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.

Charts

Location Pie Apex

Security Pie Apex

Property Type Apex

Annual Yields

Non Bank Lending

Loan to Value Horizontal

Loan to Value