INVESTING WITH CANGUARD
For investors looking for investment growth with an option for residual income, Canguard is a well-managed and diversified MIC. With as little as $10,000 investors can begin their investment with Canguard. As an open fund, investors can redeem shares in as little as 30 days with no fees or penalties.* Canguard’s focus is on client satisfaction and to ensure portfolio growth. Registered accounts may be charged fees by the 3rd party trust company and share redemptions must follow our redemption policy.
Along with cash investments, Canguard MIC also offers RRSP, TFSA, RIFF, and RESP registered accounts. Investing in registered accounts at Canguard is an excellent alternative to fee-driven income options such as stocks or mutual funds. TFSAs, RRSPs, RESPs, and RRIFs offer specific benefits, including tax deferrals or grants.
* Please review Canguard’s Redemption Policy within our Offering Memorandum for our full redemption policy.
Data as of December 31, 2023
DIVIDEND TRACK RECORD
Canguard MIC is a tax-exempt Mortgage Investment Corporation and therefore distributes 100% of net profits to our investors. As MIC dividends paid to investors are treated as expenses for tax purposes, the company is not taxed. This results in a greater return for our investors.
Our investors purchase cash and registered shares in Canguard MIC and we invest that capital in high-value mortgages, secured by real estate. Each mortgage has an interest rate based on the borrower’s profile and risk assessment. We balance our mortgage portfolio to reduce risk and maximize investor return.
PORTFOLIO & PERFORMANCE
The fundamental objective of Canguard MIC is to provide asset security and steady returns by investing in a diversified portfolio of residential first and second mortgages. Individual mortgages will not exceed 75% loan to value ratio at funding or renewal. Target asset allocation of the fund is 70% 1st mortgages and 30% 2nd mortgages.
| 2023 | $230,000,000.00 (rounded) |
| 2022 | $167,000,000.00(rounded) |
| 2021 | 115,000,000.00(rounded) |
| 2020 | $62,000,000.00(rounded) |
| 2019 | $43,000,000.00(rounded) |
| 2018 | $35,000,000.00(rounded) |
| 2017 | $20,000,000.00(rounded) |
| 2016 | $14,,000,000.00(rounded) |
| 2015 | $8,000,000.00(rounded) |
| 2014 | $6,000,000.00(rounded) |
| 2013 | $4,000,000.00(rounded) |
| 2012 | $4,000,000.00(rounded) |
Fund Size
Data as of December 31, 2023
MORTGAGE INVESTMENT OVERVIEW
Data as of December 31, 2023
| Number of Mortgage | 132 |
| Dollar Volume of Mortgage Assets | $230,000,000.00 |
| Percentage of 1st Mortgages | 88% |
| Percentage of 2nd Mortgages | 12% |
| Weighted Average LTV | 54.18% |
| Average mortgage Term (in months) | 15 months – 2 Years |
* Before investing please read Canguard’s Offering Memorandum which details risk. Mortgage investments are not guaranteed, returns may fluctuate, and past performance may not be repeated.