“Relentlessly strive for the best; as only the virtuous ones can bear the utmost burden”. We relentlessly pursue the principles of honesty and trust, we value our shareholders, borrowers, and our dedicated professional employees.
Since the company was founded nine years ago, we have achieved stable and high returns (8.24% – 8.35%). We have invested in 522 mortgages in total with a cumulative loan amount of $654.72 million, yielding a cumulative dividend distribution of $47,557,697 made up of 36 regular dividends and 2 special dividends. We continue to gain the trust of more and more investors every month. GMIC endeavours to build a national presence managing assets of $184.00 million and a mortgage portfolio of $174.36 million for 571 shareholders.
COVID-19, which emerged in late December 2019, directly impacted the investment markets with a dramatic decline and caused many investors to suffer significant losses. In contrast, GMIC continued to pay a stable dividend of 2% in each quarter of 2020 and now in Q1, Q2 and Q3 of 2021. We are now happy to announce that we will distribute the targeted dividend for Q4 of our 2021 fiscal year. This once again is a reminder of the importance of asset allocation and verifies the value of GMIC as an alternative investment product.
We are glad to announce that a new fund was launched in June. Since Gentai’s inception in 2012, a series of funds have been strategically planned to not only gain market share in the increasing Canadian mortgage market, but also give investors options to choose investments based on proper asset allocation strategies with an aim to achieving long term wealth creation. The Gentai Residential Mortgage Fund (GREF) will deploy investments into residential mortgages only, with a mandate for capital preservation, and a targeted yield of 5%-7%. This diversified pool of residential mortgages will be concentrated in British Columbia, Alberta, and Ontario. Please contact a Dealing Representative for details.
As of September 30th, 2021, Gentai Capital has managed GMIC for nearly 9 years, funding 522 mortgages totaling $655 million, successfully achieving the target annual return of 8.24%*, and consistently paying dividends (36 dividends + 2 special distributions) with total dividends paid of $ 47,557,697.
Highlights for the quarter
- Record mortgage interest income of $3.9 million
- Mortgage portfolio of $174.36 million
- The loan portfolio has an average loan-to-value (LTV) of 59.94%
- High-quality mortgage investment portfolio
GMIC – Mortgage Portfolio Analysis – As of September 30, 2021
By Mortgage Loan-to-Value Ratio (LTV):
- As of September 30th, 2021, the average loan-to-value (LTV) is 59.94%.
By Geographic Location：
By Mortgage Type:
By Mortgage Interest Rate：
By Mortgage Position:
* There is no guarantee of performance. Past performance may not be repeated.
We wish to thank our investors for your trust and support. It is our responsibility and our pride to provide you with a stable return on investment. We sincerely wish you and your family good health in this difficult period. Within the one year since the epidemic, Gentai took advantage of the Zoom platform to provide professional investment seminars and taste life series seminars to shareholders and their friends. Not only is the live broadcast getting handier, but with the efforts of excellence, the activities are fulfilling the needs of shareholders. The Gentai team repays the trust and support of shareholders with professionalism and sincerity.
Gentai Capital Corporation (Vancouver)
#200 – 3600 No. 3 Road,
Richmond BC V6X 2C1
Lending Department Office
Unit 805, North Tower, International Trade Centre,
8400 West Road, Richmond BC V6X 0S7
#228-505 Highway 7 E
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