As of June 30th, 2020, Gentai Capital has managed GMIC for over 7 years and 9 months, funding 374 mortgages totalling $457.90 million, successfully achieving the target annual return of 8.24%*, and consistently paying dividends (31 dividends + 2 special distribution) with total dividends paid of $36,364,530. * There is no guarantee of performance. Past performance may not be repeated.

GMIC Performance (Quarterly) As of June 30th, 2020

Highlights of the Quarter:

  1. Total mortgage interest of $3.60 million.
  2. Regular quarterly dividend continues at $0.02 per quarter ($0.08 annualized), plus a special dividend at year-end, as determined by the board of directors.
  3. The loan portfolio has an average loan-to-value (LTV) of 53.19%.
  4. Mortgage receivables of $146.40 million.

Continued focus on low-risk real estate sectors

By Geographic Location:

  • Mortgage properties are concentrated in central urban areas; Vancouver, Surrey accounted for the top two.
  • Central urban areas are preferred locations where the real estate market is active and less volatile.

By Mortgage Type:

  • Mortgage types include single houses, townhouses, condos, commercial, land, and construction. Single houses consisted of 37.68% of the mortgage portfolio. Diversification in investments is expected to lessen the risks involved.

By Mortgage Interest Rate:

  • As of June 30th, 2020, the average mortgage interest rate is 10.22%.
  • Gentai Capital applies strict control in risk management throughout the loan process. Due to the strict and robust lending policy, Gentai Capital has not only consistently achieved a 8.24%* return for investors in seven years and nine months, but also strictly controlled the potential risks involved to generate such a high rate of return.

By Mortgage Position:

  • Firs position over 59.50%.