Firm Profile

Giavest Mortgage Investment Corporation (“Giavest MIC”) is a mortgage investment corporation (“MIC”) based in Calgary, Alberta. Giavest MIC offers investors an opportunity to participate indirectly  in alternative income-generating strategies and assets in the private lending market through the purchase of  Giavest MIC’s Class A shares, Class B shares and Class C shares.  Giavest MIC provides needed capital to Canadian borrowers in the mid-tier lending markets.

Giavest MIC’s objectives are to acquire and maintain a portfolio of mortgages that preserves capital and generates returns in order to permit Giavest MIC to pay distributions to its shareholders.

Giavest MIC is managed by Carecana Management Corp., a registered Investment Fund Manager and restricted Portfolio Manager.  The Manager provides restricted portfolio management services and investment fund management services to Giavest MIC.

Giavest MIC has appointed CareVest Capital Inc., a registered mortgage broker with offices in Vancouver and Calgary, to originate, structure, advance and administer the mortgage investments on a daily basis.

Giavest MIC’s Class A shares, Class B shares and Class C shares are sold through registered dealers.

The composition of the mortgage portfolio will vary over time and the type and category of mortgage investments available to Giavest MIC will depend in part upon market conditions and outlook. The mortgage broker’s operations are in Western Canada which enable it to source potential investments throughout Western Canada, primarily in major urban centres and surrounding bedroom communities. Giavest MIC may, in the future, source potential investments from other Canadian provinces. Giavest MIC will, where possible and warranted, change the mix of the mortgages in the mortgage portfolio and will strive to maintain a mix of residential mortgages and commercial mortgages, primary mortgages and subordinated mortgages in response to market conditions and opportunities in accordance with its investment guidelines.

Private Lending Market

Giavest MIC’s mid-tier lending markets means lending markets in Canada that are populated by small to mid-sized borrowers that require custom-tailored financing solutions to meet their capital requirements.  Giavest MIC believes this market is under-serviced by the large financial institutions in Canada and that there are attractive opportunities to underwrite well-structured, secure mortgage loans with attractive pricing.

Giavest MIC believes that the mid-tier lending markets present a significant opportunity for short term, customized loans to experienced borrowers who often require faster execution and more flexible terms.  Typical loan size ranges from $250,000 to $2,000,000 but may be significantly smaller or larger in some cases.  Typical loan terms are from 12 to 24 months in duration. Management believes that flexibility and responsiveness are the keys to success in this market.

Investor Profile

Giavest MIC may be for investors who:

• Are investing for the medium to long term
• Are more interested in income than growth
• Are seeking monthly distributions
• Can handle retraction limitations
• Refer to Giavest MIC's Offering Memorandum for risks

This MIC may not be suitable for investors that require liquidity or a  guaranteed source of income from their investments.