2021 was a milestone year for Aventus Capital as we completed our 4th consecutive year of 10%+ returns (annualized and net of management fees). This continues to exceed our target of 9% and helps our investors achieve their financial goals.
High inflation rates in Canada and the US along with the weak stock market outlook has made our Fund an even more attractive investment. Our priority is to maximize returns, minimize volatility and ensure that investors’ funds are safe and secure despite a volatile economic environment.
The Fund has consistently generated 10% to 15% returns since inception by investing in 2nd position mortgages in Greater Vancouver and the Fraser Valley, a business we understand from our team’s extensive industry experience in banking, mortgage lending, real estate investing and development.
Return history assumes all dividends issued by Aventus Capital are reinvested. The chart above shows that $10,000 invested with Aventus Capital on January 1, 2018 would be valued at approximately $17,000 today – a total 19-quarters return of 72.3%. The S&P TSX index would be valued at only $11,000 today – a total 19-quarters return of 10.0%.
ELIGIBLE ACCOUNT TYPES
Minimum Investment of $10,000. Registered accounts are administered by Olympia Trust Company – a federally regulated Canadian Trust Company.
Quarterly Dividends and Redemptions
100% of the Corporation’s net income is distributed to shareholders (investors). Shareholders may elect to receive this income as cash dividends every quarter or participate in the quarterly dividend reinvestment (DRIP) program where the Corporation’s dividends are distributed to them by the issuance of additional shares. Dividends received with respect to non-registered investments are taxed as interest income in the shareholders’ hands.
Shareholders may retract (redeem) their shares with a minimum 6 months written notice, after the first anniversary of the issuance of those shares. Redemptions are completed twice a year, on June 30th and December 31st, subject to available cash in the fund. Mid-year redemptions are available on a case by case basis, depending on the cash position of the Fund. All requests for redemption of shares will be treated on a “first come – first served” basis.
The corporation completes an annual audit at the completion of its fiscal year end – December 31st. The audited statements are made available to every investor upon request. Investors are encouraged to contact us at email@example.com for a copy.
Our Exempt Market Dealer is Drake Financial Ltd.
Any investor inquiries must be sent to
Parm Soor | Dealing Representative
Drake Financial Ltd.
A MIC is an investment and lending company designed specifically for mortgage lending (primarily residential lending) in Canada. Owning shares in a mortgage investment corporation enables you to invest in a company (“Fund”) which manages a diverse and secure pool of mortgages. Mortgage Investment Corporations are provincially registered and licensed, with the management of the Fund under the direction of a provincially licensed Mortgage Broker.
To qualify as a MIC in Canada, a number of tax laws and regulatory requirements must be met including:
- A minimum of 20 shareholders (investors) with no single shareholder owing more than 25% of the MIC
- At least 50% of assets must be comprised of residential mortgages, and/or cash and insured deposits at Canada Deposit Insurance Corporation member financial institutions.
- Up to 25% of assets can be invested directly in real estate but the MIC may not develop land or engage in construction. This ceiling on real estate holdings does not include real estate acquired as a result of mortgage default.
- All mortgage investments must be in Canada, but a MIC may accept investment capital from outside of Canada.
The Manager for the MIC (Aventus Mortgage Group Inc.) has three objectives; capital preservation, superior returns, and reliable dividend distributions to our investors.
1st and 2nd mortgages on properties located in BC’s Lower Mainland and Fraser Valley. The majority of mortgage investments will be on residential properties: Single Family Detached, Duplex, Strata (condo), properties under construction and residential land. We would also lend on commercial properties including retail, office, multi-family (Apartment), mixed-use, and industrial. This is a market you know and these are properties you may drive by.
Aventus Capital Corp. has entered into a Management Agreement with Aventus Mortgage Group Inc. (the “Manager”) who is responsible for sourcing mortgage investments for the Fund. The Manager also monitors and manages the mortgage portfolio and makes loan decisions in the best interests of the Fund’s shareholders. The Manager also develops and implements all aspects of the Fund’s marketing and distribution strategy. In exchange for the management services detailed above, the Manager receives a fee from the Fund equal to 2% per annum of the total value of the mortgages under administration (the Manager does not receive a fee for cash balances in the Fund).
You can invest your cash savings directly with us or via any registered plan (RSP, RIF, LIRA, TFSA, RESP, etc…) – registered investments are administered by the Olympia Trust Company.
Yes, we work with an EMD company named Drake Financial based in Abbotsford, B.C. Investors will meet with our EMD to learn more about our mortgage investments and fully understand the risks involved in mortgage investing, prior to completing their share purchase. To be licensed as an EMD, registrants must pass a series of exams to ensure proficiency. In addition, compliance rules are in place to ensure that a strict code of conduct and proper client processes are followed to ensure fair and transparent service. Also, EMDs must file audited financial statements, and maintain minimum levels of capital and insurance.
You will receive a quarterly statement in the mail, which will include portfolio highlights. Annual audited financial statements are available to shareholders on request.