TG Income Trust II Introduction
TG Income Trust II ("TGIT II"), an unincorporated open-ended mortgage investment trust, was established in August 2009 (following a successful three series of offerings in TG Income Trust, the predecessor offering). TGIT II was created for the purpose of preserving invested capital and providing investors with a fixed quarterly return from interests by investing in a diversified portfolio of commercial mortgages in Canada. TGIT II is an opportunity to participate in a medium-term investment with a retractable feature and an attractive yield of 7.75%. TGIT II is offered through the lead agent Global Securities Corporation and is available to residents of British Columbia and Alberta.
Facts of the Fund
| Managed by | TG Income Management Ltd |
| Asset Class | Income Trust Fund |
| Inception Date | August 2009 |
| Annualized Return | 7.75% |
| Net Asset Value | $10 per Unit |
| Minimum Investment | 200 Units ($2,000) |
| Term | 45 months |
| RRSP/RESP/RRIF/TFSA Eligible | Yes |
| Retraction Rights | Units are retractable at the option of Unitholders at a retraction price equal to 95% of the subscription price subject to certain restrictions. |
| Tax Consequences | Exempt from the Federal Income Trust Tax |