What You Need to Know

Insurance Division Giveaway

Insurance Division Giveaway

by on April 1, 2021 with No Comments

  Our insurance division is running a contest for the month of April.   Grand Prize: Two night Staycation at your local Alt/Germain Hotel with a dinner or breakfast on us!* Four Weekly Prizes: to be showcased on our social media pages   How to Enter: Run a personal insurance quote on our website: Insurance | Meckelborg Financial Group (mfgltd.com)  under the “get a quote” section to be eligible. Be sure to include your full name and email address, limit … Read More

Northpoint Global Partners Fund – Financial Statements

Northpoint Global Partners Fund – Financial Statements

by on April 1, 2021 with No Comments

  Please click on the below link to view the 2020 Northpoint Global Partners Fund Financial Statements.   2020 Northpoint Global Partners Fund

Alignvest Student Housing – Opportunity

Alignvest Student Housing – Opportunity

by on March 1, 2021 with No Comments

Dear Investors,  We are excited to announce that Alignvest Student Housing (ASH) is acquiring two high-quality properties in Waterloo.  Additionally, ASH has entered a contract to acquire another asset in Ottawa.  The total value of these acquisitions is approximately $220M and will require $75M of equity to close.  In an effort to fund this growth, the REIT is raising $50M of equity.  The next closing date is scheduled for April 1st.     Existing unit-holders should consider making an additional investment … Read More

Term vs Permanent Life Insurance

Term vs Permanent Life Insurance

by on February 6, 2021 with No Comments

Understanding Life Insurance – Sun Life Financial Feature Their are two basic types of life insurance. Term can last for a set amount of time. Permanent can last for your entire life. But which one is right for you? Knowing their differences and benefits can help you find out.                                                       Term        … Read More

Pacific Calgary Opportunity Trust II – December 2020 Update

Pacific Calgary Opportunity Trust II – December 2020 Update

by on January 11, 2021 with No Comments

Pacific Calgary Opportunity Trust (PCOT II): Investor Update   January 2, 2021 –  We hope this update finds you and your loved ones safe, and that you were able to make the best of an unusual holiday season. The Coronavirus pandemic of 2020 has certainly challenged the resilience of the economy and businesses of all kinds, including land development. Thankfully, Pacific’s land investment model is itself resilient to unfavourable economic conditions. We look forward to better times as the province and the country worm … Read More

Alignvest Student Housing – Q3 2020 Management Report

Alignvest Student Housing – Q3 2020 Management Report

by on October 29, 2020 with No Comments

SEPTEMBER 30, 2020 – MANAGEMENT REPORT We are pleased to send you the September 30, 2020 Management Report of Alignvest Student Housing Real Estate Investment Trust (“ASH REIT”). September is the most important month for our REIT as it is the start of the school year. This year, in particular, with the onset of the “second wave” of the COVID-19 pandemic and uncertainty around university operations, we have been hyper-focused on occupancy and managing the health and safety of our … Read More

Alignvest Student Housing – Update

Alignvest Student Housing – Update

by on September 23, 2020 with No Comments

ASH Unitholders, September 1st is a very important date for our student housing assets. Most of our leases run on a September – September term. We wanted to provide some real time information as to how September appears to be going. The following attachment gives some raw numbers of our current portfolio. We wanted to provide some additional information in order to help best understand theses numbers and what they mean:   Our overall portfolio is 85%+ leased for the … Read More

Alignvest Student Housing – June 30, 2020 – Management Report

Alignvest Student Housing – June 30, 2020 – Management Report

by on August 18, 2020 with No Comments

We are pleased to send you the June 30, 2020 Management Report of Alignvest Student Housing Real Estate Investment Trust (“ASH REIT”). Throughout Q2 2020, the uncertainty with respect to COVID-19 has subsided with universities announcing their plans for the Fall 2020 term and our properties continuing to perform strongly. Our revenue collection stands at approximately 95% and our pre-leasing is approaching 90%. With this stability in place, we have shifted our focus on acquisition opportunities. We recently announced the … Read More

Alignvest Student Housing – Press Release

Alignvest Student Housing – Press Release

by on July 20, 2020 with No Comments

We’re very pleased that the REIT is completing its first acquisition in Western Canada. The University of Alberta is a Top 5 Canadian University and rated amongst the top 100 universities in the world. Should you have any questions or are interested in learning more, please do not hesitate to contact your MFG Portfolio Manager. Please see the below press release regarding Alignvest Student Housing.

Adventus Realty Trust – Q1 2020 Financial Statements and Report to Unitholders

Adventus Realty Trust – Q1 2020 Financial Statements and Report to Unitholders

by on June 12, 2020 with No Comments

Dear Adventus Investors, Please see the Report to Unitholders and the Q1 2020 update from Adventus’ management team.   Report to Unitholders Financial Statements – Q1 2020

Passive Income Rules

Passive Income Rules

by on June 10, 2020 with No Comments

Introduction 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 … Read More

Meet the Insurance Team

Meet the Insurance Team

by on May 25, 2020 with No Comments

We are thrilled to highlight our Insurance Team and introduce a new section of our blog to partner with our investment updates. Our inhouse Insurance experts have over 100 years of combined experience in the business. We will be updating periodically with articles and information we believe is important to our clients.     Click here to find out more: MFG Insurance Blast

Alignvest Student Housing – Q1 2020 Management Report

Alignvest Student Housing – Q1 2020 Management Report

by on May 20, 2020 with No Comments

We are pleased to highlight the March 31, 2020 Management Report from Alignvest Student Housing Real Estate Investment Trust (“ASH REIT”). On March 11, 2020, the World Health Organization declared COVID-19 a pandemic. In response, we immediately paused on the multiple acquisitions we were working on and shifted our focus to mitigate the impact of the pandemic to our employees and tenants, and to ASH REIT’s broader business. We are pleased to report that we are on track to collect … Read More

Alignvest Strategic Partners Fund Quarterly Report

Alignvest Strategic Partners Fund Quarterly Report

by on May 20, 2020 with No Comments

  We are pleased to highlight the first quarter 2020 report for Alignvest Strategic Partners Fund. The Q1 update discusses performance over the past quarter and their thoughts going forward. As referenced, the estimate for April 2020 performance is 5.3% bringing the year-to-date performance of the Fund to -8.6%. Additional information on the Alignvest Strategic Partners Fund can also be found on their website.    

Alignvest Student Housing – Announcement and Update

Alignvest Student Housing – Announcement and Update

by on May 11, 2020 with No Comments

Please see the latest addition to the Alignvest Student Housing team. We are very happy to have Nancy Lockhart join the board. Management has also provided some very relevant information on the performance of the REIT in two additional Flash Reports. Please see below. We are pleased to announce that Nancy Lockhart has been appointed as a Trustee of Alignvest Student Housing REIT, effective immediately. Ms. Lockhart is a director of George Weston Limited, Choice Properties REIT and Atrium Mortgage … Read More

StoreWest Dufferin LP – Spring 2020 Update

StoreWest Dufferin LP – Spring 2020 Update

by on May 6, 2020 with No Comments

  Despite our next scheduled update not being until July, the General Partners (GP) of StoreWest Dufferin LP felt it was important to communicate with everyone considering the current uncertainty surrounding COVID-19. We will cover off both segments of the business in order.   Great White Car & Truck Wash This business is currently open and operational. However, in the wake of the COVID-19 Pandemic, we have made adjustments on an operational basis to ensure we are adhering to current … Read More

Alignvest Student Housing – Flash Report

Alignvest Student Housing – Flash Report

by on April 21, 2020 with No Comments

Please find below the most recent update on Alignvest Student Housing. Management wanted to share the latest numbers regarding the lease up for the 2020/2021 school year and the collection of April rents. In summary, we are ahead of where we were last year with respect to leasing for the upcoming school year. Our properties are proving to be highly desirable and some of the feedback received has been that higher quality properties are even more in favour during these … Read More

Adventus Realty Trust: Covid-19 Update

Adventus Realty Trust: Covid-19 Update

by on April 15, 2020 with No Comments

Dear Adventus Investors, Please see the below update from Adventus’ management team. As you will see, they are taking a prudent and conservative approach throughout these unprecedented times and we commend them for doing so. We will continue to engage with management to better understand the challenges they are facing as the COVID-19 situation continues to unfold. We will keep you informed as additional information is provided.   Please see below: 2020.04.09 – Adventus Realty Trust Provides COVID-19 Update, Temporary … Read More

COVID-19 Update and 2019 Annual Management Report

COVID-19 Update and 2019 Annual Management Report

by on April 1, 2020 with No Comments

Please see the annual report from Management that includes audited 2019 financial statements. The section in the report entitled “2019 Year In Review” does a good job highlighting the success we have had during the year. COVID-19 is obviously top of mind for everyone these days including students, universities and property owners. Management has done a good job highlighting our efforts thus far in planning for COVID-19. Our staff and students are our number one priority. This is outlined in … Read More

Alignvest Student Housing – Q4 2019 Management Report

Alignvest Student Housing – Q4 2019 Management Report

by on March 27, 2020 with No Comments

DECEMBER 31, 2019 – MANAGEMENT REPORT   Please see the attached for the December 31, 2019 Management Report of Alignvest Student Housing Real Estate Investment Trust (“ASH REIT”). As of December 31, 2019, we have acquired seven of Canada’s premier purpose-built student accommodation (“PBSA”) properties and have over 3,300 beds valued at ~$400 million in four university markets.   We are excited about the progress we have made over the past 18 months, raising substantial amounts of equity capital and … Read More

Alignvest Strategic Partners Fund Quarterly Report

Alignvest Strategic Partners Fund Quarterly Report

by on March 27, 2020 with No Comments

  Please see the attached for our fourth quarter 2019 report for Alignvest Strategic Partners Fund. The Q4 update discusses performance over the past quarter and our thoughts going forward. Q4 2019 Performance • Alignvest Strategic Partners Fund was up 2.7% (Class F, net of fees) during Q4 2019. The Fund delivered a 2019 calendar year net return of 10.2% while maintaining the same ~4.5% annualized volatility as we have since inception.    

COVID-19 Update from MFG

COVID-19 Update from MFG

by on March 17, 2020 with No Comments

  March 17, 2020   Dear clients and friends of MFG, We are carefully monitoring the current novel coronavirus (COVID-19) outbreak. We must take appropriate actions to limit the impact of the virus on our community, particularly by focusing on the safety of our clients, employees and their families. We have instituted our business continuity plan with a view to proactively anticipate and respond to any potential for business interruption, including restricted business travel, work from home protocols where appropriate, … Read More

Adventus Update

Adventus Update

by on February 24, 2020 with No Comments

Please see the below update from Adventus’ Management Team. Some key highlights of the report are: A new acquisition has been announced in Dallas, Texas. This is important as it brings a third major market into the portfolio and would also have the REIT achieve an asset value of over US$1 billion. Over the last couple of years, Management has indicated that the US$1 billion mark would be important for a solid exit. Adventus also announced a major lease renewal … Read More

StoreWest Chestermere Self-Storage LP

StoreWest Chestermere Self-Storage LP

by on February 10, 2020 with No Comments

2019 Winter Update   We’re pleased to report that this project has been going very well. The RV and boat storage portion of the business is now at 80% occupancy and the existing storage facility is at 40% occupancy and strongly trending in the right direction. Management went through a process this summer to better understand if expanding the storage facility would add value to the project. As a result of their findings, the decision has been made to significantly … Read More

StoreWest Dufferin LP Update

StoreWest Dufferin LP Update

by on February 4, 2020 with No Comments

We have been very encouraged by the operating results from the newly opened car/truck wash. The business model is very stable with the majority of revenue coming from car wash monthly memberships (currently over 500 with a goal to get to 1,500-2,000); and fleet contracts for trucks (currently 40 fleet contracts and the demand has been so high that they have to be very selective not to overload the system). The car and truck wash is looking like it is … Read More

5 Reasons for an RRSP

5 Reasons for an RRSP

by on January 30, 2020 with No Comments

There are some great reasons to open a Registered Retirement Savings Plan (RRSP) to save for your retirement. Here are the top 5 reasons to open an RRSP:   Contributions are tax deductible You can claim your RRSP contribution as a deduction on your tax return and even carry forward unused space to a future year where you may have a higher income. All of this combined means that your retirement savings pot can grow even faster.   Savings grow … Read More

Join our Team: Financial Planner

Join our Team: Financial Planner

by on January 16, 2020 with No Comments

Meckelborg Financial Group Ltd (MFG) is a full-service boutique wealth management firm providing discretionary Portfolio Management, Financial Planning and Insurance to our high net-worth families, corporations, foundations and small institutions. MFG is growing and wanting to add a qualified Financial Planner to compliment our team. Are you looking for an opportunity to work with a forward-thinking organization that continues to raise the bar and create differences in the industry? We are looking for someone who is driven, has an entrepreneurial … Read More

Alignvest Student Housing – Q3 2019 Management Report

Alignvest Student Housing – Q3 2019 Management Report

by on November 21, 2019 with No Comments

ALIGNVEST STUDENT HOUSING Please see the attached Q3 management report for Alignvest Student Housing. September is management’s most important month of the year as students are back and classes are starting. We feel management has done a good job over the quarter leasing up the building and achieving better than forecasted operating results. This was primarily reflected in the 10% increase in the Net Operating Income being generated by the properties. In addition, occupancy continues to be very strong with … Read More

Evolution of Dental Medicine Summit hosted by The Aurum Group

Evolution of Dental Medicine Summit hosted by The Aurum Group

by on November 6, 2019 with No Comments

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

Alignvest Strategic Partners Fund Quarterly Update

by on September 10, 2019 with No Comments

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

Alignvest Student Housing – Q2 2019 Management Report

by on August 20, 2019 with No Comments

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

Alignvest Student Housing – Q1 Management Report

by on May 21, 2019 with No Comments

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

Alignvest Student Housing 2018 – Management Reports

by on April 16, 2019 with No Comments

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

Alignvest Student Housing – Investment Rationale

by on March 26, 2019 with No Comments

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

Student Housing Major Milestone Achieved

by on March 6, 2019 with No Comments

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

Planning for the New Passive Income Rules Affecting Private Corporations

by on February 11, 2019 with No Comments

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

Alignvest Strategic Partners Fund Quarterly Report

by on February 11, 2019 with No Comments

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