Fund Description
The Real Estate Split Corp. invests in a diversified, actively managed, high conviction portfolio of Real Estate Issuers engaged in e-commerce, data infrastructure as well as the multi-family, retail, office and healthcare sectors.
Real Estate Split Corp. offers two type of shares, i) Class A shares that pay monthly distributions representing a yield of 8.0% per annum on the issue price of $15.00 and offer the opportunity for capital appreciation potential; and ii) preferred shares that pay a quarterly distribution representing a yield of 5.25% per annum on the issue price of $10.00.
Key Reasons to Invest:
- exposure to the underlying performance of a high conviction portfolio of real estate issuers in a unique split share structure
- the Preferred Shares provide investors with a stable stream of tax efficient income paid quarterly and have a priority claim on the assets of the Fund ahead of the Class A shares
- the Class A Shares provide investors with all of the capital appreciation potential of the Fund’s assets as well as a targeted monthly distribution generated by capital gains and excess dividend income after the preferred share distributions have been paid
