Gentai Residential Mortgage Fund
This Fund invests in a diversified mortgage portfolio secured exclusively by residential real estate (predominantly detached homes, condominiums, duplexes and multi-family properties) to deliver a targeted yield of 5-7% while protecting investor capital .
100% of regular distributions can be earmarked to personal RSPs and TFSAs for tax-sheltered investing.
Open-ended Mutual Fund Trust
Offering Memorandum, Accredited Investors
6 Months After Issuance
June 1, 2021
Mortgage Portfolio Highlights
— September 30, 2023
Since our inception in 2012, we have strategically planned a series of funds to gain market share in the Canadian mortgage market and give investors options to choose investments based on proper asset allocation strategies with an aim to achieve long-term wealth creation. The Gentai Residential Mortgage Fund (GREF) focuses on making prudent investments in mortgages that are secured by residential properties in Canada, including detached homes, condominiums, duplexes, multi-family properties, and other properties. GREF deploys investments into residential mortgages only, with a mandate for capital protection and monthly distribution. This diversified pool of residential mortgages will be concentrated in British Columbia, Alberta, and Ontario.
GREF was created to be a fundamental part of a well-diversified investment solution for investors. We have invested in a total of 314 mortgages, with a cumulative loan amount of $189.03 million. Our investors have received a cumulative dividend distribution of $3,848,098, consisting of 27 regular distributions and 1 special distribution at 0.51%. Despite the significant challenges of the past year, including global economic uncertainty, rising energy and food prices, mounting inflation, and the ongoing impact of COVID-19, we are thrilled to announce that we will still be distributing returns according to our new target rates of 7.00% simple interest and 7.22% compound interest, in September 2023.