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| Rates |
Rates as of: July 24, 2006
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Purse Money rates represent those associated with the earnings of horses and the related fees.
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Position: |
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1st |
2nd |
3rd |
4th |
5th |
| Percentage of Purse Earned |
50% |
25% |
12% |
8% |
5% |
| Driver Fee |
5% |
5% |
5% |
5% |
5% |
| Trainer Fee |
5% |
5% |
5% |
5% |
5% |
| Online Harness Owner, Management Fee |
5% |
5% |
5% |
5% |
5% |
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Training Fees are billed monthly and represent the expenses associated with the training and stabling of the horses. Training Fees are set at the time that a horse becomes part of the Online Harness Owner stable and remain constant throughout the horse's lifetime with Online Harness Owner.
| Trainer: |
Monthly Training Fee (Including GST): |
| Marty Fine |
$106.00/Share |
| Bruce Goit |
$92.75/Share |
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Transactions Fees are charged as a percentage of the total transaction amount.
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Fee: |
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Administration Fee |
GST |
PST |
| Sale of Current Shares |
5% |
6% |
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| Purchase of Future |
- |
- |
- |
| Fulfillment of Future |
- |
- |
- |
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In order to make the purchasing of futures a worthwhile investment, Online Harness Owner pays interest on the maximum value of the future. Interest earned is automatically applied against the actual realized cost of the shares when the future is fulfilled.
| Class: |
Annual Interest Rate: |
| A1 ($180,000 - $200,000) |
- |
| A2 ($160,000 - $180,000) |
- |
| A3 ($140,000 - $160,000) |
- |
| A4 ($120,000 - $140,000) |
- |
| A5 ($100,000 - $120,000) |
- |
| A ($80,000 - $100,000) |
- |
| B ($60,000 - $80,000) |
- |
| C ($40,000 - $60,000) |
- |
| D ($20,000 - $40,000) |
- |
| E ( - $20,000) |
- |
Please Note: Some classes of shares, which are not usually offered may not be listed above and may offer different levels of interest. For more information, please view the details of the futures.
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* PLEASE NOTE: THE RATES AS LISTED ABOVE MAY CHANGE WITHOUT NOTICE, AND SOME SHARES MAY HAVE DIFFERENT FEES ASSOCIATED WITH THEM. MAKE SURE TO CHECK ALL OF THE RELEVANT DETAILS BEFORE PURCHASING A SHARE OR FUTURE.
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