NAVs
TER322
TER422
Class A & F
(estimated)
- Per $100 investment -
April Commentary
The decline in commodity prices accelerated in April for base metals and critical minerals (lithium down 28%, cobalt down 32% in 2023) and largely due to nervousness caused by moderate demand from China, fear of a fast-approaching recession and problems in the US banking sector. Although gold bullion has been performing extremely well, precious metals exploration stocks continue to lag & were also down over the month. The TSXV is extremely undervalued and trading as low as it was in 2015, with many producers having a price-to-earnings (P/E) ratio below 10. Underinvestment in the mining sector and the race to acquire many commodities continues to present an unprecedented opportunity.
TER530
TER550
TER540
ACBs
The Adjusted Cost Base (ACB) for shares received on a Terra LP rollover.
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2020 − 2021
| Partnership Name | Terra Small Cap Class | Terra Small Cap ACB |
|---|---|---|
| Terra 2021 Short-Term - A | R | $7.1270 |
| Terra 2021 Short-Term - F | F | $7.1920 |
| Terra 2020 Short-Term - A | R | $1.2219 |
| Terra 2020 Short-Term - F | F | $1.2325 |
2016 − 2019
| Partnership Name | Terra Small Cap Class | Terra Small Cap ACB |
|---|---|---|
| Terra 2019 Short-Term - A | R | $2.5363 |
| Terra 2019 Short-Term - F | F | $2.5196 |
| Terra 2018 Short-Term - A | R | $3.4092 |
| Terra 2018 Short-Term - F | F | $3.3897 |
| Terra 2017 Short-Term - A | R | $6.7610 |
| Terra 2017 Short-Term - F | F | $6.5592 |
| Terra 2016 Short-Term - A | R | $5.2085 |
| Terra 2016 Short-Term - F | F | $4.9515 |
2013 − 2015
| Partnership Name | Share Class | ACB |
|---|---|---|
| Terra 2015 Short-Term - A/C | R | $5.7367 |
| Terra 2015 Short-Term - F | F | $5.6154 |
| Terra 2014 Short-Term - A | R | $6.7965 |
| Terra 2014 Short-Term - F | F | $6.6060 |
| Terra 2013 Short-Term - A | R | $0.1530 |
| Terra 2013 Short-Term - F | F | $0.1530 |
| Terra 2013 Charitable - A | R | $0.0699 |
| Terra 2013 Charitable - F | F | $0.0657 |
2011 − 2012
| Partnership Name | Share Class | ACB |
|---|---|---|
| Terra 2012 Foundation - F | R | $0.0000 |
| Terra 2012 Foundation - A | R | $0.0000 |
| Terra 2012 - A | R | $0.0000 |
| Terra 2012 - F | F | $0.0000 |
| Terra 2011 Foundation - F | R | $0.7264 |
| Terra 2011 Foundation - A | R | $0.6795 |
| Terra 2011 - F | R | $6.2505 |
| Terra 2011 - A | R | $7.9587 |
2005 − 2010
| Partnership Name | Share Class | ACB |
|---|---|---|
| Terra 2010 Mining & Energy - F | R | $2.7936 |
| Terra 2010 Mining & Energy - A | R | $3.4730 |
| Terra 2009 Mining & Energy | R | $3.6875 |
| Terra 2008 Mining & Energy | R | $5.7709 |
| Terra 2007 Energy & Mining | R | $8.7678 |
| Terra 2006 Mining | R | $19.0079 |
| Terra 2006 Energy | R | $4.7517 |
| Terra 2005 Oil & Gas | R | $18.0418 |
| Terra 2005 Mining | R | $20.0307 |
Additional Tax Deductions
for Past Terra LPs
Unamortized issue costs are deductible for several years after a Terra LP rollover.
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