The five most common questions we are getting this week from prospective investors. Direct answers. No marketing gloss. Six days until the bonus closes.
PV, Mit & Jeff
If any of these have been quietly keeping you on the sidelines, today is the letter for you. Direct answers, no gloss. Six days left.
Six days until the FCPRET Canada Day 2% bonus closes at midnight July 1. The same five questions are coming up in almost every conversation this week. Today, we just answer them.
Midnight Eastern on July 1, 2026. A subscription is "completed" once Equivesto has received your signed documents and the funds have arrived in the dealer trust account. The signed subscription needs to be in by July 1 to qualify. If you are subscribing from a TFSA or RRSP via account transfer, start the transfer a few days before the deadline because transfers from other institutions can take time.
Bonus units are real units. They earn distributions and appreciate alongside the rest of your position. If you request a redemption inside the standard redemption window, the bonus units are part of your position just like the units you subscribed for. There is no separate vesting schedule on the bonus units. The reason to hold is the compounding, not a lock-up.
Mit and Jeff sit down with Canadian real estate investors on what is actually breaking the market right now, and how disciplined operators are positioning around it.
$10,000. No cap. The 2% bonus applies to every dollar above the minimum. There is no separate "VIP" tier and no special treatment for large subscriptions on the bonus, the targeted return, or the distribution schedule. Everyone gets the same fund and the same bonus rate.
Yes. FCPRET is eligible for RRSP, TFSA, RESP, LIRA, and non-registered cash accounts. If you are subscribing inside a registered account, Equivesto walks you through the trustee account setup as part of the subscription. We covered which account fits which investor profile in yesterday's letter. If you need a hand on the account choice for your specific situation, that is what the 15 minute call is for.
The honest answer is in the offering documents. Targeted returns are not guaranteed. All investments involve risk and may result in loss of principal. What we can say structurally is that FCPRET has met or exceeded its targeted return every year since inception, including through the recent rate cycle and the technical recession we are now exiting. The architecture (existing stabilized buildings, CMHC backed debt, mid market rent, monthly distribution from operating cash flow) is built to deliver across cycles, not on a tailwind. The way to size the position is from the patient capital part of your portfolio, not from money you would otherwise need within 12 months.
The most common pattern under the five questions above is the one that does not get asked out loud. "Should I do this in time for the bonus, or wait until I have completely talked myself into it?" The honest answer: the bonus is a real piece of value, the window closes on July 1, and if you have read this far you have probably done enough diligence to make a decision. The 15 minute call is the bridge from "almost decided" to "subscribed."
The Canada Day 2% bonus on FCPRET runs for another 6 days.
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 Canada Day for +2% bonus units (6 days left)
Talk soon,
PV, Mit & Jeff
P.S. If you have a question we did not answer above, reply to this email with it and one of us will get back to you the same day. The Canada Day 2% bonus closes at midnight July 1. Six days left.
