Investors in Equiton’s Apartment Fund have enjoyed positive returns for an impressive 89 consecutive months, as at October 1, 2023. “Even if a GIC with a 5.5% return seems appealing, investors will be losing purchasing power due to the interest income tax on a GIC. Real Estate Investment Trusts (REITs) can deliver exposure to real estate, without the responsibilities and hassles that come along with property management. Preserving wealth for future generationsCanadian investors are asking their advisors for solutions that can preserve their wealth and leave a legacy for future generations. An analysis by Toronto-based research firm, Strategic Insights, finds that an astronomical $1 trillion in assets will exchange hands over 2016 to 2026.

Source: Forbes November 02, 2023 15:58 UTC