Legal & Regulatory

Terms and Conditions of Use

Triasima Inc., Portfolio Management ("Triasima") provides this website (the “Site”) for informational purposes only. By accessing the Site, you accept and agree to be bound by and comply with the terms and conditions set out herein (the "Terms"). If you do not accept and agree with the Terms, you should not use the Site. Your use of the Site will constitute your acknowledgment of any modified Terms and your agreement to abide and be bound by any changes to the information or the Site.

Any commentaries and information contained in the Site are provided as a general source of information and should not be considered personal investment advice including, but not limited to, investment, financial, legal, accounting, or tax advice. Please contact your advisor on your particular circumstances.

Triasima provides its institutional and private wealth clients with discretionary investment management services and offers units of the Triasima Funds on a private placement basis (i.e. pursuant to exemptions from prospectus and registration requirements under applicable securities legislation). This communication and the information provided on the Site are not, and under no circumstances are to be construed as, a public offering to sell, or a solicitation of an offer to buy securities.

The offering of units of the Triasima Funds is made pursuant to their respective offering memorandum only to investors who are resident of Canada and who are either qualified as "Accredited Investors" as defined in the Multilateral Instrument 45-106 (see accredited investor definition), or whose total investment cost of subscriptions or purchase is of at least $150 000 per person. Important information about the Triasima Funds, including a statement of each fund’s fundamental investment objective, is contained in their respective offering memorandum, a copy of which may be obtained by contacting Triasima at (514) 906-0667 or by email at info@triasima.com. Read the applicable offering memorandum carefully before investing. Unit values and investment returns are not guaranteed, their values change frequently and past performance may not be repeated.

Disclaimer of liability

Every effort has been made to ensure that the information contained herein is accurate at the time it was added to the Site. However, Triasima cannot guarantee its accuracy or completeness and accepts no responsibility for any direct, indirect, special, incidental, consequential, exemplary or punitive damages, in respect of or relating to the use of, misuse of or inability to use the Site or the information.

Confidentiality

Triasima advises that the Internet is not a secure medium and privacy cannot be ensured. Triasima will not be responsible for any damages you may suffer if you transmit confidential or sensitive information via this medium.

Copyrights

The content of Triasima’s website is protected by applicable copyright laws. Unauthorized downloading, re-transmission, storage in any medium, copying, redistribution, reproduction, or republication for any purpose is strictly prohibited.

Non-Canadian Investors

The information in this site is intended for Canadian residents. Notwithstanding, in non-Canadian jurisdictions, restrictions may apply as to whether the portfolio management services of Triasima may be offered to, or used by, individuals or organizations that are not Canadian residents. In the United States, the portfolio management services of Triasima may be offered under certain conditions. However, the units of Triasima pooled funds may not be purchased by any United States entity, either directly or indirectly. More broadly,units of the Triasima Funds will not be sold to any person residing outside Canada unless such sales are permitted under the laws of their jurisdiction. Investors should contact their financial or legal advisors for more information.

Accredited Investor (defined in National Instrument 45 106) means:

a Canadian financial institution, or a Schedule III bank;
the Business Development Bank of Canada incorporated under the Business Development Bank of Canada Act (Statutes of Canada, 1995, c. 28);
a subsidiary of any person referred to in paragraphs (a) or (b), if the person owns all of the voting securities of the subsidiary, except the voting securities required by law to be owned by directors of that subsidiary;
a person registered under the securities legislation of a jurisdiction of Canada as an adviser or dealer, other than a person registered solely as a limited market dealer under one or both of the Securities Act (R.S.O. 1990, c. S. 5) of Ontario or the Securities Act (R.S.N.L. 1990, c. S-13) of Newfoundland and Labrador;
an individual registered or formerly registered under the securities legislation of a jurisdiction of Canada as a representative of a person referred to in paragraph (d);
the Government of Canada or a jurisdiction of Canada, or any crown corporation, agency or wholly owned entity of the Government of Canada or a jurisdiction of Canada;
a municipality, public board or commission in Canada and a metropolitan community, school board, the Comité de gestion de la taxe scolaire de l’île de Montréal or an intermunicipal management board in Québec;
any national, federal, state, provincial, territorial or municipal government of or in any foreign jurisdiction, or any agency of that government;
a pension fund that is regulated by the Office of the Superintendent of Financial Institutions (Canada), a pension commission or similar regulatory authority of a jurisdiction of Canada;
an individual who, either alone or with a spouse, beneficially owns financial assets having an aggregate realizable value that before taxes, but net of any related liabilities, exceeds $1 000 000;
an individual whose net income before taxes exceeded $ 200 000 in each of the 2 most recent calendar years or whose net income before taxes combined with that of a spouse exceeded $ 300 000 in each of the 2 most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year;
an individual who, either alone or with a spouse, has net assets of at least $ 5 000 000;
a person, other than an individual or investment fund, that has net assets of at least $ 5 000 000 as shown on its most recently prepared financial statements;
an investment fund that distributes or has distributed its securities only to
- a person that is or was an accredited investor at the time of the distribution;
- a person that acquires or acquired securities in the circumstances referred to in sections 2.10 [Minimum amount investment], or 2.19 [Additional investment in investment funds], or
- a person described in paragraph (i) or (ii) that acquires or acquired securities under section 2.18 [Investment fund reinvestment];
an investment fund that distributes or has distributed securities under a prospectus in a jurisdiction of Canada for which the regulator or, in Québec, the securities regulatory authority, has issued a receipt;
a trust company or trust corporation registered or authorized to carry on business under the Trust and Loan Companies Act (Statutes of Canada, 1991, c. 45) or under comparable legislation in a jurisdiction of Canada or a foreign jurisdiction, acting on behalf of a fully managed account managed by the trust company or trust corporation, as the case may be;
a person acting on behalf of a fully managed account managed by that person, if that person
- is registered or authorized to carry on business as an adviser or the equivalent under the securities legislation of a jurisdiction of Canada or a foreign jurisdiction, and
- in Ontario, is purchasing a security that is not a security of an investment fund;
a registered charity under the Income Tax Act (R.S.C. 1985, c. 1 (5thSupp.)) that, in regard to the trade, has obtained advice from an eligibility adviser or an adviser registered under the securities legislation of the jurisdiction of the registered charity to give advice on the securities being traded;
an entity organized in a foreign jurisdiction that is analogous to any of the entities referred to in paragraphs (a) to (d) or paragraph (i) in form and function;
a person in respect of which all of the owners of interests, direct, indirect or beneficial, except the voting securities required by law to be owned by directors, are persons that are accredited investors;
an investment fund that is advised by a person registered as an adviser or a person that is exempt from registration as an adviser, or
a person that is recognized or designated by the securities regulatory authority or, except in Ontario and Québec, the regulator as an accredited investor.
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