Introduction To Exempt Market Securities
Through CVC, qualified investors are given the opportunity to participate in exempt market securities, commonly investing in private companies, which are not publicly traded like other stocks and securities.
For many smaller companies, listing on a stock exchange incur significant costs associated with listing fees and issuing a prospectus. The exempt market allows these businesses to access capital without issuing a prospectus.
As exempt market securities present potential risks as well as potential rewards, CVC works with investors fully explaining the company, its offerings and the features of the investment.
Current Featured Investments
Giavest Mortgage Investment Corporation was created to acquire and maintain a portfolio of mortgages that preserves capital and generates returns in order to permit the corporation to pay distributions to shareholders. Benefits of investing in Giavest MIC include:
- Targeted Yields of 5.75%-6.65%* per annum - Class C Shares
- Compounding available through participation in Dividend Reinvestment Plan (DRIP)
- Mortgages focused on Western Canada
- Registered plan eligible - RRSP/RRIF/TFSA
- Monthly distributions anticipated
- MIC invests in mortgages secured by real property
*Targeted yields of 5.75%-6.65% paid to investors per annum on Class C Shares, net of Giavest MIC’s fees and expenses, per offering memorandum of March 24, 2020. Assumes that Giavest MIC is able to invest in mortgages with interest rates charged to the borrower in the range of 8.00% - 9.00% per annum, with 90% investment efficiency, less 1.10% per annum manager fee (Class C shares), 0.15% per annum mortgage broker fee and estimated general and administrative expense of 0.20% per annum.
An investment in Giavest MIC involves a high degree of risk. For full details, including risks, refer to Giavest Mortgage Investment Corporation OM dated March 24, 2020.