FUND OVERVIEW
Mar. 31, 2026
Glengarry Funding Limited Partnership (the “Fund” or “GFLP”) is designed to generate regular income with quarterly distributions. The Fund invests in mortgages secured by Canadian farmland. The objective of the Fund is to provide short term financial solutions to Canadian farmers who are temporarily unable to access mainstream banking.
Annual Target Return (Paid Quarterly)
A Units: Preferred 7.00%
B Units: Target 9.00% + Profit after Fees
Income-Focused Strategy
Reduces overall portfolio volatility while aiming to generate consistent income
Low Correlation
Farmland values have historically exhibited low / negative correlation to public markets and traditional real estate
High Return Potential
Private farm mortgages can offer higher returns at an attractive LTV relative to other income-based approaches, while conservative leverage on the portfolio may enhance returns and enables further diversification
Diversification
The Fund provides investors with access to a diversified pool of private farm mortgages, a typically difficult asset class to access / manage
Management is Personally Invested
Strong alignment between investors and management through ownership of subordinated units
Supporting Canada’s Agriculture Industry
Mission driven business with the goal of helping farmers while contributing to food security in Canada and beyond
Portfolio Performance
The Portfolio has met or exceeded target returns since inception (September 2022), with no realized impairment to capital and low levels of loan delinquencies
GLENGARRY LOAN BOOK AT A GLANCE
+103m
Total Loans Outstanding
41
Loans Under Management
6 Mnth
Weighted Average Term to Maturity
~54%
Portfolio LTV
11.1%
Weighted Average Interest Rate
RETURNS ¹ ² ³
FUND DETAILS
Manager
Glengarry Farm Finance Corp.
Auditor
MNP LLP
Exempt Market Dealer
Palos Wealth Management Inc.⁴
Transfer Agent
Glengarry Farm Finance Corp.
Legal Counsel
Wildeboer Dellelce LLP
Fund Type
Open-ended Investment Trust
Fund Status
Offering Memorandum, Exempt Market Continuous Offering
Launch Date
September 2022
Eligible Registered Plans
RRSP, RIF, RESP, TFSA
Minimum Investment
$100,000
Redemptions
Quarterly, 90 days notice,
5% of Fund per quarter
Management Fee
1.00%
Distributions
Quarterly
FundSERV Code⁴
PAL950
For inquiries, please contact us at treasury@glengarry.ca
Note 1: As at March 31st, 2026
Note 2: Net of fees
Note 3: Assumes distributions are fully reinvested
Note 4: Units available via FundSERV are units of Glengarry Mutual Fund Trust, which invests exclusively in A Units of Glengarry Funding Limited Partnership. B units may be purchased via subscription agreement by contacting Palos directly.
Disclaimer: Certain statements in this Fund Overview may constitute forward-looking information. Any forward-looking statements are stated as of the date of this Fund Overview and are based on estimates and assumptions made by GFFC in light of current trends and expected future developments which GFFC believes are reasonable in the circumstance. An investment in the Fund involves risk. Actual results of the Fund may differ materially from past performance as a result of many factors, including but not limited to, economic and market factors specific to the mortgage and agricultural industries, general economic and market factors, financing conditions, interest rates and tax related matters.
FARMLAND Investment directly supports FARMERS and strengthens Canadian AGRICULTURe
Watch this space. Details about how to invest in farm lending with Glengarry will be available soon.
