Alta West Capital Investment Products
Uncover Alternative Fixed-Income Opportunities
Alternative Investment Opportunities
See why investors are seeking alternatives to traditional fixed-income products. Explore the alternative investment opportunities we offer.
Alta West Capital provides investors with exposure to the housing market through MIC investments in our professionally managed residential mortgage portfolios. Our goal is to create a stable portfolio of mortgages that provide consistent targeted returns for investors.
Alternative Investment Opportunities
See why investors are seeking alternatives to traditional fixed-income products. Explore the alternative investment opportunities we offer.
Alta West Capital provides investors with exposure to the housing market through MIC investments in our professionally managed residential mortgage portfolios. Our goal is to create a stable portfolio of mortgages that provide consistent targeted returns for investors.
Alternative Investment Opportunities
See why investors are seeking alternatives to traditional fixed-income products. Explore the alternative investment opportunities we offer.
Alta West Capital provides investors with exposure to the housing market through MIC investments in our professionally managed residential mortgage portfolios. Our goal is to create a stable portfolio of mortgages that provide consistent targeted returns for investors.
First Place MIC
FUNDSERV CODE: BEL 1811
First introduced in 2007, First Place MIC’s portfolio consists of first mortgages across Western Canada and Ontario, with the majority being owner-occupied residential properties. Each loan in First Place MICs portfolio has a loan-to-value ratio of 75% or less at the time of funding
PORTFOLIO SUMMARY
Figures as of September 30, 2024
$18.3M
assets under management1
52
number of mortgages
57%
weighted loan-to-value (LTV)2
1 Value of mortgages in the fund. 2 Calculated as loans outstanding divided by the value of the property secured at time of origination. The properties included in the weighted LTV calculation are of similar property types as 100% of the assets under management are residential properties, with the remaining being retail or mixed-use retail/ residential properties.
AWM Diversified MIC
FUNDSERV CODE: BEL 1801
AWM Diversified MIC was first introduced in 2004. The portfolio consists of first and second mortgages across Western Canada and Ontario in primarily owner-occupied residential properties. While each loan in AWM Diversified MIC’s portfolio has a loan-to-value ratio of 90% or less at the time of funding, the portfolios’ goal is to maintain a weighted loan to value of 75% or less.
PORTFOLIO SUMMARY
Figures as of September 30, 2024
$243M
assets under management1
982
number of mortgages
69%
weighted loan-to-value (LTV)2
1 Value of mortgages in the fund. 2 Calculated as loans outstanding divided by the value of the property secured at time of origination. The properties included in the weighted LTV calculation are of similar property types as 99% of the assets under management are residential properties, with the remaining being retail or mixed-use retail/ residential properties.
AWC Strategic Income Fund Ltd.
The AWC Strategic Income Fund Ltd. (SIF) is an investment product that issues debentures for a set term at a fixed interest rate. The current terms offered are 6, 12, 18 and 24 month terms. The portfolio consists exclusively of first mortgages with a maximum loan-to-value ratio of 65% or less. The mortgages are primarily residential properties located across Western Canada and Ontario. SIF is not Registered plan eligible.
Invest via Education Savings Plan (RESP)
A Registered Education Savings Plan (RESP) is an investment vehicle that allows parents in Canada to save for their children’s post-secondary education. The principal advantages of RESPs is access to the Canada Education Savings Grant (CESG) and a method of generating tax-deferred income.
Invest via Education Savings Plan (RESP)
A Registered Education Savings Plan (RESP) is an investment vehicle that allows parents in Canada to save for their children’s post-secondary education. The principal advantages of RESPs is access to the Canada Education Savings Grant (CESG) and a method of generating tax-deferred income.
Disclaimers:
Past performance is no guarantee of future results. Actual performance will vary. There is no assurance that AWM Diversified MIC, First Place MIC, AWC Strategic Income Fund Ltd. (SIF), or AWM Opportunity Fund LP. (AWMLP) will achieve its objectives or be able to pay interest consistent with historical payments. As such, interest/dividends are subject to all the risks of Diversified MIC’s, First Place, SIF, and AWMLP’s operations and industry and investments generally, including the ability of borrowers to make applicable payments under mortgages comprising the mortgage portfolios, real estate values, interest rates, unexpected costs, competition, the economy generally, and other factors beyond the control of Diversified MIC, First Place MIC, SIF, and AWMLP. There is liquidity risk as units of SIF and AWMLP or shares of First Place, and Diversified MIC are not publicly traded, and you may be unable to sell or redeem them in a timely manner, or at all. For a list of additional risk factors related to an investment in shares of First Place and Diversified MIC or investment in SIF debentures or units of AWMLP, see the Investment Risk section in the Alta West Capital Relationship Disclosure Document. Read the full disclosure here.