TRACK RECORD

For over 30 years, Alta West Capital (AWC) has been providing mortgage investment opportunities to investors. AWC is an established long-term alternative lender in residential mortgage portfolio management.

HISTORICAL RATE OF RETURN

AWC offers 2 MIC products: AWM Diversified MIC was created in 2004 and First Place MIC was created in 2007. Our MIC products have not had a negative yield from inception to current date*.
*Past performance is no guarantee of future results. Actual performance will vary.

PORTFOLIO COMPOSITION AND DIVERSIFICATION

AWC underwrites residential mortgages in urban centres across Alberta, British Columbia, and Ontario, where typically housing and mortgage demand is high. The AWC portfolio mainly consists of owner-occupied residential properties that are comprised of first and second mortgages, with minimal exposure to commercial mortgages and no land developments as AWC understands that there can be a significant risk difference between residential, multi-family residential, commercial, and land development projects. AWC portfolio consists primarily of mortgages with a one-year term.

MANAGEMENT FEES

AWC pays for the MIC’s operations costs out of its management fee. AWC is paid a management fee of 2% per annum on the outstanding share capital of the MIC for portfolio management. There are no management fees paid on the leveraged portion of the portfolio. The Manager pays all its own costs, expenses and overhead relating to its services.

INVESTMENT POLICIES

AWC offers weekly purchases and, redemptions are offered monthly subject to the availability of funds.

DIVIDEND DISTRIBUTION

Dividends are distributed on a monthly basis. Dividends can be either paid out or reinvested in additional shares, depending on the investor’s needs.

INVESTMENT LIMITS

To help safeguard against credit risk, AWC maintains a maximum loan-to-value of 75% (First Place MIC) and 90% (AWC Diversified MIC). The goal is to maintain a weighted portfolio with a loan to value-of 75% or less. An independent valuation is obtained on each mortgaged property.

TRANSPARENCY

Monthly and annual statements, along with audited financial statements are readily accessible on AWC’s investor portal.

Learn more about our First Place MIC and AWC Diversified MIC

START YOUR INVESTMENT JOURNEY

For insights into AWC’s investment opportunities, our friendly Investor Relations team will be happy to answer any questions you have.

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