Faircourt Asset Management Inc. Announces August Distributions
Faircourt Asset Management Inc., as the Manager of the Faircourt Funds, is pleased to announce the monthly distributions for the Shares and Trust Units of the Faircourt Gold Income Corp. and Faircourt Split Trust. The distribution amounts per share/unit and the corresponding ex-dividend date, record date, and payable date are listed below.
Distribution Details
- Faircourt Gold Income Corp. (FGX): $0.024 per share
- Ex-Dividend Date: August 30, 2023
- Record Date: August 31, 2023
- Payable Date: September 15, 2023
- Faircourt Split Trust (FCS.UN): $0.015 per unit
- Ex-Dividend Date: August 30, 2023
- Record Date: August 31, 2023
- Payable Date: September 7, 2023
Faircourt Asset Management Inc. serves as the Investment Advisor for both funds. Please note that this press release is not intended for distribution in the United States or over United States wire services. For more information about the Faircourt Funds, please visit the official website at www.faircourtassetmgt.com or contact 1-800-831-0304.
Investors should be aware that brokerage fees may apply when purchasing or selling Trust Units on the NEO Exchange or other alternative Canadian trading systems. The market price of the Trust Units may differ from the net asset value at the time of purchase or sale. Additionally, owning units of an investment fund involves ongoing fees and expenses. Detailed information about the funds can be found in the public filings available at www.sedar.com. Investment funds are not guaranteed, and their values can fluctuate. Past performance is not indicative of future results.
Hot Take: Impact of Faircourt Asset Management Inc.'s August Distributions on New Businesses
The announcement of the August distributions by Faircourt Asset Management Inc. could have significant implications for new businesses, particularly those considering investment in the Faircourt Funds. The distributions for the shares and trust units of Faircourt Gold Income Corp. and Faircourt Split Trust could be an attractive prospect for new businesses looking to diversify their investment portfolios.
Investment Opportunities and Risks
While the distributions present potential investment opportunities, new businesses must also be aware of the associated risks. The market price of the Trust Units may differ from the net asset value at the time of purchase or sale, and owning units of an investment fund involves ongoing fees and expenses.
Understanding the Investment Landscape
Furthermore, the role of Faircourt Asset Management Inc. as the Investment Advisor for both funds underscores the importance of understanding the investment landscape. New businesses must ensure they have the necessary knowledge and expertise to make informed investment decisions.
Future Performance
Lastly, the fact that investment funds are not guaranteed and their values can fluctuate is a crucial consideration. Past performance is not indicative of future results, and new businesses must be prepared for potential fluctuations in their investments.
In conclusion, while Faircourt Asset Management Inc.'s August distributions could present investment opportunities for new businesses, they also highlight the complexities and risks associated with such investments. New businesses must therefore approach these opportunities with caution and due diligence.
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