FTLPs, as investments primarily in the oil, gas and minerals sectors, seem likely vehicles to benefit from global trends.
FTLPs were created to allow professional managers to build portfolios of flow-through shares for investors and still allow for the tax benefits (i.e.
FTLPs can be offered at any time but often raise funds early in the year to have time to deploy the funds and, not surprisingly, to coincide with individual tax return deadlines.
Investors in FTLPs usually find the amounts invested to be fully or almost fully deductible against other taxable income in the year the investment is made.
Corporations can also own FTLPs. While it's generally tax inefficient to realize capital gains in a corporation, it might make sense to use FTLPs when a corporation has capital loss carry-forwards.