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New Class "AAA" IGW REIT Unit Wednesday, August 4, 2010 Dear Member-Partners and Friends, I am pleased to introduce a new unit investing in the IGW REIT: the Class AAA IGW REIT Unit, This new unit replaces the Class AA Units. As with the Class AA and A REIT Units, they feature a variable distribution and the same NAV1. The only difference is that the Class AAA REIT Units feature a longer discount period: any redemptions within the first three years will be at 5%; redemptions in the forth and fifth years will be made at 3%. In doing this, we are continuing to provide you with even greater stability and dependability whatever changes occur in the world markets. If you have any questions about this or any other matter, please do not hesitate to contact your Member Services Manager. Warmest regards,
There are risks associated with this investment, which risks are discussed in the offering memorandum and subscription agreement. You are encouraged to read the offering memorandum (available upon request) and the subscription agreement before making your investment decision. 1 Pending the next unit revaluation in August. The Pricing NAV per Unit will depend on the number of Common REIT Units outstanding. |
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