|Fund Name||Trez Capital Private Real Estate Fund Trust|
|Launch||August 31, 2021|
|Securities||Series F Units|
|Fund Type||Private Equity Real Estate Fund|
|Minimum Subscription||$25,000.00 CAD|
|Subsequent Subscription||$5,000.00 CAD|
|Liquidity||There will be limited liquidity after an initial 24 month hold period|
|Eligibility||Canadian Investors, Non-Registered Only|
|Target Returns||The 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|
|Management Fees||1.50% annually, of the Net Asset Value as calculated and payable on a quarterly basis.1|
|Acquisition Fees||1.00% of the purchase price, proforma cost, or capital commitment of any Trust investment.|
|Exit Fees||0.50% of the sale price of any asset sold by the Trust, multiplied by Trust’s percentage ownership at sale.|
|Manager Participating Interest||5.00% of any distribution or redemptions proceeds paid to any or all unitholders.|
1 The early investor feature will reduce the management fees as outlined in the Offering Memorandum for up to the 1st year of the existence of the trust. Please speak to your Trez Capital representative for eligibility.
|Province||Minimum investment when relying on accredited investor exemption1||Minimum investment when relying on offering memorandum exemption2||Minimum Amount Exemption3|
|Newfoundland & Labrador||$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.
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:
Monday to Friday, 8:30am to 5:00pm PST
August 2021 - Trez Capital Private Real Estate Fund Trust Offering Memorandum