowledge, we’re the only flow-through fund that currently offers this guarantee)
senior resource portfolio manager is Andrew Cook of Palette Investment Management Inc., which has a superior track record managing resource portfolios
key involvement by Horst Mueller, legendary senior technical analyst with Mueller Behavioural Analytics Inc. (exclusive to First Canadian Securities®)
Watts, Griffis & McOuat (world renowned team of geologists and engineers with expertise in every aspect of the mining industry) provides mining industry advice (exclusive to First Canadian Securities®)
early tax-deferred dissolution/rollover scheduled for September 30, 2020, but could occur as early as April 30, 2020
custodian is CIBC Mellon Global Securities Services Company, and registrar, transfer agent and valuation agent is SGGG Fund Services Inc.
5.75 % selling concession on Class A Units (IIROC, EMD and MFDA); additional 0.25 % override to any registered advisor who sends at least $500,000 in aggregate orders
fantastic benefits to donating First Canadian Securities® to investors’ favourite charities: after-tax cost of donation is almost free after-tax, i.e., it costs pennies to donate (versus a cost of 50
cents on the dollar or more after-tax to donate cash).
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click here for Term Sheet
click here for Client-Friendly Term Sheet (no mention of commission)
click here for Offering Memorandum
click here for Subscription Documents (national)
click here for Subscription Documents for ON and NB only (fewer pages than national)
P.S.: First Canadian Securities® is pro-eligible, meaning advisors can also purchase Units