NCE Diversified Flow-Through (07) Limited Partnership

Snapshot

NCE Diversified Flow-Through (07) Limited Partnership
TSX Symbol/Fund Code:
Inception Date: January 25, 2007
Investment Type: Flow-through limited partnership
 
 
 

The assets of NCE Diversified Flow-Through (07) Limited Partnership were transferred to Sentry Select Canadian Resource Class on February 9, 2009. Here are the details:

Flow-Through NAV
Resource Class NAV
Conversion Rate
$7.64
$21.79
0.3505

If you have any questions concerning the Partnership, please call our Investor Services Department at 1-888-730-4623 or 416-364-9297.

Please be advised that the initial Canadian Exploration Expenditure (CEE) amount renounced by the Partnership has been slightly reduced. If you invested in the Partnership, you should expect to receive an amended T5013A – Statement of partnership income in respect of 2007 from your broker. Please read this letter for full details.

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Product overview


NCE Diversified Flow-Through (07) Limited Partnership primarily invests in flow-through shares of Canadian resource companies involved in oil, gas and mineral exploration and development. The Partnership provides unique tax benefits and the potential for capital appreciation.

Investment managers select a diversified portfolio of smaller companies with experienced management and the potential for future growth. A minimum of 80 per cent of companies are listed on a Canadian stock exchange.

Investors benefit in several key ways:
• A tax deduction for the 2007 taxation year of approximately 100 per cent of the amount invested
• Liquidity and potential long-term growth, as assets of the Partnership transfer tax-deferred to Sentry Select Canadian Resource Class by May 31, 2009

The Partnership especially meets the needs of high income earners who wish to convert income fully taxable in the current year into capital gains taxable in the future, combining reduced taxation with tax deferral.


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