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What is an investment club?
An investment club is formed by people who would like to pool their money and invest together as a group. There are thousands of investment clubs in Canada
and in the United States. Since they first began in Texas about 100 years ago, they have steadily been growing in popularity. Currently, the National
Organization of Investment Clubs in the United States (NAIC) includes over 6,000 clubs.
Investment clubs are not just a North American phenomenon either. NAIC established the World Federation of Investment Clubs in London, England in 1960
and each year an international conference is held for investment clubs somewhere in the world.
In Canada, investment clubs began to operate in 1928 when a group of schoolteachers in Oshawa, Ontario formed the Old Canada Investment Co. Although
investment clubs have existed in Canada for about 70 years, they are less well organized than their counterparts in the United States. For instance, the U.S.-
based NAIC's annual conference sees thousands of visitors and provides a wealth of information and education for investment clubs. Unfortunately, nothing quite
comparable to NAIC currently exists in Canada where investment club organization is much lower and tracked poorly.
However, that does not have to stop you from forming a profitable investment club. Whether you know a lot about investing or nothing at all, investment clubs
offer several advantages. You can either join an investment club that is already in existence or form a new one with others who are interested in investing.
Canadian Investment Club Kit
How to start and run a successful investment club
What is the Canadian Investment Club Kit?
The Canadian Investment Club Kit is a sturdy 3-ring binder containing everything you need to know about starting and investing to create a profitable and successful investment club. It
is written in simple and clear English so that even an absolute beginner can follow it. The Kit also includes important sample documents such as partnership
agreements, investment tracking forms and sample minutes.
Take a look at the Table of Contents.
Who put it together?
This exclusively Canadian kit is put together by the Investors Association of Canada, a national non-profit organization of individual investors. Sabine Steinbrecher (project
director), David Decker (legal consultant), Rick Wilson (accounting consultant), and Dr. Chuck Chakrapani (chairman, IAC) were responsible for producing these
materials.
How to get your kit?
The Kit will not be mass-produced but will be printed in small batches. As we reprint the kit from time to time, orders will be filled on a 'first come first served' basis. The
cost of the kit is $29.95 + $2.10 tax + $4.95 pp. = $37.00. To make sure you get a copy by the end of the month, please send us an e-mail at
contact@iac.ca.
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