ABOUT THE TRUST | As at Nov 1st, 2019
8.0%WEIGHTED AVERAGE INTEREST RATE
$4.6 TOTAL IFRS PORTFOLIO VALUE
1st & 2ndSECURITY POSITION
3.5 AVERAGE TERM TO MATURITY
1 Year: 5.29%
|First Deployment of Capital (May 1, 2018)|
Historically steady and stable monthly distributions.
When you invest in SMIT, you’re gaining access to a risk-adjusted debt investment opportunity. SMIT can be a great alternative to bonds within the fixed income asset class of an investment portfolio.
Invest in 100% Canadian institutional mortgages, managed by a company with more than 20 years of experience in the Canadian real estate investment industry.
This investment is available to accredited investors and eligible investors.
$25,000 Minimum Investment
Lower minimum investment threshold than other products offered by Skyline Wealth.
Monthly Interest Payments
Historical track record of stable monthly distributions.
Dividend Re-investment Plan available for Registered accounts.
Registered Fund Eligible
Invest via your RRSP, TFSA, RRIF, etc
Targeted diversified portfolio of mortgages.
You’re investing in stable, 100% Canadian real estate mortgages.
No Redemption Fees
No surprise costs or fees upon redemption.
Historically Low Volatility
This private alternative investment is de-correlated from public market volatility.
SMIT MORTGAGE UNDERWRITING AND APPROVAL PROCESS
Short-term mortgages & bridge financing mortgages (6 month – 3 year terms).
First National Financial LP acts to source & underwrite mortgages.
Skyline Management Team inspects asset & evaluates suitability
Mortgage is added to the SMIT portfolio.
ARE YOU ELIGIBLE TO INVEST?
As mentioned above, Skyline’s investments are all considered private alterative investments and don’t trade on the public markets. Instead, all of Skyline’s investments are purchased within the Exempt Market. As such, investors need to meet certain eligibility requirements to invest with Skyline Wealth.
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The information provided within this website does not constitute an offer to sell or a solicitation to buy the securities referred to herein, nor shall it form the basis of, or be relied on in connection with, or act as any inducement to enter into, any contract or commitment whatsoever. Commissions, trailing commissions, management fees and expenses all may be associated with investments. Please read the confidential offering documents before investing.
No securities commission or similar authority in Canada has reviewed or in any way passed upon this information or the merits of the securities referred to and any representation to the contrary is an offence. There is no active market through which the securities may be sold. The indicated rate of return is the annualized return including changes in unit value and reinvestment of all distributions and does not consider sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Exempt market products are not guaranteed, their values change frequently, and past performance may not be repeated.
This document contains forward-looking statements, which involve numerous assumptions, known and unknown risks, uncertainties and other factors that contribute to the possibility that the predicted outcome will not occur, and may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements.
All information contained herein is given as of the date referenced above, unless otherwise stated, and while obtained from sources which are believed to be reliable, is not guaranteed as to its accuracy or completeness. No party is under any obligation to update this information or correct any inaccuracies or omissions in it that may exist or become apparent or to provide the recipient with access to any additional information. Investors should consult their professional advisors prior to making an investment decision. This investment is available to Accredited Investors only or to those who qualify under another exemption.
This product is distributed exclusively through Skyline Wealth Management Inc. (SWMI). Under applicable securities legislation, SWMI is a related entity to the issuer. SWMI is an Exempt Market Dealer registered in the provinces of Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, Quebec and Saskatchewan.