General Questions

Q - Is there a minimum investment amount?

A- Yes, the minimum investment is $10,000 CDN for the High Yield MIC and $5,000 CDN for the Performance MIC.

 

Q - How does Westpoint Offer Protection to it's Investors' Funds?

A- The entire process is designed to protect investor funds.  Westpoint Capital ensures that all of the mortgage investments are registered on title against Canadian real estate and invests in a diverse portfolio of mortgages.  The loan underwriting department follows a strict due diligence process analyzing the quality of the borrower via credit bureaus, net worth statements and income information.  Another crucial step is to confirm that a solid exit strategy is in place, along with a feasible backup plan.  

The mortgage registration and funding process are always executed by lawyers.  As an additional safeguard, our process includes the use of title insurance, thorough evaluation of the property's value, and obtaining personal and corporate guarantees, as applicable.

 

Q - What types of returns can I expect to earn?

A- All investors in Westpoint Capital will receive fixed returns up to 15%, depending on the amount of capital invested and the investment term chosen.  Please see our Investor Return Chart for more details.

 

Q - Can I re-invest my dividends?

A- Yes, the dividends can be automatically re-invested thereby taking advantage of the compounding effect on the dividend yield.  Many investors prefer to have their dividends re-invested for this reason.  Please se our investor return charts for further details.

 

Registered Funds Questions

Q - What are "Registered Funds"?

A - Registered Funds are investment dollars that you have within an RRSP, RESP, TFSA, LIRA, RRIF, LRIF, or RPP.   Registered Funds are designed to help you defer the Income Tax on your investments and their earnings.

 

Q - Which Trust companies does Westpoint Capital use for administering investments with Registered Funds?

A - We are set up with both Olympia Trust Company and Canadian Western Trust Company.

 

Q - How can I invest my Registered Funds in Westpoint Capital?

A - By opening a Self-Directed plan with either Olympia Trust Company or Canadian Western Trust Company, you are able to invest in Westpoint Capital with your Registered Funds.

 

Q - What if I already have a Registered Plan set up at a bank or other financial institution?

A - If you already have Registered Funds at another financial institution, you may transfer it to a Self Directed plan at Olympia Trust Company or Canadian Western Trust Company.  Once your funds are with the Trust company, it can be transferred into Westpoint Capital.

 

Q - If I invest in Westpoint Capital with Registered Funds, am I still able to choose between receiving monthly cash dividends or the Direct Reinvestment Program?

A - Yes, you may choose option that suits you best.