VWR Capital Corp.
Managed by VWR Capital Corp.
Data as of: November 1, 2025
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
$752M CAD
2025 return
10.35%
LTV
62.5%
Management fee
1.4%
About VWR Capital Corp.
VWR Capital Corp. is a private mortgage investment corporation investing primarily in short-term residential first and second mortgages in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario. As of November 1, 2025, its gross mortgage portfolio was $752.2 million, with 78.42% in first mortgages and a calculated weighted-average LTV of approximately 62.47%. The fund uses leverage, distributes its income quarterly and is managed by 596466 B.C. Ltd.
The fund reports approximately $752M CAD in assets.
Most of the portfolio is in first mortgages, with some subordinate exposure.
The portfolio is concentrated in Residential mortgages.
The portfolio is diversified across Ontario, BC and Alberta.
At a glance
| Assets under management (AUM) | $752M CAD |
| 2025 return | 10.35% |
| Overall LTV | 62.5% |
| First mortgages (as a % of the portfolio) | 78.4% |
| Property focus | Residential (96%) / Construction (1%) / Unclassified (3%) |
| Structure | Private Corporation (MIC) |
| Investor access | Available to individual investors |
VWR Capital Corp. portfolio and performance
The portfolio is composed of residential mortgages (96%), construction mortgages (1%) and unclassified mortgages (3%).
| Property Type | Share (%) |
| Residential | 96% |
| Construction | 1% |
| Unclassified | 3% |
VWR Capital Corp. has a focus on Ontario, with 43.1% of its mortgages located in Ontario, followed by BC (32.2%), Alberta (21.9%), MB (2.3%), SK (0.4%).
| Province/Region | Share (%) |
| Ontario | 43.1% |
| BC | 32.2% |
| Alberta | 21.9% |
| SK | 0.4% |
| MB | 2.3% |
VWR Capital Corp. returns
| Calendar year | Net return |
| 2023 | 7.95% |
| 2024 | 10.19% |
| 2025 | 10.35% |
VWR Capital Corp. facts
Fund structure
| Structure | Private Corporation (MIC) |
| Manager | VWR Capital Corp. |
| Latest data | November 1, 2025 |
Mortgage portfolio
| First mortgages | 78.4% |
| Overall LTV | 62.5% |
| Property focus | Residential |
| Leverage | Yes, the fund uses leverage. This means the fund borrows additional money and combines it with investor capital to fund more mortgages. Leverage can increase returns when the portfolio performs well, but it also adds interest costs and can magnify losses. |
Fees
| Management fee | 1.4% |
| Performance fee | 0 |
Additional fund details
Unless otherwise stated, figures are as of November 1, 2025. The AUM shown represents gross mortgage principal before deducting a $2.5 million impairment allowance. Returns are effective annual cash-distribution yields for fiscal years ending August 31. The corresponding yields assuming distributions were reinvested were 8.19% in 2023, 10.59% in 2024 and 10.76% in 2025. Construction exposure includes residential land-development loans. The portfolio also held 2.49% in residential land and 0.09% in raw land. The minimum investment is $10,000 for new investors and $5,000 for existing investors.
Who can invest in VWR Capital Corp.?
Available to individual investors
This fund is available to individual investors.
The minimum investment amount for accredited investors is $10,000.
The minimum investment amount through an advisor or dealer is $10,000.
About VWR Capital Corp.
VWR Capital Corp. is a Langley, British Columbia-based mortgage investment corporation established in 1993. It provides primarily residential first and second mortgages in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario. Its lending operations are managed by the related company 596466 B.C. Ltd., while Stoneman Capital Management Ltd. acts as its selling agent.
Frequently asked questions
It invests in residential mortgages.
The fund reports a weighted-average LTV of 62.5%.
Yes. It is available to individual investors.
The fund is managed by VWR Capital Corp..
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