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Flow-Through LP Rollovers & Mutual Fund Redemptions

Terra Mutual Funds are valued monthly. The price of a mutual fund share is calculated in Canadian dollars at 4:00pm on each Valuation Date. The "Valuation Date" means the last business day of any month on which the TSX is open for business. Redemptions are processed through your Dealer or directly through Terra, depending on where the LP units were held. Redemption requests must be submitted prior to 4:00PM on the month-end Valuation Date.

FTLP Rollovers

The 2016 Short-Term Flow-Through LP assets are anticipated to rollover into a Terra Corporate Class Mutual Fund between June and November 2017. Upon completion of the rollover, investors will receive redeemable mutual fund shares, which they can choose to retain, donate, redeem or re-invest.

The assets of the 2005, 2006, 2007, 2008, 2011 and 2012 Flow-Through LPs have rolled into Terra's Small Cap Resource Mutual Fund. The assets of the 2009 and 2010 Flow-Through LP have rolled into Terra's Resource ETF Mutual Fund. The assets of the 2013, 2014 and 2015 Flow-Through LPs have rolled into Terra's Small Cap Growth Mutual Fund. Investors received redeemable mutual fund shares, which they can choose to retain, donate, redeem or re-invest. Redemptions are processed through your Dealer or directly through Terra, depending on where the LP units were held. Shares may be redeemed provided that a redemption request is submitted prior 4:00PM on the month-end Valuation Date.

MF Redemptions

Terra Redemptions are executed monthly, based on the net asset value (NAV) on the last business day of the month. Electronic redemptions are fulfilled on the 5th business day after month end. Direct redemptions are fulfilled by the 15th day after month end. Terra does not charge redemption fees on most mutual funds. Please contact Terra for more information.

Registered Dealer Redemptions
If your Terra Flow-Through LPs were purchased through a Registered Dealer and are held "on-book", please contact your Investment Advisor and request that they submit an electronic redemption order.

Direct Redemptions
If your Terra Flow-Through LPs were purchased directly and are still held "off-book", please complete and either fax the Redemption Form to Terra at 416-203-1544 or email a scanned copy of the completed form to info@terrafunds.ca. To obtain a Redemption Form, please contact Terra at info@terrafunds.ca or 1-888-449-4645.

 
 
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