Fisgard Capital Corporation (“Fisgard”) was established in 1994 to provide investors an opportunity to earn income from a diversified, stable and growing portfolio of mortgages secured by valuable Canadian real estate property in growth regions of the five western provinces. The two primary goals of Fisgard are to preserve capital and provide consistent reliable returns to our investors. In good times as well as hard times Fisgard has delivered a reasonable dividend that compares favourably with other income investments, outperforming many. Fisgard has the enviable track record of having always paid dividends and made its qualified redemptions without fail. Our mortgage portfolio has a significant weighting of first mortgages, primarily residential mortgages. Individual mortgages will not exceed a 75% loan to value ratio at the time of origination. To achieve these goals Fisgard focuses on the nderserved market for borrowers that require short term special situation financing not currently offered by banks, credit unions or trust companies. Fisgard responds quickly to these borrower needs and provides excellent professional service. Our ability to provide quick response and reasonable and flexible financing terms has proven to be successful. If you would like to see Fisgard Capital’s complete fund details *Data as of 31-Mar-19Fisgard Capital Overview
and offering please follow the link below.Financial Summary
Net Assets ($)
Mortgages
$190,054,754
Cash
$949,072
Other Current Assets
$56,367
Limited Partnerships
$19,305,432
Less: Provisions/Fees
($1,039,449)
Less: Demand Operating Loan
($16,206,594)
Total
$193,119,582
* As of 28-February-2019 (unaudited)
Investments in real property which are held directly or indirectly through limited partnerships or other vehicles, as a result of action taken to enforce the Issuer’s rights as a secured lender (for example, in a foreclosure situation).
Fund Description
Managed By
Fisgard Asset Management
Investment Vehicle
Pooled flow through (tax exempt) Mortgage Fund
Initial Offering
January 1995
Net Asset Value per Unit
$1.00 as at March 28th, 2019
Portfolio Weighted Average Loan to Value
51.20%
Investment Type
CASH, TFSA, RESP, RRSP, RDSP
Investment Maturity
5, 3 & 1 Year
Quarterly Returns for 2018
Based on Fisgard’s 5-year investment
Year
1st Qtr
2nd Qtr
3rd Qtr
4th Qtr
Yearly Ave. Cash Dividend
Yearly Ave. Reinvestment Growth
5-year Term
2019
5.340%
5.340%
5.448%
Dividends and Investment Growth
Based on Fisgard’s 5-year investment
Investment
PeriodNET
CASHNET
GROWTH*TOTAL
GROWTH*ACCUMULATED
INVESTMENT*
Last Year
5.569%
5.686%
5.686%
$10,569
Last 3 Years
5.231%
5.335%
16.874%
$11,687
Last 5 Years
5.139%
5.239%
29.086%
$12,909
Last 7 Years
5.100%
5.198%
42.579%
$14,258
Last 10 Years
5.211%
5.314%
67.831%
$16,783
* Denotes reinvestment of dividends. Accumulated investment is based on a $10,000 investment at the beginning of the investment period.
* As of 31-Mar-2019
-
Caption Text1Based on Fisgard’s 5-year investment. Actual dividends paid will depend on a variety of factors. See the Offering Memorandum for further information on FCC’s dividend policy.Fisgard Capital CorporationNet Cash Return is exactly what Fisgard investors received (after deduction of all expenses) in the previous quarter. The rate of return has been rounded to the nearest one hundredth decimal position.
Before considering an investment please request a copy of Fisgard’s Offering Memorandum that details risk. Mortgage investments are not guaranteed, returns may fluctuate and past performance may not be repeated.
Fisgard Capital Corporation
Investment Solutions > Fisgard Capital Corporation
