CAPITAL DIRECT I INCOME TRUST NEWS
Fundamental Research Report
May 28, 2024
In 2023, mortgage receivables were up 8% to $393M vs our forecast of $398M. In Q1-2024, receivables increased 7% YTD to $418M - the highest in Capital Direct’s history.
See the rating and full report here.
FRC provides fee-based coverage.
Fundamental Research Report
December 16, 2022
Robust outlook for 2023 amid higher rates. At the end of Q3-2022, Capital Direct had $354M in mortgage receivables, up 6% YTD, surpassing our 2022 year-end estimate of $338M.
See the rating and full report here.
FRC provides fee-based coverage.
Fundamental Research Report
January 14, 2022
Despite the pandemic, Capital Direct expanded its mortgage receivables by 32% YTD to $324M, across 1,748 properties, by the end of Q3-2021. We estimate that the company is currently the ninth (previously twelfth) largest mortgage investment entity in Canada.
See the rating and full report here.
Fundamental Research Report
February 9, 2021
Despite the pandemic, Capital Direct expanded its mortgage receivable by 21% YTD to $243M, across 1,697 properties, by the end of Q3-2020. The company maintains its spot among the 15 largest mortgage investment entities in Canada.
See the rating and full report here.
Fundamental Research Report
January 9, 2020
Capital Direct I Income Trust’s portfolio size hits a record high of $200 million at the end of Q3-2019, up 8% YTD.
See the rating and full report here.
Fundamental Research Report
April 29, 2019
Capital Direct I Income Trust's portfolio size hit a record high of $184 million at the end of 2018, up 9% YoY.
See the rating and full report here.
Fundamental Research Report
June 14, 2018
At the end of 2017, 47% of the mortgages were in British Columbia ("B.C."), 45% in Ontario ("ON"), 8% in Alberta ("AB"), and 1% in the Atlantic.
See the rating and full report here.
Fundamental Research Report
August 17, 2017
The recent Home Capital Group (TSX: HCG) incident has turned out to be very favorable for Mortgage Investment Entities ("MIEs"), as more conservative lending by HCG has been driving more borrowers to private lenders.
See the rating and full report here.
Fundamental Research Report
June 6, 2017
Mortgage investments (net of provisions) held by Capital Direct I Income Trust ("trust", "fund") increased by 66% YoY from $89 million to $147 million by the end of 2016. The portfolio was at $155 million at the end of Q1-2017.
See the rating and full report here.
Capital Direct Presents at Registrant Regulation Focus Event
January 30, 2017
On May 2nd, Capital Direct's Chief Compliance Officer, Martha Kane, will be featured as a speaker at the 2017 Registrant Regulation Conduct & Compliance forum. Ms Kane will present on Exempt Market Dealers, compliance matters and best practices in an evolving market. Conference details are available at
http://www.registrationreform.com
Fundamental Research Report
August 25, 2016
Fundamental Research analyzes and ranks public and private companies and funds. Fundamental Research Corp are
commencing continuous coverage on the trust effective today, implying that we will publish update reports / notes on the trust on a regular basis going forward.
See the rating and full report here.
Fundamental Research Report
January 15, 2014
Fundamental Research analyzes and ranks public and private companies and funds. Capital Direct I Income Trust was awarded the highest ranking that Fundamental Research has ever awarded a mortgage investment fund, to date.
See the rating and full report here.
Capital Direct I Income Trust investments now on FundSERV
December 10, 2012
Capital Direct I Income Trust investment now available on FundSERV.
Have questions? Contact Tim Wittig
Canadian Real Estate Wealth
October 2012
In the October 2012 issue of Canadian Real Estate Wealth magazine, Tim Wittig, Vice President & Director of Capital Direct I Income Trust, delves deeper into investing through an income trust fund, and explains why they're a worthwhile addition to your investment portfolio.
View Tim's full article here.
Canadian Real Estate Wealth
July 2012
In the July 2012 issue of Canadian Real Estate Wealth magazine, Tim Wittig, Vice President & Director of Capital Direct I Income Trust, explains the nuts and bolts of investing through an income trust fund, and how you can make money from it.
View Tim's full article here.
Fundamental Research Report
June 12, 2012
Fundamental Research analyzes and ranks public and private companies and funds. Capital Direct I Income Trust was awarded the highest ranking that Fundamental Research has ever awarded a mortgage investment fund, to date.
See the rating and full report here.