Palos IOU High Yield Fund

Palos IOU High Yield Fund

The fund provides a unique opportunity to invest in high yield loans targeting income generation and capital preservation. The fund buys short term, high yield, US dollar business loans between $5,000 and $150,000. These loans have maturities of up to one and a half years and generate daily interest and principal payments until maturity. The loans are originated by IOU Financial Inc. (“IOU”), an online lender that has a proprietary algorithm for providing thorough analysis of a potential borrower’s credit worthiness and daily cash flows.
This fund is eligible to be held in registered accounts such as RRSP or TFSA accounts.

For daily performance, please visit globefund.com or morningstar.com

REASONS TO OWN

· High yield loans with short term duration
· Uncorrelated to the equity markets
· Access to small US business loans in diverse industries throughout the US
· Quarterly distributions of 75% of net income

REASONS TO OWN

· High yield loans with short term duration
· Uncorrelated to the equity markets
· Access to small US business loans in diverse industries throughout the US
· Quarterly distributions of 75% of net income

About the Issuer and Loans

IOU is a leading online lender that provides small businesses throughout the U.S. with access to capital to seize growth opportunities quickly. Based in metro Atlanta, Georgia, IOU is a privately held subsidiary of IOU Financial (CSE: IOU). Typical customers include medical and dental practices, grocery and retail stores, restaurant and hotel franchisees and e-commerce companies. IOU’s advanced, automated loan application and approval system assesses applicants’ financial realities, with an emphasis on day-to-day cash flow trends, allowing IOU to makes loans to qualified applicants within day.

FUND MANAGEMENT AND ADMINISTRATION

PALOS MANAGEMENT INC.
Investment Fund Manager Palos Management
Administrator, Transfer Agent and Record Keeper SGGG Fund Services Inc.
Auditor (firm and funds) PriceWaterhouseCoopers LLP
Trustee Computershare Trust Company of Canada
Custodian NBCN and Palos

More Information

To request a copy of the Offering Memorandum, Term Sheet and Trust Agreement, please contact info@palos.ca or call us at (514) 397-0188 or toll free within Canada at 1 (855) 725-6788.