Subscribe to FCPRET by midnight July 1 and receive a 2% bonus in free units. Today, the math on what those free units actually become at 5, 10, and 20 years.

PV, Mit & Jeff

Two percent does not sound like much. Compounded inside a 15% targeted return for a decade or two, it stops being a bonus and starts being a category of its own.

The FCPRET Canada Day 2% bonus closes at midnight on July 1, 2026. Twenty days from today. Every subscription completed between now and the deadline gets 2% in free units issued on top of the units you subscribed for, with no additional capital required.

The reason this letter is worth four minutes of your time is that 2% sounds small, and the math says it is not. Free units that compound at the 15% targeted return alongside the rest of the position become a meaningful piece of the portfolio over a real holding period. Here is what that looks like at every common subscription size.

Subscribe between May 26 and July 1, 2026. We issue 2% extra units on top of your subscription. A $50,000 subscription at the current $13.40 unit price buys 3,731 units, plus a bonus of 75 free units, for a total of 3,806 units held in your account. Those 75 bonus units are real units. They earn the same monthly distribution as every other unit and they appreciate alongside them.

The table below isolates the bonus units only. This is the value created at no cost to you by subscribing inside the window, projected forward at the FCPRET targeted 15% annualized return.

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The table above assumes you take the monthly distributions in cash. If you reinvest them through the FCPRET DRIP, new units are issued to you at a 2% discount to the prevailing unit price. That discount stacks on top of the Canada Day bonus, and it compounds every single month.

For a $100,000 subscription that takes the Canada Day bonus and enrols in DRIP at $5,833 in annual distributions, the combined effect of the bonus units, the DRIP discount, and the compounding is meaningful. A $100,000 subscription on July 1 that DRIPs every distribution at the 2% discount and earns the targeted 15% becomes roughly $410,000 over ten years and $1.6 million over twenty.

Of that $1.6 million, somewhere between $30,000 and $40,000 is directly attributable to the Canada Day bonus units and the DRIP discount stack. Real money, from a window that closes in 20 days.

If you have been thinking about adding FCPRET exposure to your portfolio, this is the window. Subscription is completed entirely online through our Exempt Market Dealer, Equivesto. RRSP, TFSA, RESP, LIRA, and cash accounts are all eligible. Minimum subscription is $10,000. The 2% bonus applies to every dollar above the minimum, all the way up.

If you would rather walk through the math against your specific account situation before subscribing, book a 15 minute call with one of us. We will pull up the targeted return projections for your subscription size and account type and show you the bonus and DRIP impact on your own portfolio.

$10K Minimum · RRSP / TFSA / RESP / LIRA Eligible

Targeted: 15% Annualized (7% cash monthly + 8% appreciation)

Subscribe by Canada Day for +2% bonus units (20 days left)

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

Talk soon,

PV, Mit & Jeff

P.S. Reply Bonus and one of us will run the bonus + DRIP projection on your specific subscription size and account type. Or click the subscribe button above to complete it now through Equivesto. The window closes at midnight July 1. There is no extension and no exception.

Pirasaanth Varatharajan Mithulan Perinpanayagam Jeff Wybo

PV, Mit & Jeff

Principals at Foundation Capital, managing 350+ apartment units across Southern Ontario.

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