Trez Capital Private Real Estate Fund Trust | Series A, F, I

Net Asset Value1

$115.42

¹Based on F Series units effective September 30, 2022

Trez Capital Private Real Estate Fund Trust (TPREF) allows investors to maximize their real estate return by investing in a diversified basket of high-quality development projects located in some of the strongest real estate markets in the United States and Canada.

Fund Summary

Fund NameTrez Capital Private Real Estate Fund Trust
LaunchAugust 31, 2021
FundServ Code
F SeriesTRZ610
A SeriesTRZ600
StructureTrust
CurrencyCanadian Dollar
Fund TypePrivate Equity Real Estate Fund
Minimum Subscription$25,000.00 CAD
Subsequent Subscription$5,000.00 CAD
Purchase FrequencyMonthly
LiquidityThere will be limited liquidity after an initial 24 month hold period
EligibilityCanadian Investors, Non-Registered Only
Registered AccountNo
Target ReturnsThe objective of the Trust is to generate a total net return (including capital appreciation and income) on a tax efficient basis that exceeds 12.00% per annum over a ten-year hold period

Net Asset Value (NAV)¹

2022

Series²JanFebMarAprMayJunJulAugSepOctNovDec
A$108.67$109.32$109.32$109.92$110.87$114.99
F$103.04$103.39$108.04$108.67$109.32$109.51$110.12$111.17$115.42

2021

Series²AugustSeptemberOctoberNovember December
A
F$100.00$100.00$100.49$100.69$102.94

¹Trez Capital Private Real Estate Fund Trust was introduced on August 31, 2021. The Net Asset Value (NAV) per unit is calculated as of the last business day of each month and posted by the end of the first business day of the following month.
²A Series units were introduced on April 30, 2022.

 

 

 

Fees

Management Fees1
F Series1.50%
A Series2.50%
Acquisition Fees1.00% of the purchase price, proforma cost, or capital commitment of any Trust investment.
Exit Fees0.50% of the sale price of any asset sold by the Trust, multiplied by Trust’s percentage ownership at sale.
Manager Participating Interest5.00% of any distribution or redemptions proceeds paid to any or all unitholders.

1Of the Net Asset Value as calculated and payable on a monthly basis.

Minimum Investment

ProvinceMinimum investment when relying on accredited investor exemption1Minimum investment when relying on offering memorandum exemption2Minimum Amount Exemption3
Alberta$25,000$25,000$150,000
British Columbia$25,000$25,000$150,000
Manitoba$25,000$25,000$150,000
New Brunswick$25,000$25,000$150,000
Newfoundland & Labrador$25,000$25,000$150,000
Nova Scotia$25,000$25,000$150,000
Ontario$25,000$25,000$150,000
Quebec$25,000$25,000$150,000

1 Accredited Investor Exemption: There is no regulatory minimum subscription amount for investors qualifying under the Accredited Investor Exemption. However, the minimum initial purchase amount established by the Manager is $25,000.

2 Offering Memorandum Exemption: There is no regulatory minimum subscription amount for investors qualifying under the Offering Memorandum Exemption. However, the minimum initial purchase amount established by the Manager is $25,000.

3 Minimum Amount Exemption (not available to individuals): The minimum initial subscription amount for investors qualifying under the Minimum Amount Exemption is $150,000 in each province listed above.

 

TREZ CAPITAL PRIVATE REAL ESTATE FUND TRUST is sold BY offering memorandum and is available to:

  • Residents of British Columbia or Newfoundland & Labrador, who are provided with an offering memorandum and complete a risk acknowledgment form (45-106F4). Investment relies on the Offering Memorandum exemption.
  • Residents of Ontario, Alberta, Saskatchewan, New Brunswick, Nova Scotia or Quebec who are provided with an offering memorandum and complete a risk acknowledgement form (45-106F4) with Schedule I and Schedule II (Classification of Investors and Investment Limits). Investment relies on the Offering Memorandum exemption.
  • Residents of Manitoba or Prince Edward Island, who are provided with an offering memorandum and complete a risk acknowledgment form (45-106F4) and an eligible investor certification. Investment relies on the Offering Memorandum exemption.
  • Residents who qualify as accredited investors and complete an accredited investor certification and a risk acknowledgement form (45-106F9 – for individual investors only). Investment relies on the Accredited Investor exemption. or; by investing a minimum of $150,000 (for entities only). Investment relies on the Minimum Amount exemption.

How To Invest

Units of the Trust may be purchased through your registered Investment Advisor. To purchase units in a non-registered account directly through Trez Capital, please contact Investor Services at:

investor-services@trezcapital.com
T: 604-689-0821
TF: 1-877-689-0821
Monday to Friday, 8:30am to 5:00pm PST

 

Fund Materials

TPREF - Fund Fact Sheet (A Series)

TPREF - Fund Fact Sheet (F Series)

TPREF Fund Brochure

Subscription/Redemption Documents

FundSERV Brokers - Subscription Form (Individual)

FundSERV Brokers - Subscription Form (Corporate)

Individual Investor Application Form

Corporate Investor Application Form

Exempt Market Dealers – Subscription Form (Individual)

Exempt Market Dealers - Subscription Form (Corporate)

Redemption Request Form

Financial Statements

Audited Financial Statements

Offering Documents

Offering Memorandum