Evolution of Dental Medicine Summit hosted by The Aurum Group

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MFG is headed to Whistler! We’re excited to be a sponsor of the 2019 Evolution of Dental Medicine Summit hosted by The Aurum Group. This event, which runs from November 7-9, is a chance for those in the dental and medical professions to enhance both their personal and professional lives by gaining access to world leaders in medicine, technology and business.     This is Aurum’s third Summit (2015/2017/2019) and we’re proud to have been a part of each one! … Read More

Alignvest Strategic Partners Fund Quarterly Update

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Q2 2019 Performance   Alignvest Strategic Partners Fund was up 0.2% (Class F, net of fees) during Q2 2019.  The fund experienced a modest gain during a quarter that proved volatile in terms of swings.  We are generally pleased with the first half of the year, having delivered a return of 6.1% with moderate volatility.   Please click below to view our Q2 2019 performance report.    

Alignvest Student Housing – Q2 2019 Management Report

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ALIGNVEST STUDENT HOUSING   JUNE 30, 2019 – MANAGEMENT REPORT We are pleased to send you the June 30, 2019 Management Report of Alignvest Student Housing Real Estate Investment Trust (“ASH REIT”). As of June 30, 2019, we have acquired seven of Canada’s premier purpose-built student accommodation properties and have over 3,300 beds worth over $384 million in four markets. We are focused on the roll-out of best practices across our entire portfolio and we have commenced the integration of … Read More

Alignvest Student Housing – Q1 Management Report

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MARCH 31, 2019 – MANAGEMENT REPORT We are pleased to present to you the March 31, 2019 Management Report of Alignvest Student Housing Real Estate Investment Trust (“ASH REIT”). As of March 31, 2019, we have acquired three of Canada’s premier purpose-built student accommodation properties and we recently closed the acquisition of four additional high-quality properties, increasing our bed count to over 3,300 and our asset value to ~$400 million. We are focused on the roll-out of best practices across … Read More

Alignvest Student Housing 2018 – Management Reports

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ASH unit holders, Please see the attached Annual Report. We are very pleased to announce that we have removed conditions on our transformational acquisition and it is scheduled to close at the end of April. We are closing the current equity financing round on April 19, 2019. Thanks for everyone’s support thus far. Many unit holders have made additional investments. ASH – 2018 Annual Management Report

Alignvest Student Housing – Investment Rationale

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Alignvest Management Corporation, a promoter of the REIT, is a leading international alternative investment management firm with over $1 billion of AUM that seeks to deliver exceptional risk adjusted returns for our clients by identifying and exploiting market discontinuities and attracting the very best talent to build industry leading platforms. “ASH provides investors with access to Alignvest’s institutional investment platform and an experienced team focused exclusively on acquiring high-quality, purpose-built student accommodations across the country that provide our Unitholders an … Read More

Student Housing Major Milestone Achieved

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We are back at it again. We have lined up another exciting acquisition. The current acquisition adds a tremendous amount of value and is completely transformational. The following key things will be accomplished with this acquisition; Adds 4 new buildings that are located near tier one Universities in Canada. This brings our total to 7 Buildings and over 3,300 beds. We are now the largest owner operator of Purpose Build Student Housing “PBSA” in Canada. Diversifies the REITs asset base … Read More

Planning for the New Passive Income Rules Affecting Private Corporations

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In July 2017, Finance Minister Bill Morneau announced potential options for changing the taxation of investment income earned by private corporations. The proposed changes were strongly opposed by many stakeholders and, in October 2017, Minister Morneau announced that changes would be made to the proposed new rules and that draft legislation would be released as part of Budget 2018. The resulting highly anticipated Budget was tabled by Minister Morneau on February 27, 2018. While Budget 2018 has scaled back many … Read More

Alignvest Strategic Partners Fund Quarterly Report

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Dear Investors, We are pleased to send you our fourth quarter 2018 report for Alignvest Strategic Partners Fund.  The Q4 update discusses performance over the past quarter and our thoughts going forward.  Moreover, it includes a snapshot of the portfolio holdings as of the start of 2019. Q4 2018 Performance Alignvest Strategic Partners Fund was down 4.65% (Class F, net of fees) during Q4 2018 and ended 2018 down 2.53% in what turned out to be a volatile year for world markets.  Performance was within expectations given our 45% weight … Read More