True North Commercial REIT T.TNT.UN

RE:RE:RE:RE:September 2021 Distribution

[CanSiamCyp]

Hi Select!

Just out of curiosity - which private REIT are you invested in? And are you pleased with your multi-year experience with their performance?

We have approx. 2 M in Skyline products - spread across 3 REITs (Apartment, Commercial and Retail) and the Clean Energy Fund (solar and biomass under FIT contracts with the Gov. of Ont.).

We have had 15,600 units of TNT.un in a non registered account since 2018 - very pleased with the performance to date! As you mentioned the RoC characterization of the distribution is quite beneficial for a non registered account holder.

Cheers!

Select55 wrote: yes thanks for the reply  tfsa wont work as  to accumulate 750-1 million in shares  in a tfsa takes years  however most of its  roc for the first 10 years  and then taxed as a cap gain so not terrible tax like regular income I got 7.5 M in a private  reit  but because of re evaluations over the last 5 years the  yeild is down to like 6.5% and its currently closed to new money;; 

pandsca wrote: I believe it is a good investment.

I collect monthly divs accross 2 TFSA accounts on over 30,000 shares.
I've been in TNT since around 2015.

Last year, I did sell all at 8.15 SP, then later returned in March to purchase at 5.00 SP.

I reinvest in TNT (not DRIP) when I see the prices is ripe or use my divs to add to other stocks for diveristy.