Alitis Asset Management

Alitis Asset Management is a division of Alitis Investment Counsel Inc.

Images

Images are for illustration purposes only and may not be an exact representation. 

Target Returns

Target returns are determined through a number of methods that are designed and intended to maintain the desired returns within the specified risk tolerance set for the fund.  These methods vary.  The fund manager has concluded that within the current environment displayed target returns are reasonable to expect over time, however, returns are not guaranteed.  Talk with an Alitis representative to learn more about what determines the rate of return earned by the fund.

Rates of Return

Unless otherwise noted, the indicated rates of return are for the historical annual compounded returns for the period indicated, including changes in security value and the reinvestment of all distributions and do not take into account income taxes payable by any securityholder that would have reduced returns.

The investments are not guaranteed; their values change frequently, and past performance may not be repeated.  Unless otherwise noted, risk refers to the annualized standard deviation of monthly returns for the period indicated.

Real Estate Projects

Current yield is defined as the net operating income less mortgage interest divided by current equity. 

Projected Development Return: the expected annualized development return, based on the most recent market valuation.

Realized Development Return: the annualized development return achieved by Alitis from the period of investment until it is deemed to be completed.

The development return is calculated by multiplying Alitis’ proportionate share of a project by the difference between the current fair market value of the property and the total cost of its development. The property is deemed to be completed once construction has been completed to 98% and the property is 90% leased and/or rented. Sources are believed to be reliable. Performance is not guaranteed.

Categories of Real Estate

Core real estate is considered to be the least risky because they often target stabilized, fully leased, secure investments in major core markets. Core Plus real estate, is similar to Core, but not quite as high quality as the property might be in the suburbs or a secondary metropolitan area, the tenants may not be quite as high quality, or it may involve a property type that is not one of the four main property types. A newly-built property may also be classified as Core Plus if the leverage is in the 40% to 70% range. Value Added real estate investments typically target properties that have in-place cash flow but seek to increase that cash flow over time by making improvements to or repositioning the property. Opportunistic strategies involve the development of raw land into residential or commercial properties. It may also involve the conversion of properties or target highly distressed properties that require major renovations.

General Disclaimer 

This website is provided, for informational purposes only, to customers of Alitis Investment Counsel Inc. (“Alitis”) and does not constitute an offer or solicitation to buy or sell any securities discussed herein to anyone in any jurisdiction where such offer or solicitation would be prohibited. Opinions expressed on this website should not be relied upon as investment advice. This website does not take into account the investment objectives, risk tolerance, financial situation or specific needs of any particular customer of Alitis. Each individual’s investment objectives, risk tolerance, financial situation and specific needs should be evaluated before making any investment decision.

The information contained on this website has been drawn from sources believed to be reliable, but is not guaranteed to be accurate or complete. This website may contain economic analysis and opinions, including about future economic and financial markets performance. These are based on certain assumptions and other factors, and are subject to inherent risks and uncertainties. The actual outcome may be materially different. Alitis assumes no duty to update any information or opinion contained on this website. This website may contain links to third-party websites. Alitis is not responsible for the content of any third-party website or any linked content contained in a third-party website. 

Unless otherwise noted, the indicated rates of return are the historical annual compounded returns for the period indicated, including changes in security value and the reinvestment of all distributions and do not take into account income taxes payable by any securityholder that would have reduced returns. The investments are not guaranteed; their values change frequently and past performance may not be repeated.  Unless otherwise noted, risk refers to the annualized standard deviation of returns for the period indicated.

Neither Alitis nor any director, officer or employee of Alitis accepts any liability whatsoever for any errors or omissions in the information, analysis or opinions contained on this website, nor for any direct, indirect or consequential damages or losses arising from any use of this website or its contents.