After the stock market's miserable recent performance, it's hard to believe there could be any Canadians who might still be described as happy investors.

They're a rare breed, but they're definitely out there. You just have to know where to look.

A good place to start is League Assets Corp., a private investment team based in Victoria, B.C.

A reliable player with a track record that stands up to intensive scrutiny, League manages a private real estate investment trust (REIT) that boasts $200 million in assets and to date and has yielded in excess of 15 percent, including monthly distribution payments.

League Assets Corp. investors are still smiling.

League's Member-Partners were shielded from the disastrous equities market slide of 2008 and they continue to prosper. They'll tell you it's a wonderful feeling to be able to sleep soundly at night.

"There's a reason it's called a trust. We give our members concrete reasons for placing their trust in us," says founding partner Emanuel F. Arruda.

"To date, League Assets Corp. has never seen a decrease in the value of our units. Nor have we ever missed a distribution payment to any of our purchasing members."

League's business plan is built around the management of limited partnerships made up of independent passive investors who seek monthly cash flow, capital appreciation and preferential tax treatment, with the added protection of minimal risk and limited debt liability.

On behalf of their investors, Arruda and his Partner and Co-Founder Adam Gant, purchase large residential and commercial properties, undervalued assets that are situated in strong Canadian markets. Once bank financing is in place, the team sets out to enhance the value of these revenue-generating properties, by renovating/upgrading the asset itself; by strengthening the asset's management profile; and by optimizing occupancy rates.

Investors can participate by purchasing one of two tax-efficient, RRSP-eligible REIT units, both of which are backed by the same pool of assets. League's "traditional" REIT units have steadily risen in value, without exception. Monthly cash distributions have never dropped below 10.05 cents per unit per annum.

And, recently, League introduced its new Income Priority Unit, which functions much like a preferred share in a publicly traded corporation.

These can be purchased, on a no-minimum basis, for either a one or two-year term.

"It works this way," says Arruda. "If you go for the single-year term, you take back the full amount of your investment at the end of term, during which you've earned 8.5 percent in monthly distributions. That climbs to 9.25 percent, should you opt for the two-year term," he adds.

Long-time Member-Partners will assure you that they feel comfortable with the League Assets business model for all kinds of reasons. It begins and ends with the trust factor.

For starters, League avoids "traditional" sales methods. There's no hustle, no hassle, no pressure, no pitch. Instead, the company shows prospective investors how to make fully informed decisions long before they sign on.

"We go to a great deal of trouble to educate our members," insists Arruda.

"Everything is clearly spelled out on paper, so you're familiar with the entire risk-reward picture before we ever meet you in the office."

Interested parties are urged to download an informative, highly readable document known as the Blue Book of Real Estate Syndication (www.league.ca' target='_new'>www.league.ca) before meeting with the League team. After that, your questions will be answered in detail by a company representative.

Absolute transparency is a watchword at League Assets Corp. In fact, the REIT's unit value is certified annually by an independent valuator. Every move the company makes is aligned with policies and beliefs outlined within League's published corporate credo. "The credo is kind of our version of the Ten Commandments," says CEO Gant. "It's all about full disclosure, right up front."

In fact, the founding partners take full responsibility for every transaction within the REIT, personally guaranteeing the mortgage of every piece of property they purchase on behalf of Member-Partners.

"Other operators usually take 20-percent ownership in the property, just for putting the deal together. But Adam and I didn't think that was fair," Arruda adds.

As a result the founding partners don't earn their percentage until it's time to exit the asset in question, once value is locked in. At that time, the founders' earnings are determined by third-party appraisers.

Meanwhile, every one of the asset pools formed with the help of League Assets Corp.

Member-Partners is audited on a yearly basis by independent auditors.

Besides, you'll enjoy sleeping peacefully through the night. Please visit www.league.ca' target='_new'>www.league.ca for further information. Or contact the office toll-free at 1-877-772-8836.