The objective of the Trust is to provide stable and secure cash distributions of income while preserving net assets attributable to holders of trust units. Our mandate is to seek returns commensurate with risk and adopt a long-term strategy for growth and capital preservation.
For nearly 15 years we have managed investor capital with integrity, as if it were that of our family and friends and, indeed, much of it is. Our track record has been perfect, and we will continue to strive to meet this standard and your expectations. We are committed to building long-term solid relationships with our Investors that lead to long standing partnerships. We thank all investors for their ongoing loyalty, confidence, and support.
$250 million Assets Under Management, Average net yield to investors of 8% since inception with ongoing monthly distributions, 65% loan to value investments.
Owemanco Mortgage Trust Units are eligible for most types of Canadian registered plans
Trust’s custodians for the registered investments of our Unitholders
Trust’s Exempt Market Dealer
Returns from private mortgages have remained far more consistent than many other types of investments
Help smooth out the ups and downs of your portfolio with an alternative to public market stocks and bonds
In the unlikely event a borrower fails to repay a loan, we can take control of the property and sell it to satisfy the debt
The investment industry is constantly changing: there’s always a “new, shiny object”. Charging interest on mortgages is a tried and-tested strategy. For over 30 years we have been doing the same thing, and it works.
Speak with us
Book a consultation with the Trust’s Investment team to learn more about the Trust and its performance history. Interested investors should contact Osama Iqbal Ahmed who is the Trust’s in-house Dealing Representative at Axcess Capital Advisors Inc., the Trust’s Exempt Market Dealer.| Year | Net Asset Value per Unit | Net Cash Distributions per Unit |
|---|---|---|
| 2023 | $0.982 | 9.85% |
| 2022 | $0.986 | 8.02% |
| 2021 | $0.984 | 7.1% |
| 2020 | $0.985 | 7.2% |
| 2019 | $0.995 | 7.7% |
| 2018 | $0.996 | 8.4% |
| 2017 | $0.993 | 7.4% |
| 2016 | $1.001 | 7.5% |
| 2015 | $1.010 | 8.1% |
| 2014 | $1.010 | 8.2% |
| 2013 | $1.000 | 8.4% |
| 2012 | $1.000 | 8.5% |
| 2011 | $1.000 | 8.0% |
| 2010 | $1.000 | 9.0% |
Risk Profile
What types of mortgages do the funds invest?
Loan to Value
A key metric to evaluate a loan inquiry which typically does not exceed 65%. The threshold varies based upon:
- Asset Class,
- Location,
- Type of Financing
Geography
Loans are secured by real estate situated in urban metros across Canada and the United States.
Exit Strategy
The Borrower must provide a valid exit strategy for the project as reviewed by the owemanco investment committee. Additional considerations such as pre-sale requirements, collateral security, and covenants may be required by the lender to support the exit strategy.
Diversification
We carefully monitor the composition of our investment funds to ensure that you are investing in a diversified mortgage portfolio:
- No loan represents greater than 10% of a fund
- No individual or entity can represent greater than 15% of fund
Reach out to our team to further discuss our diversification and investment policies for the Mortgage Income Funds.
