SmartCentres is one of Canada’s largest real estate investment trusts with total assets of approximately $9.7 billion.  It owns and manages in excess of 34.0 million square feet in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.  In addition, SmartCentres is a joint-venture partner in the Premium Outlets locations in Toronto and Montreal with Simon Property Group.

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SmartCentres continues to grow its portfolio to include residential (single-family, condominium and rental), retirement homes, office, and self-storage with an additional $12.1 billion ($5.5 billion at SmartCentres’ share) in expected developments to commence over the next five years.  This growth will occur on its large urban properties such as SmartVMC at the Vaughan Metropolitan Centre or as additional intensified uses to its well-located existing shopping centres.

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SmartCentres units trade on the Toronto Stock Exchange under the symbol SRU.UN.

There are two ways to buy into this fund:

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1. With the help of a third-party financial advisor
2. Through an online brokerage account

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Financial advisor

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A financial advisor who manages your investments can invest in this fund for you. Many investors find working with a financial advisor helpful, especially as they build wealth and their financial situation becomes more complex. In addition to investment advice, a financial advisor can help you with taxes, retirement, estate planning, insurance, education planning and more.

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If you don't have an advisor, ask your network for referrals or choose one through the Investment Industry Regulatory Organization of Canada or the Mutual Fund Dealers Association of Canada.

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Online brokerage account:

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If you're a do-it-yourself investor, you can buy your own funds during normal trading hours through an online brokerage.

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To buy any public funds, like mutual funds or exchange-traded-funds (ETFs), check with your online brokerage firm for availability.

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Excellent way to invest your money if you're able to let it sit for 2 to 3 yrs. Payoff is greater than any other financial institution I've researched. Professional and friendly staff with proficient lawyers working. I was very nervous when I did my first investment and now I'm excited to flip it into another investment after my 1st investment paid out this past April 2019. What a great way to save for your future especially if you don't have a pension plan.