An allocation to cash-flow generating music copyrights with established earnings histories, managed in partnership with Kilometre Music Group.
Available to accredited investors under prospectus exemptions.
Every song carries two copyrights: the composition and the recording. Each earns royalties every time the song is streamed, broadcast, performed, or licensed to film, television, gaming and advertising. The fund acquires these rights and collects the income they generate.
Royalties are earned each time a song plays, and listeners treat music subscriptions as a household staple. Streaming royalties are earned as a share of subscription and licensing revenues, so as subscription prices rise, the revenue pool the catalogue draws from rises with them. Licensing surfaces keep expanding across streaming, film and television, gaming, fitness and social platforms. The income has historically shown low correlation to equity markets, adding a differentiated stream to a portfolio.
Music copyrights are protected by copyright law. Protection runs for the life of the writer plus 70 years, often more than a century from the date a song is written. A catalogue acquired today can pay royalties for decades.
Michael McCarty of Kilometre Music Group on the case for music royalties.
Royalty income comes from listening, not trading. Its correlation to equity markets has historically been low.
Catalogues are sourced and underwritten on their earnings histories.
Streaming subscription prices and subscriber counts have both risen over the past decade.
Music copyrights are long-lived assets that can produce income for decades.
Like any investment, music royalties carry risk. Streaming trends, licensing rates and catalogue earnings can change. Risk factors are set out in the fund’s offering documents.
If catalogues are this valuable, why do artists sell them? Four reasons come up again and again.
A catalogue sale may be taxed as a capital gain, while ongoing royalties are taxed as income.
A sale converts future royalties into a fixed amount today.
Money now, rather than a decade or more of incremental payments.
A sale protects a legacy and simplifies an estate for the family.
The past two decades of global music were shaped by Canadian artists, and the rights to those songs were largely acquired abroad. The fund, managed in partnership with Kilometre Music Group and its principals Michael McCarty and Rodney Murphy, gives investors ownership in that catalogue.
Canadian Music Fund Aiming To Spend $200M Launches, Led By Michael McCarty
Canadian music investment firm buys publishing rights from Drake producer Murda Beatz
Ownership doesn’t come only through artist deals. Many of the era’s biggest songs were co-written or produced by names the public rarely sees. The fund builds positions in the catalogues of these writers and producers: DaHeala, Nineteen85, Frank Dukes, Murda Beatz, Belly, Nasri Atweh, Jahaan Sweet, Shaun Frank, William Phillips, Breyan Isaac, Young Bombs. Through their shares, the fund holds interests in songs recorded by the most-streamed artists of the era.
As of July 2026:
Streaming figures per Spotify, as of July 2026.
Hear the catalogue for yourself: listen to key songs on Spotify
Hear a selection of songs from the fund’s catalogue.
Catalogues are sourced and underwritten on their earnings histories, then actively managed: licensing opportunities pursued, rights administered, and income collected and distributed. The fund also supports new creations and artist development. The same discipline that governs every Barometer portfolio governs this one.
The fund is offered on a private placement basis under available prospectus exemptions, to investors who meet applicable eligibility requirements, including accredited investor criteria. Offering documents are provided to qualified investors.
Geoff Spidle, President, Private Client Group.
gspidle@barometercapital.ca
416-306-0042
This page is provided for information only. It is not an offer to sell or a solicitation of an offer to buy securities. Units of the Barometer Global Music Royalty Fund are available only to qualified investors under prospectus exemptions. Third-party projections are estimates and may not be realized. Details of the fund, including risk factors and fees, are contained in its offering documents.
The fund presentation and most recent quarterly report are available below.
