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    Alt Inc Fund Sep 2011

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    Bill Hallman
    G.I. Capital Corp. is a wealth management firm that specializes in developing customized investment solutions through their Alternative Income Strategy. The strategy seeks to invest in alternative income sources like private mortgages and asset-backed loans to achieve annual returns of 8-10%, while preserving capital and minimizing volatility. As of December 2011, the strategy has achieved year-to-date returns of 9.65% and its portfolio breakdown consists primarily of first mortgages, subordinated mortgages, and second mortgages.

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    Alt Inc Fund Sep 2011

    Uploaded by

    Bill Hallman
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    G.I. Capital Corp. is a wealth management firm that specializes in developing customized investment solutions through their Alternative Income Strategy. The strategy seeks to invest in alternative income sources like private mortgages and asset-backed loans to achieve annual returns of 8-10%, while preserving capital and minimizing volatility. As of December 2011, the strategy has achieved year-to-date returns of 9.65% and its portfolio breakdown consists primarily of first mortgages, subordinated mortgages, and second mortgages.

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    G.I. Capital Corp. is a wealth management firm that specializes in developing customized investment solutions through their Alternative Income Strategy. The strategy seeks to invest in alternative income sources like private mortgages and asset-backed loans to achieve annual returns of 8-10%, while preserving capital and minimizing volatility. As of December 2011, the strategy has achieved year-to-date returns of 9.65% and its portfolio breakdown consists primarily of first mortgages, subordinated mortgages, and second mortgages.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    10 views1 page

    Alt Inc Fund Sep 2011

    Uploaded by

    Bill Hallman
    G.I. Capital Corp. is a wealth management firm that specializes in developing customized investment solutions through their Alternative Income Strategy. The strategy seeks to invest in alternative income sources like private mortgages and asset-backed loans to achieve annual returns of 8-10%, while preserving capital and minimizing volatility. As of December 2011, the strategy has achieved year-to-date returns of 9.65% and its portfolio breakdown consists primarily of first mortgages, subordinated mortgages, and second mortgages.

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    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 1

    G.I.

    Alternative Income Strategy September 2011


    www.gicapital.ca

    G.I. Capital Corp.


    G.I. Capital Corp. (GI) is a wealth management firm specializing in developing customized investment solutions for its clients. We are a boutique firm focused on managing our clients portfolios, offering a high level of research and service to a limited number of clients. Our client base consists of professionals, executives and business owners.

    G.I. Alternative Income Strategy


    The Alternative Income Strategy is an alternative to traditional bond funds that trade in publicly traded securities, which although carry very low credit risk, currently have minimal return. The Alternative Income Strategy seeks to invest in alternative income strategies like private mortgages and asset backed loans that offer higher returns, while still providing reasonable security to cover the loans. The strategys objectives are to preserve capital, minimize volatility, have a low or zero correlation with stock and bond markets, and achieve an annualized return of 8-10% net of all fees.

    Year 2010 2011

    Jan -0.63%

    Feb -0.68%

    Mar -1.33%

    Portfolio Performance for Alternative Income Strategy Apr May Jun Jul Aug Sep Oct ---0.84% 0.78% 0.87% 0.80% 0.91% 0.72% 1.91% 1.26% 0.93% 0.90%

    Nov 0.83%

    Dec 0.54%

    YTD 4.75% 9.65%

    Portfolio Breakdown by Allocation


    Security Type First Mortgage Subordinated First Second Mortgage Real Estate Equity Asset Backed Loans Cash/Other Percentage Weighting 9.1% 39.6% 23.3% 16.4% 8.2% 3.4% 100.0% 64% 60% 74% n.a. 50% 0% Loan To Value Ratio Average Expected Maturity (Months) 16 37 2 44 3 0 Average Expected Yield 11.4% 12.7% 11.6% 10.0% 12.0% 0.0% 10.7%

    Fund Stats Weighted Average Yield 10.74% G.I. Capital Corp.


    Mark Irwin, CFA Jim Goren, CFA Bill Hallman, CFA Tel: 647-776-4028 Tel: 647-776-4029 Tel: 905-510-0963 E-mail: E-mail: E-mail:

    Weighted Average LTV Ratio 55.06%

    Weighted Average Maturity (Months) 24


    www.gicapital.ca
    [email protected] [email protected] [email protected]

    This monthly update does not constitute or purport to constitute a complete description of the G.I. Capital Corp. Alternative Investment Strategy and is in all respects subject to the more detailed provisions found in the fund's declaration of trust. The Alternative Income Strategy is only available to GI clients who have engaged GI to manage their account under the alternative income mandate as outlined in their investment policy statement. The returns above are net of all fees, other than management fees. The references to the target rates of return are provided for illustrative purposes only and there can be no assurance that the fund will be able to achieve the targeted rates of return.

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