Generally, securities offered to the public in Ontario must be issued with a prospectus, but there are exceptions. These exemptions are called prospectus exemptions. The offering memorandum (OM) prospectus exemption allows companies to sell securities to a wide range of investors based on an offering memorandum being made available to investors. An offering memorandum is a document that outlines a company’s business and affairs.
Anyone can buy securities under this exemption, but there are limits depending on whether an investor is an eligible or non-eligible investor.
Eligible Investor
In Canada, the details of the official definition of an eligible investor
and who qualifies as one can be found in section 1.1 of the National Instrument 45-106.
Eligible investors can invest a maximum of $30,000, cumulatively, for all investments made subject to the OM Exemption in any twelve-month period unless they receive advice from a portfolio manager, investment dealer or exempt market dealer, in which case they can invest up to $100,000.
Ineligible Investor
If you do not meet the definitions of an eligible or accredited investor, you are considered an “ineligible” investor. However, this does not mean you cannot participate.
Non-eligible investors can invest a maximum of $10,000, cumulatively , for all investments made subject to the OM Exemption in any twelve-month period unless they receive advice from a portfolio manager, investment dealer or exempt market dealer, in which case they can invest up to $100,000.and who qualifies as one can be found in section 1.1 of the National Instrument 45-106.
Eligible Investor | Ineligible Investor | In Canada, the details of the official definition of an eligible investor
and who qualifies as one can be found in section 1.1 of the National Instrument 45-106.
There are more instances where you may qualify as an eligible investor. We invite you to complete create profile to complete our 5-min KYC questionnaire and speak to one of our licensed dealing representatives to determine your eligibility so you don’t miss out on any opportunities. | If you do not meet the definitions of an eligible or accredited investor, you are considered an “ineligible” investor. However, this does not mean you cannot participate.
Non-eligible investors can invest a maximum of $10,000, cumulatively , for all investments made subject to the OM Exemption in any twelve-month period unless they receive advice from a portfolio manager, investment dealer or exempt market dealer, in which case they can invest up to $100,000.and who qualifies as one can be found in section 1.1 of the National Instrument 45-106. There are more instances where you may qualify as an eligible investor. We invite you to complete create profile to complete our 5-min KYC questionnaire and speak to one of our licensed dealing representatives to determine your eligibility so you don’t miss out on any opportunities. |
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Your investor eligibility is a great starting point for talking to a financial professional.
Take 5 minutes to fill out our know-your-client questionnaire and a Fundscraper licensed Dealing Representative will reach out to you about your results and how to get started with real estate investing.
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SECURITIES DESCRIBED ON THIS WEBSITE ARE OFFERED BY FUNDSCRAPER CAPITAL INC. IN ITS CAPACITY AS AN EXEMPT MARKET DEALER REGISTERED WITH THE ONTARIO SECURITIES COMMISSION (AND EQUIVALENT REGULATORY AUTHORITIES IN OTHER JURISDICTIONS IN CANADA) AND NOT IN ITS CAPACITY AS A MORTGAGE BROKERAGE UNDER THE FINANCIAL SERVICES REGULATORY AUTHORITY OF ONTARIO.
The information presented on this website may consist of investment opportunities that include projections and forecasts based upon information, including forward-looking assumptions and estimates. There can be no assurance whatsoever that these projections and forecasts will be achieved. Readers should refer to the offering documents contained within each investment opportunity only for full details including risks relating to such opportunities. In addition, Readers should consult with their investment advisor and other advisors, including legal and tax, before making any investment through Fundscraper. Fundscraper may also be a “related” issuer (as such term is defined in National Instrument 33-105—Underwriting Conflicts) of a party offering securities on this website. Readers who are considering purchasing any investment from this website should read the applicable offering materials, including any related offering memorandum, before making an investment decision.
Information provided on this website is for the confidential use of only those persons to whom have qualified access to the Fundscraper website. Any offering materials provided on the site constitute an offering of securities only in those jurisdictions and to those persons where and to whom they may lawfully be offered for sale. These offering materials are not, and under no circumstances are to be construed as a prospectus or an advertisement for a public offering of these securities. No securities commission or similar authority in Canada or elsewhere has in any way passed upon the merits of the information on this site or securities offering in the offering materials and any representation to the contrary are an offence. Persons who acquire securities pursuant to the information on this site and offering materials provided on this site will not have the benefit of the review of these documents by any securities commission or similar authority.
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