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Mortgages as an
Investment
For any investment or RRSP/RRIF/LIRA portfolio, mortgage investments
are a great alternative to traditional fixed income options such as
bonds or GICs. Mortgage investments are short-term and provide
superior returns.
For those investors looking to diversify from stocks and bonds, an
investment in a mortgage pool the offers above average returns
associated with real estate and the knowledge that your money is
backed by real property.
How it Works
Investors "pool" their money by buying shares in a company called a
Mortgage Investment Corporation (MIC). MICs are companies organized
for investors to invest in pools of mortgages. Profits generated by
MICs are distributed to their shareholders as dividends based on
their share ownership. Similar to a mutual fund, a MIC provides a
convenient way to diversify a portfolio of investments, in this case
mortgages instead of stocks or bonds. The MIC’s mortgage investments
are secured by real estate which is not generally influenced by the
volatility of the stock market.
The investor in a MIC earns a blended rate of return based on the
interest earned from each respective mortgage. The pool is
continuously managed with new mortgages replacing mortgages that
mature. A MIC is for those investors who want a rewarding yet
effortless investment. Your income is deposited directly into your
account and a monthly statement keeps you up to date on your
investments
Highlights
This Mortgage Investment Pool
should be of interest to investors seeking an income producing
investment with the following highlights:
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Maximum 75% loan to value first mortgages only
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Minimum initial subscription amount of 5,000 Shares ($5,000) and
1,000 Share ($1,000) increments thereafter
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Income is derived from investments in a diversified pool of
first mortgage and real property investments
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Targeted monthly dividends of up to 8% to 9% per annum with
compounding available through the election of stock dividends
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Attractive alternative to traditional fixed income offerings
such as mutual funds, bond funds, money market funds and other
income vehicles
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RRSP, RRIF, RESP, LIRA and DPSP eligible
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Funds from the pool are placed in several mortgages and are in
various markets, providing greater diversification and less risk
The MIC’s principal investment
objective is to provide preferred shareholders with sustainable
income while preserving capital for
re-investment. Income is generated from investments and, subject to
reserve requirements, paid out monthly to preferred shareholders in
cash or stock dividends, as chosen by each shareholder. Monthly
dividends are deposited directly into a shareholder’s account and a
monthly statement keeps each shareholder up to date on his or her
investment.
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FIRST MORTGAGE
POOL
PERFORMANCE
as of APRIL 30, 2009
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TOTAL PORTFOLIO |
$63,100,000 |
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YEAR TO DATE*
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8.72% |
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1 YEAR* |
8.80% |
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SINCE INCEPTION* |
8.97% |
BLENDED MORTGAGE POOL
PERFORMANCE
as of APRIL 30, 2009
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TOTAL PORTFOLIO |
$7,700,000 |
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YEAR TO DATE*
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9.75% |
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1 YEAR* |
9.75% |
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SINCE INCEPTION* |
9.87% |
RRSP and RRIF ELIGIBLE
* EFFECTIVE YIELDS SHOWN ARE
HISTORICAL COMPOUNDED TOTAL YIELDS FOR
THE PERIODS ENDING APRIL 30, 2009 AND
INCLUDE CHANGES IN YIELD AND
REINVESTMENT OF ALL DISTRIBUTIONS |
If you would like to learn more
about this investment opportunity please
contact us at 905-901-3063
This advertisement does not constitute a
solicitation or an offer to purchase the securities referred to
herein, which is being made to qualified investors under an Offering
Memorandum available from our office. There are risks associated
with an investment in land and our investments are not guaranteed.
The value of land can fluctuate significantly as a result of, among
other things, changing economic and real estate market conditions,
and the past performance of our land investments is not necessarily
representative of current or future performance
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Brochure
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