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ACB Information for Limited Partners

Investors frequently request tax related information with regards to their Terra Flow-Through Limited Partnership investment. Each link below provides the adjusted cost base (ACB) for each Terra Flow-Through Limited Partnership that has rolled over to a Terra mutual fund. Active partnerships are not listed until they have rolled over to a Terra mutual fund.

The ACB per share is updated on an annual basis after taking into account deductions, interest distributions, capital gains and dividends (if any) paid to shareholders of the fund. The ACB is generally used for the calculation of tax-related dispositions on the part of shareholders.

Investors who have redeemed a portion or all of their mutual fund shares received from a rollover transaction should use the ACBs listed in the links below when determining the capital gains tax owing. Investors who have not redeemed their mutual fund shares received from the rollover transaction have deferred the capital gains tax owing and do not have to calculate the capital gains tax owing until they are redeemed.

Terra Flow-Through Limited Partnership ACBs - 2005 to 2010

Terra Flow-Through Limited Partnership ACBs - 2011 to 2013

Terra Flow-Through Limited Partnership ACBs - 2014 to 2016

Note 1: Issue costs are deductible for tax purposes over 5 years. Undeducted costs reduce ACB at rollover.

Note 2: Information on unamortized issue costs and how they can be deducted can be found in the "Notice to Former Unitholders" for the corresponding Terra issue. Copies can be downloaded from the "Undeducted Issue Costs" section of the "Tax" tab on our website.

Disclaimer: The information provided here should not be considered tax advice, and investors will need to consult a tax professional for advice and to determine any tax implications from the disposition of their mutual fund shares. Terra does not warrant the completeness or accuracy of any of the data contained in or provided by the adjusted cost base estimates above as multiple rollovers, individual transactions, dispositions upon death, all may affect the ACB for each individual. In no event shall Terra, the general partner of each Terra Limited Partnership be held liable for any damages, costs, expenses or assessments resulting from the use or misuse of any information provided hereby. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

 
 
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