OCMI MUTUAL FUND TRUST
What is a mutual fund trust (MFT)?
It is similar to the structure of a Limited Partnership (LP).
Instead of a General Partner taking care of operations for the LP, the mutual fund trust has a Trustee and Unit Holders instead of the Limited Partners.
The same level of protection applies: Unit Holders only risk their original investment, maintaining their limited liability status.
The Trustee invests in real estate projects.
The benefit of a MFT is its ability to accept cash, RRSP, RESP, LIRA, and TFSA funds.
MFTs operate as a flow-through entity and are tax-efficient, flowing income and capital gains to investors.
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