(604) 830-2438

 

OCMI MFT IS ONBOARDING

Creating a real estate mutual fund trust is the culmination of an 18 year goal.

The OCMI Mutual Fund Trust is ready and accepting registrations at ParvisInvest.com for the Lougheed Landmark Coquitlam project.

For years, investors have desired to use their registered funds to maximize returns in real estate assets instead of in mutual funds.

Before, we only accepted non-registered funds with a $100,000 minimum investment.

Today, we accept non-registered funds and RRSP, LIRA, and TFSA with a $25,000 minimum investment.

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WHAT IS RISK?

Risk is the possibility of loss or injury.

Every day we encounter numerous risk factors: driving a car, taking a bus, flying in a plane, crossing the street, playing slots at a casino, placing a bet, buying a second hand appliance or vehicle, buying a home, buying a piece of land, the list goes on.

Whether the risk is physical or financial, we manage risks to alleviate the worst case known as risk management or risk mitigation.

The graduated driver’s licensing system in BC is designed to create safer drivers and foster accident prevention.

Life insurance is used as a financial resource for business and family matters in the event of premature death.

Skydivers and scuba divers take training first to enjoy an extreme sport while managing the potential life-threatening risks.

In the same way, investors need education to become financially literate.

They do so by starting out with small investing steps and working their way to bigger investments as they develop their financial acumen.

Ignorance is not bliss, but knowledge is power.

July Ono.

 

WESTERN PACIFIC TRUST COMPANY

We have partnered with Western Pacific Trust Company (WPTC) that allows investors to self-direct their registered funds.

For example, I can open an account at WPTC and transfer the funds within my existing RRSP and TFSA accounts or open a new RRSP or TFSA account, for a nominal annual fee.

If you don’t know which online forms apply to you, you may email them at info@westernpacifictrust.com.

WHAT IS ACCREDITED?

There is a common misconception that there is a certification process to become an accredited investor.

Not so; a Person simply needs to meet the income or net worth requirement.

The burden of proof lies with the issuer of the investment fund to verify your accredited status.

However, there is are exceptions for certain types of exempt investors that include close family members, friends, and business associates.

WHAT IS KYC?

KYC stands for Know Your Client, a compliance requirement, that every investment dealership must comply with to determine suitability between the investor and the investment.

KYC is very common in all real estate transactions from buying a house to an apartment building.

The Canadian government requires all financial institutions to collect information from investors to verify the identity of persons and entities.

WHAT IS AML?

AML stands for Canada’s Anti-Money Laundering and Anti-Terrorist Financing Regime Strategy, also referred to as PCMLTFA (Proceeds of Crime (Money Laundering) and Terrorist Financing Act.

Did you know that funds for all investments are tracked by FINTRAC (Financial Transactions and Reports Analysis Centre of Canada).

WHY INVEST IN REAL ESTATE?

RETIREMENT INCOME: REAL ESTATE FOR STABILITY

Real estate, particularly rental properties, offers stable income in retirement, supplementing traditional funds. With potential appreciation and tax benefits, it enhances financial security. Careful planning, including diversification and market research, is vital for a resilient retirement strategy.

About July Ono.

JulyOno.com is a marketing platform for a real estate investment company. We have been actively involved in the Lower Mainland area real estate investing for a number of years.  Our mission is to provide local housing and commercial workspace to quality tenants while at the same time providing an above average return on investment (R.O.I.) for our investor partners and for ourselves. It is truly a win-win-win way of investing!

July offers her investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact July Ono.

For more information about July and her investment program, please call (604) 830-2438 and email her at july@julyono.com or visit https://julyono.com/