FUND FACT SHEET
Capital Direct I Income Trust is an open-end investment trust governed by the laws of Ontario. The trust is a pooled investment vehicle that holds a portfolio of residential mortgage loans to generate stable distributions to unitholders.
FUND FACT SHEET
FUND OVERVIEW
Capital Direct I Income Trust is an open-end investment trust governed by the laws of Ontario. The trust is a pooled investment vehicle that holds a portfolio of residential mortgage loans to generate stable distributions to unitholders.
INVESTMENT HIGHLIGHTS
Preserve Capital
Generate Quarterly Income for Investors
Not Correlated to Equity Markets
Stable $10 Unit Value
FUND DETAILS OF CAPITAL DIRECT I INCOME TRUST (as of September 30, 2019)
| Manager | Capital Direct Management Ltd. |
| Fund Type | Open-ended Investment Trust |
| Inception Date | June 2006 |
| Minimum Investment | $5,000 |
| Distributions | Quarterly |
| Dividend Reinvestment Plan (DRIP) | Yes |
| Class A Annualized Return for Q3 2019 |
7.02% * |
| Mortgage Type | Residential |
| Weighted Average LTV | 54.0% |
| Registered investment Qualified (TFSA, RESP, RRSP, RRIF) |
Yes |
| Total Assets | $210 Million |
| Geographical Diversi cation | BC, AB, ON, Atlantic |
| Trustee | ComputerShare Trust Company of Canada |
| Closings | Monthly |
| Analyst Rating | 2: Very Good Return to Risk Ratio |
Capital Direct I Income Trust Annual Rate of Return
Net of Management Fee + Income Participation**
This document does not provide disclosure of all information required for an investor to make an informed decision. Investors should read the offering memorandum, especially the risk factors relating to the securities offered, before making an investment decision.
All subscriptions for the purchase of units are made pursuant to available exemptions. Past performance is not an indication of future returns.
* Annualized return is based on Q3 2019 income produced by the Class A Units of the Trust.
** Annual return is based on income produced by the Class A assets of the Trust in that year after any voluntary reduction in Management fees or Income Participation. Annualized quarterly return (indicated by "Q") is based on income produced by the assets of the Trust in that quarter.
PORTFOLIO SUMMARY
Loan-to-Value (LTV)Calculated as Financing outstanding divided by the value of security pledged.
Weighted Average LTV
54.0%
| 75 - 89.9% | 4% | |
| 65 - 74.9% | 24% | |
| 55 - 64.9% | 29% | |
| 45 - 54.9% | 19% | |
| < 45% | 24% |
Term to MaturityThe remaining number of months until the principal of a mortgage is scheduled to be repaid.
| < 24 months | 29% | |
| < 18 months | 20% | |
| < 12 months | 26% | |
| < 6 months | 25% |
Security PositionPlace in line held by the Fund should a borrower default.
| 1st | 38% | |
| 2nd | 59% | |
| 3rd | 3% |
Location of MortgagesGeographically diversified mortgages primarily within 90 km of major urban areas.
| BC | 48% | |
| Ontario | 44% | |
| Alberta | 7% | |
| Atlantic | 1% |
OVERVIEW
Capital Direct Management Ltd.
555 West 8th Ave. Vancouver,
British Columbia. V5Z 1C6
Tel: 604-430-1498
Fax: 604-430-3287
Toll Free: 1-800-625-7747
Email: CDIT@CapitalDirect.ca
V A N C O U V E R
Tim Wittig
Vice President
Phone: 1-800-625-7747
Email: TWittig@CapitalDirect.ca
Barbara Insley
Chief Compliance Officer
Phone: 1-800-625-7747
Email: BInsley@CapitalDirect.ca
All investments carry risk. Past performance is not an indication of future returns. Depending on what exemption is being relied upon, a purchaser will receive the appropriate risk acknowledgement and an Offering Memorandum.
All subscriptions for the purchase of units are made pursuant to available exemptions.