Wealthica Connect Special Offer – Terms & Conditions

What is the Wealthica Connect Special Offer?

Wealthica and goPeer have teamed up to provide Wealthica Free tier subscribers that invest $100 through goPeer, with a free one-year subscription to Wealthica Connect, a $50 value.

This offer is designed to allow Wealthica users to enjoy the benefits of the Wealthica Connect subscription, while exploring private credit investment.

goPeer’s private credit marketplace provides access to a unique asset class of personal loans, a high-yield asset historically only available to banks, institutions, and accredited investors. This asset class provides passive income from interest payments, with a historic average annualized return of 9%* (as of September 30, 2023) (See goPeer Statistics).

With a low correlation to the stock market, goPeer’s private credit is an excellent opportunity for portfolio diversification, it does however come with risks, mainly in the event that a borrower is unable to pay back their loan and defaults. To mitigate this risk investors are encouraged to diversity their goPeer portfolio across many loans, industries, and geographic locations. The minimum investment per loan is $10, so with a $100 initial investment an investor can invest across 10 different loans.

goPeer is a registered Exempt Market Dealer across all Canadian provinces and territories, permitting securities to be sold across Canada to all Canadian’s deemed suitable, including non-accredited or eligible individuals and institutions. Securities are distributed as Payment Dependent Notes (the “Notes”), under an Offering Memorandum.

How do I qualify for the promotion?

This special offer is exclusively available to Wealthica Free tier subscribers that have been invited to participate by Wealthica, and that do not already have an active investor account with goPeer. Participants must be Canadian residents, have a bank account with a Canadian financial institution from which to transact, and comply with goPeer’s Terms of Use agreement. Wealthica will invite participants by email, using a private web page, or through the Wealthica app, by providing a sign-up link including a unique tracking code. The unique tracking code allows goPeer and Wealthica to anonymously track and report qualifying participants without the need to exchange any personal information about the individual.

The participant must then proceed to invest a minimum of $100 via goPeer issued payment dependent Notes to qualify. To invest through goPeer, participants must have or open a new investment account, must complete an on-boarding process to verify their identity and that of their business if opening a corporate account, and be deemed suitable to invest in goPeer issued payment dependent Notes. Before investing, participants must review and sign the Investor Agreement, review the Offering Memorandum, and understand all risk factors.

The participant does not need to be a new customer of goPeer, and may have borrowed from goPeer in the past, or already have an account with goPeer in good standing, provided that the participant has never made an investment through goPeer.

Qualifying Period

This special offer is valid from November 1, 2023, at 12:00 a.m., to September 30, 2024, at 11:59 p.m., and may be extended or modified at any time with written notice via update to this Terms & Conditions. (All times are in Eastern Standard Time)

How and when will I receive the Wealthica Connect subscription?

Upon the activations of Notes (loans are issued) with an aggregate minimum value of $100, goPeer will send the participant a communication by email, including further instructions and a unique activation code to upgrade their Wealthica Free subscription to Wealthica Connect.

Participants will be required to provide a credit card to activate their Wealthica Connect subscription, which is to be used for subsequent renewals following the initial complimentary first year. Wealthica users may cancel their subscription at any time prior to its renewal to avoid automatic renewal of the plan. For further details please see Wealthica’s Terms of Use.

In some cases, tracking of qualified participants may fail, for example in the case that the participant has an ad blocker that removed the unique tracking token, or if the participant did not use Wealthica’s sign-up link when accessing goPeer. If tracking fails then this does not disqualify the participant, instead please contact the goPeer customer support team to alert us of the tracking failure, and we will manually apply the qualification, provided all eligibility requirements are met.

Which investments apply? Is there a maximum or a minimum investment amount?

All Note purchases completed through the goPeer platform, and which were issued within the qualifying period are qualified for inclusion.

The loans must be funded and activated to receive the special offer. Any loan or Notes that are canceled or withdrawn are not eligible, including those withdrawn or cancelled by either the borrower, investor or goPeer.

The minimum aggregate investment to qualify is $100, and there is no maximum as it applies to this special offer, there are limitations however per regulation that may restrict the amount that an individual or institution may invest per rolling 12-month cycle.

Disclaimer

goPeer does not provide investment advice and does not hereby recommend any investments.

goPeer reserves the right to amend, withdraw or restrict the Special Offer and/or these terms and conditions at any time without notice. goPeer is the sole arbiter of these rules and any other issue arising under the Special Offer. If goPeer suspects fraudulent or abusive behaviour, inappropriate, offensive, or derogatory language, gaming of the system or a violation of these terms, goPeer reserves the right to deny or rescind the Special Offer including payment to Wealthica for the subscription and take any other action it deems appropriate including, but not limited to, closing the account. An invitation to participate in this offer does not provide assurance that you will be accepted as a verified or suitable investor on the goPeer platform.

You are being referred to goPeer Corporation (“goPeer”) by Wealthica (the “Sponsor”). The Sponsor may receive compensation in the form of a referral marketing fee including, but not limited to, when you sign up for a goPeer account, open an Investor account with Peer Securities Corporation, fund an Investor account, or invest a certain amount. The possibility of a conflict of interest may arise in any paid referral arrangement. In this case, the Sponsor is receiving a fee for referring you to goPeer and the fee may have impacted their decision to refer you. goPeer is not aware of any actual or potential conflict of interest as a result of your referral.

*The return is calculated using an IRR (Internal Rate of Return) formula. It is the rate earned on every dollar actively invested and does not include uninvested cash. Returns are calculated net of fees, promotional credits, and late fees. Past performance is not a guide to future returns, and your capital is at risk when investing through goPeer. As you are investing in your own individual portfolio of loans, your actual return, and the actual bad debt you experience may be higher or lower than projected net returns. This data should not be relied upon to make investment decisions and is not a recommendation to purchase or trade securities. goPeer has taken reasonable care to ensure the accuracy of the calculation but it has not been verified or reviewed by an independent third party. Please reach out to a Dealing Representative registered with Peer Securities Corporation (operating as goPeer) if you have any questions.