July 17, 2020
Bridging Finance Inc. (“Bridging“) recently celebrated an exceptional first year for the Bridging Indigenous Impact Fund (“BIIF“) with a 1-year net return of 10.25% as of May 29, 2020. The BIIF is a unique Socially Responsible Fund dedicated to financing Indigenous economic development.
Bridging has established itself as the preeminent bridge lender to First Nations in Canada. Since 2014, Bridging has successfully deployed over $500 million with First Nations and $100 million to Inuit and is pleased to offer this unique investment opportunity to the Canadian market through the BIIF.
Here are some key highlights of investing in the growth of First Nations
- First Nations community wealth creation is about increasing economic well-being and quality of life for a community in a way that reflects the community’s social, cultural and environmental values.
- Financing structure is adaptable to meet development needs.
- Major Financial Institutions are becoming more involved in the space and, in almost all cases, provide the replacement financing at the end of Bridging’s term.
- Projects have included housing, renewable energy, commercial development, facility production & retail opportunities.
Below are some further examples of loans Bridging has made to First Nations.
In addition to supporting the economic growth of First Nations across Canada, clients in the BIIF have also enjoyed a strong return on their investment highlighted in returns below.
Bridging Indigenous Impact Fund Class F (May 2020)
| 1 mth | 3 mth | 6 mth | 1 yr | YTD | SI* |
| 0.69% | 2.10% | 4.72% | 10.25% | 3.67% | 10.14% |
*Since Inception May 2019
As a reminder, the BIIF is open for subscription purchases.
Bridging Indigenous Impact Fund Class F – Fact Sheet
Please contact us if you would like any further information and we thank you for your continued support.
Ian Baele, Senior Vice President, Sales – C: (416) 937-7641, ibaele@bridgingfinance.ca
Scott Miller, Director, Sales – C: (647) 984-7524, smiller@bridgingfinance.ca
David Sharpe, Chief Executive Officer – C: (647) 981-5658, dsharpe@bridgingfinance.ca;
Disclaimer:
The BIIF is generally exposed to the following risks. See the offering memorandum of the BIIF for a description of these risks: Speculative Investments; Limited Operating History for the Trust; Distributions and Allocations; Class Risk; Repayment of Certain Distributions; Dependence of Manager on Key Personnel; Reliance on the Manager; Possible Effect of Redemptions; Tax Liability; Potential Indemnification Obligations; Not a Public Mutual Fund; Changes in Investment Strategies; Valuation of the Trust’s Investments; Lack of Independent Experts Representing Trustee’s; No Involvement of Unaffiliated Selling Agent; General Economic and Market Conditions; Liquidity of Underling Investments; Credit Risk; Impaired Loans; No Insurance; Joint Ventures and Co-Investments; Litigation; Fixed Income Securities; Equity Securities; Possible Correlation With Traditional Investments; Idle Cash; Currency Risk; Concentration.
The Bridging Indigenous Impact Fund is offered on a private placement basis pursuant to an offering memorandum and is only available to investors who meet certain eligibility or minimum purchase amount requirements under applicable securities legislation. The offering memorandum contains important information about the BIIF including its investment objectives and strategies, purchase options, applicable management fees, performance fees, other charges and expenses, and should be read carefully before investing. Performance data represents past performance of the BIIF and is not indicative of future performance. Data based on performance history of less than five years may not give prospective investors enough information to base investment decisions on. Please contact your own personal advisor on your particular circumstances. This communication does not contain an offer to sell or solicitation to purchase securities of the BIIF. The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not residents in Canada should contact their financial advisor to determine whether securities of the BIIF may be lawfully in their jurisdiction.
Bridging Finance Inc. is the Manager of the Bridging Indigenous Impact Fund. (July/2020)