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UMC Financial Management Inc. > Investing > UMC Real Estate Fund

UMC Real Estate Fund

UMC real estate investments are commercial or residential properties that are purchased and leased to quality, long-term tenants and are managed by Tara Vista Holdings Ltd. (a division of UMC Financial Management Inc.).

Investors in the fund enjoy holding a diversified real estate portfolio that earns an income return along with a yearly capital gains return.

Examples of real estate investments held by UMC clients include:

  • Office buildings
  • Multifamily
  • Retail outlets
  • Industrial buildings
  • Multi-tenant commercial buildings
  • Restaurants
  • Hotels
Fund Summary
Performance
Documents
How to Invest

Fund Type

Open-ended pooled real estate fund

Date of Inception

January 1, 2021

Assets Under Management (AUM)1

$54,699,248.81

Eligibility

Non-registered

Unit Value

$1.00

Minimum Investment

No Minimum Investment

Redemption Restrictions2

Semi-Annual (January 1, July 1)

Purchase Frequency2

Semi-Annual (January 1, July 1)

Distribution Frequency

Quarterly

Management Fee

0.60% of AUM per year

Number of Investments1

18

Debt to Assets1

14.67%

1 – As of December 31, 2023.

2 – Units may be redeemed semi-annually; however, payment in cash may be delayed subject to cash availability.

PORTFOLIO METRICS3

Number of Investments – 18

Assets Under Management – $54,699,248.81

Property Type

% Total Assets

Industrial

30.13%

Residential

19.30%

Office

17.36%

Hotel

15.54%

Retail

10.49%

Non-Property Assets

7.18%

Total

100.00%

Location by Province

% Total Assets

Alberta

32.13%

Northwest Territories

20.74%

Manitoba

18.97%

British Columbia

15.54%

Saskatchewan

5.45%

Non-Property Assets

7.18%

Total

100.00%

FUND REPORTS

Introduction to UMC Real Estate Fund – PDF

FINANCIAL STATEMENTS

Audited Financial Statements – PDF

More information about how to invest in the UMCReal Estate Fund:

  • Investment relies on the Accredited Investor exemption for individuals, corporations, and registered charities.
  • To qualify as an individual:
    • An individual who has a before tax income of over $200,000 for at least two years in a row ($300,000 if combining income with a spouse) and expects to exceed that income the current calendar year.
    • An individual, alone or with a spouse, who has net assets of more than $5 million
    • An individual who, either alone or with a spouse, beneficially owns aggregate financial assets of more than $1,000,000, before taxes but net of any related liabilities.
    • A person registered in Canada, under securities legislation, as a dealer or an adviser.
  • To qualify as an entity:
    • A registered charity under the Income Tax Act that has obtained advice from an eligibility adviser or an adviser registered under the securities legislation of the jurisdiction of the registered charity to give advice on the securities being traded.
    • A corporation that has net assets of at least $5,000,000 as shown on its most recently prepared financial statements.
    • A corporation where all the owners of interests, direct, indirect, or beneficial, except the voting securities required by law to be owned by directors, are all accredited investors.  The directors’ qualifications as accredited investor(s) are:
      • Net financial assets, alone or with a spouse, in excess of $1,000,000.
      • Individual income of over $200,000 per year in each of the two previous calendar years; or combined income with a spouse of over $300,000 in each of the previous two calendar years.

HOW TO INVEST

Units of the Trust may be purchased through a registered Investment Advisor from UMC Financial.  To purchase units, please contact Clement Lavoie:

Registered Investment Advisor