GMIC Quarterly Dividend Distribution, First Quarter of 2022 Fiscal Year

“Relentlessly strive for the best; as only the virtuous ones can bear the utmost burden”. We relentlessly pursue the principles of honesty and trust, we value our shareholders, borrowers, and our dedicated professional employees.

Since the company was founded 9 years and 3 months ago, we have been achieving stable and high returns (8.24% – 8.35%). We have invested in 563 mortgages in total with a cumulative loan amount of $695.88 million, yielding a cumulative dividend distribution of $50,710,598 made up of 37 regular dividends and 2 special dividends. We continue to gain the trust of more and more investors every month. GMIC endeavours to build a national presence managing assets of $195.15 million and a mortgage portfolio of $175.36 million for 612 shareholders. 

COVID-19, which emerged in late December 2019, directly impacted the investment markets with a dramatic decline and caused many investors to suffer significant losses. In contrast, GMIC continued to pay a stable dividend of 2% in each quarter of 2020 and 2021. We are now happy to announce that we will distribute the targeted dividend for Q1 of our 2022 fiscal year. This once again is a reminder of the importance of asset allocation and verifies the value of GMIC as an alternative investment product. 

Gentai group has 29 full-time employees including a management team of 6 seasoned professionals. We are glad to announce that a new fund was launched in June. Since Gentai’s inception in 2012, a series of funds have been strategically planned to not only gain market share in the increasing Canadian mortgage market but also give investors options to choose investments based on proper asset allocation strategies with an aim to achieve long-term wealth creation. The Gentai Residential Mortgage Fund (GREF) will deploy investments into residential mortgages only, with a mandate for capital preservation, and a targeted yield of 5%-7%. This diversified pool of residential mortgages will be concentrated in British Columbia, Alberta, and Ontario. As of December 31,2021, total mortgage portfolio is $39,581,447. Please contact a Dealing Representative for details. 

As of December 31, 2021, Gentai Capital has managed GMIC for over 9 years, funding 563 mortgages totalling $695.88 million, successfully achieving the target annual return of 8.24%*, and consistently paying dividends (37 dividends + 2 special dividends) with total dividends paid of $ $50,710,598.