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.

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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, 2021)

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 2021
6.10% *
Mortgage Type Residential
Weighted Average LTV 53.0%
Registered investment Qualified
(TFSA, RESP, RRSP, RRIF)
Yes
Total Assets $336 Million
Geographical Diversication BC, AB, ON, Atlantic
Trustee ComputerShare Trust
Company of Canada
Closings Monthly
Analyst Rating 2: Very Good Return to Risk Ratio

Unit Class

A
C

Commission

1.5%
none

Trailer

1%
1%

Management Fee

2% Net Assets
2% Net Assets

Unit Class

A
C

Income Participation

20% Maximum
20% Maximum

Redemptions

Semi-Annual
Semi-Annual

REDEMPTIONS

Class A and C: Units are retractable by written notice not less than 30 days prior to the last business day of June or December in any year at a retraction price equal to the declared but unpaid Return plus the Net Assets Value per Unit subject to the following charges:


Class A

Time of Redemption

DSC Charge

Prior to the 1st Anniversary of Acquisition
After 1st Anniversary but before 2nd Anniversary
After 2nd Anniversary but before 3rd Anniversary
After 3rd Anniversary but before 4th Anniversary
After 4th Anniversary but before 5th Anniversary
After 5th Anniversary of Acquisition
5%
4%
3%
2%
1%
0%

Class C

Time of Redemption

Short Term Trading Charge

Within the 1st 180 Days of Acquisition
After 180 Days
2%
0%


Capital Direct I Income Trust Annual Rate of Return
Net of Management Fee + Income Participation**


All investments carry risk. Past performance is not an indication of future returns.
* Annualized return is based on Q3 2021 income produced by the Class A Units of the Trust.
** Annual return is based on income produced by the 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
53.6%
  75 - 89.9% 2%
  65 - 74.9% 18%
  55 - 64.9% 33%
  45 - 54.9% 20%
  < 45% 27%
Term to Maturity
The remaining number of months until the principal of a mortgage is scheduled to be repaid.
  < 24 months 23%
  < 18 months 15%
  < 12 months 32%
  < 6 months 30%
Security Position
Place in line held by the Fund should a borrower default.
  1st 60%
  2nd 38%
  3rd 2%
Location of Mortgages
Geographically diversified mortgages primarily within 90 km of major urban areas.
  BC 53%
  Ontario 37%
  Alberta 6%
  Atlantic 2%
Source: Company Reports

OVERVIEW

Capital Direct Financial Ltd.

Suite 305
555 West 8th Ave. Vancouver,
British Columbia. V5Z 1C6

Tel: 604-430-1498
Fax: 604-430-3287
Toll Free: 1-800-625-7747

Email: [email protected]

V A N C O U V E R
Sales & Marketing Contact:
Tim Wittig
Vice President
Exempt Market Representative

Phone: 604-430-1498
Toll Free: 1-800-625-7747

Email: [email protected]
Compliance:
Barbara Insley
Chief Compliance Officer

Phone: 1-800-625-7747

Email: [email protected]

This document does not provide disclosure of all information required for an investor to make an informed investment decision. Investors should read the current offering memorandum, especially the risk factors relating to the securities being offered, prior to making an investment decision. All subscriptions for the purchase of units are made pursuant to available prospectus exemptions. Depending on the exemption being relied upon, an investor will receive the appropriate risk acknowledgement together with the most recent offering memorandum. Sales of units in BC, Alberta, Saskatchewan, Manitoba and Ontario may be made through Capital Direct Financial Ltd. or a Dealer/Advisor. Sales of Units in all other provinces or territories must be made through a Dealer/Advisor.