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 |
| Concept | Mortgage Investment Corporations |
| Geography | Primarily BC & Ontario |
| Minimum Investment | $5,000 |
| Purchases | Open (2-day settlement) |
| Distributions | Quarterly |
| Redemptions | No early redemption fees |
| Anticipated Annualized Return | 5 - 6% |
| Current Yield | 6% |
| Registered Plan Eligibility | RRSP |
| Investor Profile | Open |
