Flow-Through
Limited Partnerships
frontierAlt 2008 Precious Metals & Energy
Flow-Through Limited Partnership frontierAlt
2007 Energy & Precious Metals Flow-Through LP
Mutual Funds
frontierAlt Opportunistic Bond Fund frontierAlt Resource Capital Class FundStructured Products
Global Dividend FundfrontierAlt Resource 2005 Flow-Through
Limited Partnership
On November 30, 2007, the frontierAlt Resource 2005 Flow-Through Limited Partnership rolled-over into the frontierAlt Resource Capital Class Fund. (FundServ code: FIM174). At the time of roll-over the unit price of the Partnership was valued at $6.55. These units were converted to units of the frontierAlt Resource Capital Class Fund at a price of $10.33 per unit. Limited Partners received 0.634538 units of the Mutual Fund per Partnership unit. At the time of roll-over, the adjusted cost base (ACB) per unit for the limited partnership and the frontierAlt Resource Capital Class Fund were $4.3451 and $6.8477 respectively.
Blend of oil and gas and mining flow-through issues - 104% in equivalent minimum tax deductions with investment tax credits (ITCs)
To encourage investment in resource-based companies, the federal and provincial governments of Canada have created flow-through investments. An investment in a typical flow-through limited partnership provides investors with an interest in a diversified portfolio of Canadian resource companies and an income tax deduction of up to 100% in the year the investment is made.
Investors in flow-through shares are allowed to deduct 100%, for tax purposes, of the expenses (known as Canadian Exploration Expenses) of the resource companies in which they invest. Flow-through investments in mining companies, involved in "grass-roots" exploration, offer an additional 15% in federal tax credits.
Investors in flow-through shares are allowed to deduct 100%, for tax purposes, of the expenses (known as Canadian Exploration Expenses) of the resource companies in which they invest. Flow-through investments in mining companies, involved in "grass-roots" exploration, offer an additional 15% in federal tax credits.