SLC Management Canadian Commercial Mortgage Fund
Managed by SLC Management / Sun Life Capital Management (Canada) Inc
Data as of: June 30, 2022 · View latest fund facts
This review is compiled by WOWA for informational purposes only and is not investment advice, an offer, or a solicitation. Figures are drawn from the manager's published materials as of the dates shown and may change. Returns are historical and do not guarantee future results. Verify all details with the manager or a licensed advisor before investing.
AUM
$526M CAD
First mortgages
Primarily first mortgages
About SLC Management Canadian Commercial Mortgage Fund
The SLC Management Canadian Commercial Mortgage Fund is an institutional pooled fund launched in 2014. It invests primarily in fixed-rate first mortgages secured by income-producing office, retail, industrial and multi-family rental properties in Canadian urban markets. The fund may invest through direct co-lending and mortgage participation structures.
The fund reports approximately $526M CAD in assets.
The portfolio is concentrated in Commercial mortgages.
At a glance
| Assets under management (AUM) | $526M CAD |
| First mortgages (as a % of the portfolio) | Primarily first mortgages |
| Property focus | Commercial (100%) |
| Structure | Institutional Pooled Fund |
| Investor access | Institutional only |
SLC Management Canadian Commercial Mortgage Fund portfolio and performance
The portfolio is composed of commercial mortgages (100%).
| Property Type | Share (%) |
| Commercial | 100% |
SLC Management Canadian Commercial Mortgage Fund facts
Fund structure
| Structure | Institutional Pooled Fund |
| Manager | SLC Management / Sun Life Capital Management (Canada) Inc |
| Latest data | June 30, 2022 |
Mortgage portfolio
| First mortgages | Primarily first mortgages |
| Property focus | Commercial |
Fees
| Management fee | None disclosed |
| Performance fee | None disclosed |
Additional fund details
The fund is an institutional SLC Management pooled fund accessed through certain Sun Life segregated funds. It invests in non-CMHC-insured Canadian commercial mortgages, including first mortgages and construction financing, and may participate in loans through co-lending arrangements with Sun Life. Industrial exposure is limited to 55% of the portfolio. AUM has been disclosed only indirectly through SLC Core Fixed Income Plus Fund fact sheets. Reported figures were $563.0 million as of September 30, 2021, $532.8 million as of March 31, 2022 and approximately $526 million as of June 30, 2022.
Who can invest in SLC Management Canadian Commercial Mortgage Fund?
Institutional access only
This fund is offered to Canadian institutional investment professionals only and is not available to individual investors.
Minimum investment terms are not publicly disclosed.
About SLC Management / Sun Life Capital Management (Canada) Inc
Sun Life Capital Management (Canada) Inc., operating as SLC Management, is Sun Life’s institutional fixed-income manager. It manages public fixed-income, private-credit and commercial-mortgage strategies through pooled funds and separately managed accounts for institutional investors.
Frequently asked questions
It invests in commercial mortgages.
No. It is offered to institutional investors.
The fund is managed by SLC Management / Sun Life Capital Management (Canada) Inc.
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