History
Faircourt was founded in 2002 by Charles Taerk and Douglas Waterson, quickly establishing a reputation for innovative investment solutions with the launch of Canada’s first split trust, Faircourt Income Split Trust.
After several offerings of these innovative solutions, Faircourt worked with a Canadian Bank to create Canada’s first principal protected note that generated monthly tax-efficient return of capital distributions.
Faircourt’s most recent innovation involved the launch of Faircourt Gold Income Corp (FGX:TSX), a closed end fund listed on the TSX. FGX was the first fund in Canada to combine gold equities with the ability to generate monthly distributions utilizing an options strategy. With its creation, FGX provides Canadian retail investors with exposure to gold with lower volatility, and provides tax efficient monthly distributions funded through option writing.