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.