DealerFund's objective, is to provide its Partners with the stable return and secure investment, that dealership real estate can offer.

Cars4u Ltd, through its subsidiary DealerFund Realty GP Inc., will provide the automotive expertise necessary to evaluate the appropriateness and risk of each potential new property of DealerFund.

DealerFund Management
DealerFund's senior management includes Rob Stewart, General Manager, who will be managing the day to day business operations of the Partnership. He brings over twenty years of national real estate experience to DealerFund and recently held a senior executive position with the Canadian subsidiary of an $8 billion multi-sector international public real estate developer. Rob's real estate disciplines include experience in leasing, marketing, acquisitions/investments, development and property management.

The Investment Committee of the Partnership must approve all proposed new acquistions for DealerFund. The Chair of the Investment Committee, Mr. Ed Sonshine, is President and CEO of RioCan Real Estate Investment Trust. Through his role in guiding Canada's largest REIT, Mr. Sonshine brings years of real estate experience to DealerFund.

About Limited Partnerships
Limited Partnerships (LP’s) provide Limited liability, but unlike corporations, they do not pay income tax. Rather, income, gains and losses are allocated to the Partners and are reported on their own tax returns. Subject to the “at-risk” rules in the Income Tax Act, a Limited Partner can deduct his/her share of Partnership losses in determining income from other sources for the tax year in which they are realized.

Any losses allocated that are in excess of the at-risk limits are carried forward and can be deducted against Partnership income earned in future years. A Partner’s share of income or loss from an LP is determined on the accrual basis, not on the basis of the amount of cash distributed.

Cash distributions from a LP reduce the tax cost of the Partner’s investment, as do losses. A Partner’s share of income increases the tax cost of the investment. If the amount of the cash distributions paid and the losses allocated result in a “negative” tax cost, the amount of the negative is included in the Partner’s income as a capital gain.

LP units represent interests in a Partnership consisting of at least one General Partner who manages the Partnership, and Limited Partners who provide the investment capital. The liability of Limited Partners is generally Limited to their initial investment, provided that they do not become involved in management.

Limited Partnerships will typically invest in a specific industry sector (such as real estate or oil and gas) and often provide for some tax benefits to ‘flow through’ privileges. If the Partnership is dissolved, the assets and securities remaining after all debts have been paid are distributed among the Limited Partners.

Investors should consult with their tax advisors for a complete understanding of income tax implications of participation in Limited Partnerships in determining their suitability as an investment vehicle.