9.5% IGW REIT INTRO UNITS: INVESTMENT GRADE AND THE LOWEST MANAGEMENT FEES IN CANADA

IGW REIT: Independent Rating and Analysis	Independent Cost Comparison: IGW REIT vs Competitors	IGW REIT: Redeemable Intro Units

Tuesday, April 12, 2011

Dear Member-Partners and Friends,

Did you know that the IGW REIT has among the lowest management fees among its peers?

Last fall, Exempt Analyst Inc. (EA) conducted an independent study on the IGW REIT. The firm rated LEAGUE’s Class A, AA and AAA IGW REIT units as STA-2 Investment Grade and gave our Income Priority units a BBB rating—the highest rating given to any Canadian REIT. (Please click here to download and read the stability rating report.)

Following this, we ordered a second analysis and report.

In this report, Exempt Analyst Inc. compared the management fees of the IGW REIT against 20 similar exempt market real-estate based securities. The result: LEAGUE’s IGW REIT ranked number one, having the lowest fees of any in Canada. When compared with a wider selection of 32 exempt market securities including other asset classes such as energy and mining, the IGW REIT ranked second in lowest fees. (Please click here to download and read the management fee comparison report.)

So, we’re proud to unequivocally affirm to you today: more of your investment dollar goes to work within your IGW REIT investment, than with any other in Canada.

On that note, I’d like to invite you to consider our limited-time 9.5% Redeemable IGW REIT Intro Units.¹

These Intro Units were specifically created to allow prospective Member-Partners to put us to the test. Subscribers to these units earn a monthly distribution of 9.5% per annum for six months, while retaining the ability to cash them out at any time during this period, with no discount on their original investment, and still receive a return on investment calculated as 2% per annum.

Or, if you continue with the investment, once the six-month term is up, you can keep your distributions paid to you at the rate of 9.5% and have a choice of either converting to either five or seven-year term Income Priority Units or do nothing and have your investment automatically convert to the REIT’s traditional Units. We’ve created this colourful brochure to provide a quick overview to this investment, or you can click here to request more detailed information from one of our friendly Member Services Managers.

If you have any questions, please don’t hesitate to contact us. It is our pleasure to help you achieve your Intergenerational Wealth^TM goals.

Warmest regards,

Emanuel F. Arruda Chairman & Co-Founder The LEAGUE Group of Companies

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There comes a time when you realize that virtually
anything is possible -- that nothing is too good to be true.
– Kobi Yamada –
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