How are dividends on Investment Shares paid?

Dividends are declared by the Board of Directors each December. Dividends may be reinvested in additional    shares or paid out as cash. The Offering Statement for each Series provides full details.

How long is the term – when can I cash in?

Investment Shares are typically purchased by members with a long-term investment horizon. Members who originally purchased Investment Shares were subject to a minimum five year term. Members who wish to redeem or transfer their Shares may do so after the initial five year term, subject to the parameters detailed in the Offering Statement.

Can I sell my Investment Shares to another member or buy more?

Yes. If a member makes a request to sell their Shares or indicates interest in purchasing additional shares, abiding by Board policy Tandia will attempt to accommodate these requests by matching members who want to sell with those are interested in purchasing. Shares may be transferred between Tandia members only.

Tandia cannot guarantee that is will be able to facilitate any transfer requests. To initiate the sale or transfer of Investment Shares or to request the purchase available Investment Shares from an existing Series, please visit your branch or contact the Member Solutions Centre.

What is the tax treatment for non-registered investments in these Shares?

Members receive a T5 for reporting interest income annually.

Can registered funds be invested into these Shares?

Both RRSP and TFSA funds are eligible for Investment Shares. RRIF funds are eligible too – please speak to a Member Solutions Advisor to determine the best plan for including Investment Shares in your RRIF portfolio.

Are Investment Shares included in member statements?

Yes, ‘Details of Investment Shares’ for each Series along with the amount are included in your regular Tandia statements.