FAQs

General

• What is a Flow Through Share?

  Flow-through shares are common shares of Canadian oil & gas, mining and renewable energy companies. They are similar to ordinary common shares except that the proceeds of these shares must be spent on approved exploration in Canada.

  Tax deductions associated with the exploration “flow through” to investors who in turn can use the deductions against their taxable income.

• Why should I buy flow-through shares from Canoe?

  Significant Income Tax Benefits

  • Investment is 100% deductible with approximately 90% of the deductions effective in the year of investment.
  • Capital gains resulting from the sale of flow-through shares are only 50% included in taxable income.
  • Tax deferred roll into EnerVest Natural Resource Fund Ltd. provides additional tax deferral and allows investors to choose the timing of their liquidity.

  CanoeHistory
  • Successfully invested in flow-through shares of junior oil and natural gas companies since 1995.
  • Solid track record of investing in oil and natural gas.

  Potential for Capital Appreciation
  • Focus on junior oil and natural gas companies.
  • Continued strength in the oil and natural gas sector.
  • Diversified portfolio reduces risk.
  • Strong investment criteria and thorough due diligence ensure disciplined approach to investing.

  Exit Strategy and Liquidity
  • Tax free rollover into EnerVest Natural Resource Fund Ltd., an open-end mutual fund.

Tax

• What should I do if I become a non-resident prior to the liquidity event in an EnerVest FTS Limited

  Any limited partners who will become a non-resident prior to a flow-through rollover should contact their investment advisor or the Fund immediately to notify of a change in status.