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| MineralFields 2011-II Super FTLP (MIN1102) |
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The Partnership will invest in flow-through shares of resource issuers engaged in mineral exploration, development or production in Canada with some projects located in Ontario. The objectives are to achieve capital appreciation and maximize tax benefits of investment in a diversified portfolio of publicly traded shares.
Why Invest?
- UP TO 128% TAX DEDUCTION EQUIVALENT* - Investment in SUPER flow-through shares, provides investors with potential tax credit-enhanced flow-through deduction for 2011 income tax purposes.
- 100% INVESTMENT IN PUBLICLY LISTED COMPANIES - No private companies, only resource companies listed on TSX, TSXV, CNSX or other stock exchanges, with short hold periods.
- NO MANAGEMENT FEES - Performance bonus is paid only after investors have recouped their entire investment.
- TAX-DEFERRED ROLLOVER - At dissolution, units may be transferred into a Marquest corporate class mutual fund without incurring taxable consequences.
| Net Asset Value |
As of April 01, 2013 |
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NOTE: Starting NAV per $100.00 unit is normally $80.00 after subtracting costs of issue and premiums, a NAV above $80.00 per unit represents appreciation in the portfolio. A very conservative valuation approach is followed, where warrants are assigned no time value, just intrinsic value; stocks are valued at closing price, or last traded price.
* Depending on province of residence.
1 Return based on marginal tax rate of 46.41%.
NOTES AND ASSUMPTIONS: (1) Capital gains can be offset by unused capital losses, so for investors with sufficient unused capital losses, this is the final after-tax return. (2) On national offerings calculated with reference to an Ontario investor paying income tax at the highest marginal rate of 46.41%, and using the "money-at-risk/after-tax purchase cost" as the denominator and the dissolution value minus the "money-at-risk/after-tax purchase cost" as the numerator [in the case of the national offering memorandums the "money-at-risk/after-tax purchase cost" used was the arithmetic average of the lower and higher "money-at-risk/after-tax purchase cost" shown in Ontario Table 1 in the offering memorandum; in the case of Québec and B.C. offerings the "money-at-risk/after-tax purchase cost" used in the respective province-specific offering documents was used]; assumes the full purchase cost of the flow-through investment can be deducted by investors for income tax purposes. (3) Calculated with reference to an Ontario investor paying income tax at the highest marginal rate of 46.41%, and using the same process as in note (2), except that the numerator also has the capital gains tax amount deducted from the numerator; assumes one-half of capital gains are taxable, and the adjusted cost base of each limited partnership unit is nil. (4) Returns are calculated without factoring in the time value of money, and also are not annualized.
The information contained herein is not an offer to sell nor a solicitation to buy any security. Qualified investors must receive a confidential Offering Memorandum from an authorized distributor prior to subscribing for units. Commissions, trailing commissions, management fees, performance fees and expenses all may be associated with an investment in the flow-through limited partnerships. Flow-through limited partnerships are not guaranteed, their values change frequently and past performance may not be repeated.
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| OFFERING DETAILS |
ISSUE SIZE
$10,000,000 max
$250,000 min
UNIT PRICE
$100 per unit
MINIMUM PURCHASE
$30,000 - 300 units
MANAGEMENT FEE
0 %
ROLLOVER TARGET DATE
March 31, 2013 or earlier
AVAILABILITY
Available through limited distribution channel only to 75 non-accredited Ontario residents.
FUNDSERV
MIN1102
FEDERAL TAX SHELTER ID#
TS 077974
QUÉBEC TAX SHELTER ID#
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| HISTORICAL NAVs |
| | DATE | | NAV ($) | |
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February 28, 2013
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2,048.00 | |
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February 28, 2013
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2.05 | |
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January 31, 2013
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2,242.00 | |
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December 31, 2012
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2,181.00 | |
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November 30, 2012
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2,317.00 | |
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October 31, 2012
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2,321.00 | |
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September 28, 2012
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2,774.00 | |
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August 31, 2012
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2,743.00 | |
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July 31, 2012
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2,588.00 | |
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June 29, 2012
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2,786.00 | |
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May 31, 2012
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3,128.00 | |
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April 30, 2012
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3,726.00 | |
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March 30, 2012
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4,406.00 | |
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February 29, 2012
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4,639.00 | |
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January 31, 2012
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4,796.00 | |
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December 30, 2011
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4,262.00 | |
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November 30, 2011
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4,436.00 | |
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October 31, 2011
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4,932.00 | |
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September 30, 2011
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4,871.00 | |
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