From the three of us at Foundation Capital to you. Today is a national holiday, a summer afternoon, and quietly the last day of the FCPRET 2% bonus.
Today is the last day. Bonus closes at midnight July 1.
A short note from us today. A thank you, a Canada Day wish, and one quiet reminder that the FCPRET 2% bonus window we launched on Canada Day eve closes at midnight tonight.
PV, Mit & Jeff
Happy Canada Day from the three of us at Foundation Capital.
Today is a national holiday. Wherever you are reading this, we hope you have a barbecue somewhere in your afternoon, some people around you who matter, and a moment to appreciate the country we all get to build our lives in. Foundation Capital exists to solve one small piece of a big Canadian problem. We buy and build apartment buildings that families across Southern Ontario call home. We invite Canadians who want to participate in that to invest alongside us. That is the whole story of the firm, and today is the day it is worth saying out loud.
Thank you to every subscriber who has come alongside us in the last six weeks, in the last six years, and in every stretch in between. Thank you to every reader who is quietly thinking about the decision. And thank you to the friends who forward this note. The list has grown noticeably since May.
The Canada Day 2% bonus that has run for the last six weeks closes tonight. Every FCPRET subscription completed with Equivesto before midnight July 1 receives 2% in free units on top of the units subscribed for. Real units, that earn the same monthly cash distribution and appreciate alongside the rest of the position.
If you have been reading along and quietly thinking about the position, today is the day it is worth completing. There is no extension. FCPRET is exactly the same fund tomorrow, without the bonus.
Mit and Jeff on the numbers that make Canadian multi family apartments a better long term compounder than the loudest growth stories in public markets.
· Click the Subscribe to FCPRET button below. It takes you to Equivesto, our licensed Exempt Market Dealer. The whole subscription is online.
· Pick account type (TFSA, RRSP, RESP, LIRA, or non-registered cash) and subscription size. Minimum is $10,000.
· Sign the subscription documents. That is the timestamp Equivesto uses. Signed before midnight, the 2% bonus applies.
Today is Canada Day for us too. If you get stuck at any step or need a 5 minute walkthrough on account choice, reply Now and one of us will get back to you as fast as we can this evening.
432 Units · 25 Storey Purpose Built Rental · London, ON
$100K Min · Cash Only · Accredited / Existing FC Investors
Tranche 1 Extension: 24% Net Annualized Targeted Return
$10K Minimum · RRSP / TFSA / RESP / LIRA Eligible
Targeted: 15% Annualized (7% cash monthly + 8% appreciation)
Subscribe by midnight tonight for +2% bonus units
Enjoy the day,
PV, Mit & Jeff
P.S. This is the last daily note we send about the Canada Day bonus. If you have been meaning to reply and never got around to it, today works. Reply Now if you need any help getting a subscription across the line tonight. Otherwise, have a great Canada Day, and we will be back with the regular daily notes tomorrow.
