New Dawn Investments

New Dawn Investments Community Economic Development Investment Funds (CEDIF) What is a CEDIF? The money raised is invested in new or existing local businesses.

A CEDIF or Community Economic Development Investment Fund is a pool of capital, raised through the sale of shares (or units). In some ways a CEDIF is like other forms of investments (GICs, Mutual Funds, etc.) – individuals purchase a quantity of funds or shares and earn dividends on those shares. In addition to dividends, investing in a CEDIF yields a 35% non-refundable provincial income tax credi

t. The CEDIF program was initiated by the Province of Nova Scotia in 1993 to encourage residents to invest in local small businesses. The Million Dollar Potential

Each year Nova Scotians buy $600 million in traditional RRSPs. Less than 2% of this is reinvested back in Nova Scotia once it reaches the national and global centres of capital. Access to capital is required for community and economic development and revitalization. Recognizing the disconnect between our local need for capital and our propensity to invest our personal savings in Toronto, Montreal and New York, for more than a decade New Dawn has administered a Community Economic Development Investment Fund or CEDIF. Choosing to invest in The New Dawn Innovation Fund puts our investment dollars to work here, building a prosperous future for Cape Breton. THIS CEDIF OFFERING MAY BE A HIGH RISK INVESTMENT. THIS OFFERING IS MADE THROUGH AN OFFERING DOCUMENT, WHICH CAN BE OBTAINED FROM AN AUTHORIZED SALES AGENT (Leonard Murray, New Dawn Innovation Fund Limited, PO Box 1055, Sydney, Nova Scotia, Phone (902) 539-9560 Ext. 0). THIS OFFERING CONSTITUTES AN EXEMPT OFFERING OF THESE SECURITIES ONLY IN NOVA SCOTIA BY AUTHORIZED SALES AGENTS. INVESTORS SHOULD READ THE OFFERING DOCUMENT BEFORE MAKING AN INVESTMENT DECISION.

Address

75 Prince Street
Sydney, NS

Telephone

902 539-9560

Website

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TOP TEN REASONS TO INVEST IN A NEW DAWN CEDIF

1. New Dawn CEDIFs have paid dividends every six months since 2006. New Dawn CEDIFs have paid $787,000 in dividends to New Dawn CEDIF investors.

2. Every penny of the CEDIF monies invested through New Dawn stay in Cape Breton. New Dawn does not engage with third party investment or wealth management groups.

3. Investments in a New Dawn CEDIF are eligible for a 35% non-refundable provincial income tax credit. On a CEDIF investment of $1000 this means a $350 tax credit.

4. CEDIF investments are RRSP eligible. If you designate your CEDIF as an RRSP you qualify for additional federal tax credits of approximately 30%. On an RRSP-designated CEDIF investment of $1000 this means a potential combined federal-provincial tax credit of $650.

5. Investments rolled-over (reinvested) after five years qualify for an additional 20% non-refundable provincial tax credit. After ten years investments qualify for a further 10% non-refundable provincial tax credit. On your original investment of $1000 this means an added $300 tax credit or a prospective total of $950 in tax credits over fifteen years. These tax credits are above and beyond dividends and your original investment.

6. New Dawn is home to the most successful CEDIF program in Nova Scotia: $8.2 million invested in Cape Breton over the last ten years.

7. New Dawn CEDIFs are invested in a range of businesses and business activities. This contributes both to a diverse and resilient local economy and to the security of investments.

8. New Dawn CEDIFs have a 100% redemption rate. New Dawn is committed to meeting all requests for return of original investments

9. There are no annual management or initial investment fees for New Dawn CEDIFs.

10. All New Dawn Innovation Fund investments are reviewed and approved by the New Dawn Innovation Fund board and must meet the Fund’s lending criteria.

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