Author name: 许群 Christine
知识问答
| FUND FACTS READY CAPITAL MORTGAGE INVESTMENT TRUST Empowering Financial Stability. DEC 31, 2022 | |||||||||||||||||||||||||
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FUND FACTS READY CAPITAL MORTGAGE INVESTMENT TRUST
Empowering
Financial Stability AS OF
DEC 31, 2022 FEATURES
Inception Date February 1, 2019
Anticipated Annual Return *1 Income Distributions*1 8%+
Fixed Monthly (based
on 8% annual anticipated return) plus year-end adjustment
Investment Type Income Fund (secured mortgage
debt) Interest income only (T3) Type of Accounts TFSA/RRSP/LIRA/RRIF CASH (individual/corporate accounts)
Term *2 Redemptions*2 No Locked-in or Commitment Period
2-month notice
Minimum Investment $25K Distribution Channels Exempt Market Dealers (Belco Private Capital, Genesis Wealth Management Corp)
Administrator Falcon Ridge Management Registered Account Administrator Olympia Trust Company Legal Counsel AUM Law Firm
Auditor Segal GCSE LLP PROFILE OBJECTIVE
Ready
Capital Mortgage Investment Trust, a Mutual Fund Trust registered in Ontario,
Canada, is a mortgage debt
fund. All investments are mortgages secured
by real estate properties,
currently all in Ontario. Our goal is to offer investors
passive, stable and flexible investment options with excellent returns, while prioritizing the preservation of investment capital.
If an investor had invested $100,000.00 in the Trust since the inception date on Feb 1st, 2019, as of March 31st, 2023, that
$100,000.00 would have grown to $140,776.46 which translates to 40.78% ROI. PORTFOLIO SUMMARY AS OF DEC 31, 2022 Mortgage Portfolio 50% 1st mortgage (LTV 61.37%)
39% 2nd mortgage (LTV 74.63%)
9% Blanket 2nd (LTV 56.75%)
1% Blanket 1st & 2nd (LTV 55.54%)
Top Geographical Locations Toronto Durham Halton Peel York
MANAGEMENT TEAM
CHRISTINE XU PRESIDENT | TRUSTEE With over 30 years of experience in the Canadian
banking and investment field, Christine
has spent the last 23 years as a Mortgage Broker winning numerous industrial awards and recognitions including: four-time recipient
of the “Alternative Broker Specialist of the Year” Award (CMA 2022/2020/2018/2015); “Mortgage Global 100” (CMP 2021/2022); "Women of Influence"
(CMA 2022/2021/2020/2019/2017/2015); etc.
RON CUADRA COO |
TRUSTEE Ron has over 25 years of experience in Canadian banking
and mortgage industry.
He has a vast variety
of experience including
sales, underwriting, training
and administrative positions. He was the former SVP at Marathon
Mortgage Corporation as well as the former VP and Director at Home Trust
and Home Loans Canada.
MICHAEL CUADRA UNDERWRITING AND SALES Michael brings 15 years of experience in financial
services and market research, previously was the Senior
Manager of Underwriting at Home Trust.
MARTIN REID TRUSTEE Martin, a Chartered
Accountant, brings extensive
senior management experience in the financial
service field, previously
serving as President
and CEO of Home Trust
and Home Capital
Group.
ROBERT KLIGERMAN CORPORATE COUNSEL As a Corporate Commercial lawyer, Robert
has been in practice for over 40 years and is responsible for the legal and administrative affairs of Ready Capital.
*1: The Trust anticipates an annual return of over 8%, with a compound
annual return of over 8.3%. Based on
this 8% anticipated annual return, the Trust distributes a fixed monthly return
to its unit holders. As per the tax
regulations, the Trust is obligated to distribute all of its profits to every unit holder annually, upon the availability of the year-end
audited financial statements.
*2: There is no locked-in or commitment period for investments in the
Trust. All investments can be
redeemed any time with a 2-month notice (If the investment amount is over $1
million, investors are required to provide a 3-month notice). If redeem within the first 12 months, a 3% redemption fee will apply.
These materials are for information purposes only and do not constitute
an offer, or solicitation by any person in any jurisdiction where such offer
or solicitation is not authorized or to any person
to whom it is illegal to make such offer or solicitation. Any offering is made
only pursuant to the relevant
offering memorandum together with the relevant subscription agreement, both of which should be read in
their entirety. Neither the Ontario Securities
Commission nor any other securities regulatory authority of any Canadian
jurisdiction has passed upon the accuracy
or adequacy of this information material, and any representation to the
contrary is unlawful. The contents of this presentation are not to be construed
as legal, financial or tax advice.
Each individual should contact his, her or its own legal adviser, independent financial adviser or tax adviser for legal, financial or tax advice. Actual results may
differ and are not guaranteed. Ready Capital Mortgage Investment Trust has
appointed Belco Private Capital Inc.
and Genesis-Wealth Management Gorp. as the Exempt Market Dealers. Investors are encouraged to review the
offering documents. PAST PERFORMANCE IS NOT A
PREDICTOR OF FUTURE PERFORMANCE AND SHOULD NOT BE RELIED UPON AS SUCH.
Please visit our website
www.Ready Capital.ca for Offering Memorandum or other information. |
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