Tables
Geo Allocation
wdt_ID | Area | Allocation |
---|---|---|
1 | GTA | 75 |
2 | Golden Horseshoe | 25 |
Security Position
wdt_ID | SecuredPosition | Allocation |
---|---|---|
1 | 1st Position | 67 |
2 | 2nd Position | 33 |
Property Type
wdt_ID | Property Type | Allocation |
---|---|---|
1 | Detached | 74 |
2 | Townhome | 9 |
3 | Semi-Detached | 11 |
4 | Condo | 6 |
Annual Yields
wdt_ID | Year | Yield |
---|---|---|
1 | 2012 | 10.00 |
2 | 2013 | 10.00 |
3 | 2014 | 10.00 |
4 | 2015 | 10.00 |
5 | 2016 | 10.00 |
6 | 2017 | 9.50 |
7 | 2018 | 9.00 |
8 | 2019 | 9.00 |
9 | 2020 | 7.00 |
10 | 2021 | 7.00 |
11 | 2022 | 7.75 |
Non Bank Lending
wdt_ID | Year | Percentage |
---|---|---|
1 | 2013 | 17.3 |
2 | 2014 | 18.0 |
3 | 2015 | 18.3 |
4 | 2016 | 19.0 |
5 | 2017 | 19.7 |
6 | 2018 | 25.0 |
7 | 2019 | 28.0 |
LTV
wdt_ID | Mortgage Position | Loan to Value % |
---|---|---|
1 | 1st Position | 63.0 |
2 | 2nd Position | 49.0 |
Fixed Income Compared
wdt_ID | Fixed Income Options | Interest Rate Expectations | Benefits | Risks |
---|---|---|---|---|
1 | Gov't of Canada Marketable Bonds | 0.23%1 | Low credit risk, considered to be “risk-free”. Very liquid. | After factoring for expected inflation, the real rate of return is likely negative. |
2 | Government Bonds (Provincial) | 0.25 - 1.7%2 | Low credit risk and very liquid. | After factoring for expected inflation, the real rate of return is likely negative. |
3 | GICs | 0.1 - 1.85%3 | Generally are liquid but if cashed before maturity are subject to a fee. | Credit risk is dependant on the issuer. Riskier than Government bonds and only guaranteed to a limit (usually $100,000). |
4 | Corporate Bonds (Investment Grade) | 3.06%4 | High credit rating issued by a leading credit rating agency. Pay a higher interest than Government Bonds and GICs. Generally has good liquidity. | Credit risk is dependant on the issuer. They are risker than Government Bonds & GICs, but have a high credit rating, putting them in the Investment Grade category.Foreign currency risk associated with non-Canadian issuers. |
5 | Corporate Bonds (Below Investment Grade) | 3 - 5% | Pays a higher interest rate as a result of its low credit rating. | Below-investment grade credit rating issued by a leading credit rating agency, making it higher risk. Liquidity can also be a challenge, especially in a down market.Foreign currency risk associated with non-Canadian issuers. |
6 | Mortgage Funds (Residential) | 7- 8% | Pay a higher interest rate. Credit risk is mitigated by a registered lien on residential property. Most are able to offer quarterly liquidity. Not correlated to public markets. | Private funds are not rated and therefore investors must rely on the local real estate market where the fund issues the loans. |