Giavest Mortgage Investment Corporation – ‘Giavest MIC’ – has been created to acquire and maintain a portfolio of mortgages that preserves capital and generates returns in order to pay distributions to shareholders. To achieve this investment objective, Giavest MIC will use the net subscription proceeds to invest principally in loans secured by mortgages relating to residential mortgages and commercial mortgages throughout Western Canada. Such investments will only occur in accordance with Giavest MIC's investment guidelines.

Financial Statements
Giavest MIC Audited Financial Statements 2019

Fund Performance

Net Asset Value (As of July 31, 2020) $1,696,304
Outstanding Class A Shares (As of July 31, 2020) 169,680
NAV Per Class A Share (As of July 31, 2020) $10.00
Distribution Per Class A Share (July 31, 2020) $0.0549

Performance History

Record Date Distribution Per Class A Share NAV Per Class A Share
July 31, 2020 $0.0549 $10.00
June 30, 2020 $0.0563 $10.00
May 31, 2020 $0.0455 $10.00
April 30, 2020 $0.0584 $10.00
March 31, 2020 $0.0552 $10.00
February 29, 2020 $0.0515 $10.00
January 31, 2020 $0.0504 $10.00
December 31, 2019 $0.0200 $9.99
November 30, 2019 $0.0508 $10.00
October 31, 2019 $0.0573 $10.00
September 30, 2019 $0.0993 $10.00
August 31, 2019 $0.0379 $10.00
July 31, 2019 $0.0783 $10.00
June 30, 2019 $0.1765 $10.00
March 31, 2019 $0.1536 $10.00
December 31, 2018 $0.1684 $10.00
September 30, 2018 $0.1655 $10.00
June 30, 2018 $0.1395 $10.00
March 31, 2018 $0.1459 $10.00
December 31, 2017 $0.0550 $10.00

There is no assurance that historical performance will be representative of future performance.

Performance and NAV information provided is unaudited, and net of all fees and expenses.

Funds were distributed on a quarterly basis from December 31, 2017 to June 30, 2019.  As of July 31, 2019, funds are distributed on a monthly basis.

Net Asset Value (“NAV”)

The NAV of the Giavest Mortgage Investment Corporation, (“MIC”), at any time is the aggregate value of all assets of the MIC less the value of all liabilities of the MIC at such time and less, for the purpose only of calculating the NAV, the stated capital of any shares to the extent that such stated capitals are included in the value of liabilities of the MIC.

NAV per Share

The NAV for each class of the MIC preferred shares is calculated by Carecana™ Management Corp. each valuation date by allocating to each such class its proportionate share of the net assets of the MIC, its proportionate share of common expenses and its specific share class expenses.

The NAV per Class A Share at any time will be the quotient obtained by dividing the Class NAV of the Class A Shares by the total number of Class A Shares (immediately before any retractions and subscriptions) at the close of business on the relevant valuation date.

This website is for informational purposes only and does not constitute an offer to sell or a solicitation to buy securities in any jurisdiction. Any offering of securities will be conducted in specified jurisdictions using offering documentation prepared in accordance with applicable law. Past performance may not be indicative of future performance. Commissions, and trailing commission, administration fees and expenses may all be associated with investment funds. Please read the relevant offering documentation before investing.

General Office

Suite 710
1055 West Georgia Street
Vancouver, BC V6E 3R5

Ph: (604) 629-3894
Fax: (604) 632-9939
Toll Free: 1-800-826-4536


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