Investment Shares

Looking to purchase Class A Shares, Series 1 or Series 2 (“Investment Shares”)? Now is the time!

Every year, a limited number of Luminus Investment Shares come available for purchase from other members who have indicated that they wish to sell their Investment Shares. This can happen at any point during the year. Currently, we have a list of Investment Shares holders who wish to sell to other Luminus members and are collecting names from those who would like to make use of this excellent investment opportunity. Investment Shares will be available on a first-come-first-served basis and will be transferred by special approval of the Board this November.

Why invest in Investment Shares?

Investment Shares are an excellent long-term investment option for members*. They provide an attractive annual dividend** (3.25% in 2017) and, because they are RRSP and TFSA eligible, they are a suitable addition to your portfolio. Want to know more about Investment Shares? Take a look at our handy Investment Shares FAQ.

The deadline for indicating your interest in acquiring Investment Shares is November 15th. If you would like to be added to the list, please contact one of our Member Service Representatives at 1-877-782-7639 or email us at inquiries@luminusfinancial.com. If you happen to miss the deadline, you can also add yourself to the list at any time during the year and will be notified if Investment Shares come available.

* Investment Shares are available to a per-member cap of $150,000.

**Dividends are if, as, and when declared by the Board, and are not guaranteed. Past payment of dividends is not an indicator of the likelihood of future payment of dividends, or the rate at which any future dividends will be declared. Investment Shares are not insured by the Deposit Insurance Corporation of Ontario (DICO).

† Investment Shares can only be redeemed by the shareholder after a minimum 5 year period, and to a maximum of 10% of the outstanding Investment Shares of the appropriate series according to Luminus’ audited financial statements for its previous fiscal year.


 

Find Branch/ATM

Enter address, postal code or branch name