Three Point Capital Corp.
Managed by Three Point Capital Management Corp.
Data as of: March 31, 2026 · View latest fund facts
This review, compiled by WOWA for informational purposes only, is not investment advice, an offer, or a solicitation. Past returns don't guarantee future results.
AUM
$280M CAD
2025 return
8.90%
LTV
56.10%
Management fee
1.50%
About Three Point Capital Corp.
Three Point Capital Corp. is a Mortgage Investment Corporation (MIC) that pools investor funds to create a diversified portfolio of residential mortgage loans across British Columbia, Alberta, and Ontario. The fund focuses strictly on the residential market, primarily issuing first-position mortgages with conservative loan-to-value (LTV) ratios typically below 60%. The primary investment objective is to provide capital preservation and consistent monthly dividends to its investors. The fund distributes 100% of its net earnings annually and is eligible for registered accounts such as RRSPs, TFSAs, RRIFs, and FHSAs.
The fund reports approximately $280M CAD in assets.
The portfolio is predominantly composed of first mortgages.
Return of the mortgage funds are closely related to bank prime lending rate of interest, which has been declining. The latest annual return declined from 9.68% in 2024 to 8.9% in 2025.
The portfolio is concentrated in Residential mortgages.
The portfolio is diversified across Ontario and BC.
At a glance
| Assets under management (AUM) | $280M CAD |
| 2025 return | 8.90% |
| Overall LTV | 56.10% |
| First mortgages (as a % of the portfolio) | 92.00% |
| Property focus | Residential (94%) / Construction (4%) / Unclassified (2%) |
| Structure | Private Corporation (MIC) |
| Investor access | Available to individual investors |
Three Point Capital Corp. portfolio and performance
The portfolio is composed of residential mortgages (94%), construction mortgages (4%) and unclassified mortgages (2%).
| Property Type | Share (%) |
| Residential | 94% |
| Construction | 4% |
| Unclassified | 2% |
Note: Land and pre-construction mortgages are classified under commercial mortgages.
Three Point Capital Corp. has a focus on Ontario, with 48% of its mortgages located in Ontario, followed by BC (44%), Alberta (8%).
| Province/Region | Share (%) |
| Ontario | 48% |
| BC | 44% |
| Alberta | 8% |
Three Point Capital Corp. returns
| Calendar year | Net return |
| 2023 | 8.13% |
| 2024 | 9.68% |
| 2025 | 8.90% |
Return objective (2026)
Three Point Capital Corp. has a target return of 7.5% for 2026.
Three Point Capital Corp. facts
Fund structure
| Structure | Private Corporation (MIC) |
| Manager | Three Point Capital Management Corp. |
| Latest data | March 31, 2026 |
Mortgage portfolio
| First mortgages | 92.00% |
| Overall LTV | 56.10% |
| Property focus | Residential |
Fees
| Management fee | 1.50% |
| Performance fee | None disclosed |
Who can invest in Three Point Capital Corp.?
Available to individual investors
This fund is available to individual investors.
The minimum investment amount for accredited investors is 0.
The minimum investment amount through an advisor or dealer is 0.
About Three Point Capital Management Corp.
Three Point Capital Management Corp. is a Kelowna, British Columbia-based management company with over 30 years of experience in the alternative mortgage lending industry. The firm is responsible for the day-to-day administration and strategic direction of Three Point Capital Corp., a Mortgage Investment Corporation (MIC). The management team handles the underwriting, origination, and ongoing servicing of the mortgage portfolio, focusing on flexible alternative lending solutions for borrowers who do not meet traditional bank financing criteria.
Frequently asked questions
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