REALPAC is pleased to announce the results of the 2018 Canadian Closed-End Fund Survey ─ the first of its kind in Canada. REALPAC designed the survey in an effort to better understand the scope of the Canadian closed-end fund market and bring Canadian fund governance standards more in line with emerging global standards.
In its third year, REALPAC is pleased to see the evolution of this report in both size and scope of data collected. We had 11 participants and 26 funds in the 2016 report, 17 participants and 47 funds in 2017 and in 2018, the survey grew to 22 participants and 50 funds.
The survey’s focus is on non-listed closed-end real estate funds in Canada. It provides important data on fund strategy, leverage, target returns, gross value of investments, elements of fees and separate accounts, and the survey also included a sentiment section to better understand what fund managers are anticipating for the future.
The results of the annual closed-end fund surveys will be instrumental in providing the background needed for the development of industry best practice guidance.
REALPAC Members: To download your complimentary copy of the 2018 REALPAC Canadian Closed-End Fund Survey Report, sign-in to your account and select Supports > Member Resources > Research Reports from the menu.
Contact Sandra Dos Santos, Director, Industry Affairs & Compliance, 416.642.2700 x222