If you are a junkie for stats, consider going to the Congressional Budget Office’s website (www.cbo.gov) and sign up for a push email service. I received the infographic below (click here to see expanded version), from them last night.. It is a good summary of the “on balance sheet” items of the U.S. federal government. As we move into 2012, the fiscal drag associated with expense control at all levels of government in the West will crimp GDP growth – austerity bites, as the UK is now finding out. The way forward will require sacrifice not “fancy pants” monetary policy or further shadow banking initiatives.
Jim McGovern
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Minimum Investment When Relying On Accredited Investor Exemption (1)
There is no regulatory minimum purchase amount requirement for investments in a Fund made by investors who qualify under the Accredited Investor
Exemption. However, the minimum initial purchase amount established by the Manager for "accredited investors" is $25,000 (or such lesser amount that
the Manager may accept from time to time).
The criteria for qualification as an "accredited investor" is defined in National Instrument 45-106 of the Canadian Securities Administrators and is
set out in the Subscription Instructions of the Investment Application.
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