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 Fisgard Capital Overview
and offering please follow the link below.Financial Summary
Net Assets ($)
Mortgages
$182,203,855
Cash
$3,337,062
Other Current Assets
$55,036
Limited Partnerships
$28,358,381
Real Property
$210,317
Less: Provisions
$1,643,073
Less: Line of Credit
$8,813,834
Total
$203,707,744
* As of 28-February-2017 (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).
Historical Dividend Returns
Based on Fisgard’s 5-year investment
Investment Period
Cash Dividend
Growth based on
Reinvested Dividends
Last Year
5.083%
5.181%
Last 3 Years
5.000%
5.095%
Last 5 Years
5.001%
5.095%
* As of 30-Sept-2017
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 16, 2017
Portfolio Weighted Average Loan to Value
56.70%
Investment Type
CASH, TFSA, RESP, RRSP, RDSP
Investment Maturity
5, 3 & 1 Year
-
Caption Text1
Based 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.
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
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