Faircourt Gold Income Corp. Reveals Class A Share Redemption Details

Author: Owen Jenkins Updated: 05-01-2025 08:15 PM

Key Details of Faircourt Gold Income Corp.’s Redemption Process

Faircourt Asset Management Inc., managing Faircourt Gold Income Corp., has exciting updates for securityholders. For those who opted to redeem their Class A Shares, the net asset value per share is set at $3.9552. This value reflects a calculated average price from the last five trading days, showcasing the firm's strategic approach to asset management.

Understanding the Calculation of Net Asset Value

The net asset value is determined based on the five-day volume-weighted average price of the exchange-traded equity securities held within the Company. This sophisticated calculation ensures that the redemption price is reflective of the current market conditions, taking into account relevant brokerage fees and costs incurred during portfolio transitions.

Redemption Timeline and Payment Details

For shareholders who submitted their Class A Shares for redemption, payments will be fully processed on the designated date. Keep an eye out for May 21, 2025, as the confirmation of redemptions is finalized. It’s an important step for investors to stay informed about their investment choices.

Brokerage Fees and Investment Fund Insights

As an investor in Faircourt Fund, it’s crucial to consider potential brokerage fees that may apply when trading your shares on platforms like CBOE Canada or other Canadian trading systems. It’s common for investors to pay more than the net asset value when purchasing shares and receive less when selling. Understanding these dynamics can enhance investment strategies.

Exploring Further Information on Faircourt Funds

For those seeking additional insights about Faircourt Funds, resources are readily available. Reach out to Faircourt directly or explore their official websites for more intricate details surrounding your investments. The navigating of investment documents and public filings can provide substantial information, helping investors make informed decisions.

Investment Guarantees and Market Performance

As with all investment funds, it’s essential to remember that while they can present significant rewards, they are not guaranteed. The values of these funds can fluctuate frequently, and past performance is not indicative of future results. Thus, understanding the risks associated with investments is pivotal.

Frequently Asked Questions

What is the redemption price for Class A shares?

The redemption price for Class A shares is $3.9552 per share.

When will the payment for the redemption be made?

Payments for the redemption will be made in full on May 21, 2025.

Are there any fees associated with buying/selling units of the Trust?

Yes, brokerage fees may apply when purchasing or selling units of the Trust on exchanges.

Where can I find more information about the Faircourt Funds?

More information can be found on Faircourt's official websites or by contacting their support.

Are investment funds guaranteed?

No, investment funds are not guaranteed, and their values can change frequently.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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