Open Ended

Mortgage Investment Corporation (Residential)


Another “Be the Bank” asset class. Hire a professional mortgage lending manager and invest in large pools of residential and multi-family mortgages and earn stable and predictable monthly income at positive spreads over GICs and bonds.

Status Open Ended
ConceptMortgage Investment Corporations
GeographyPrimarily BC & Ontario
Minimum Investment$5,000
PurchasesOpen (2-day settlement)
Redemptions No early redemption fees
Anticipated Annualized Return 5 - 6%
Current Yield6%
Registered Plan Eligibility RRSP
Investor Profile Open

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