Mortgage Investing Made Easy
It is our mission to make mortgages a compelling alternative to traditional stock and bond assets in investment portfolios.
The CMI MIC Family of Funds provides a way for individuals and corporate investors to access Canadian real estate markets and take advantage of economies of scale not available to them as individuals. Investors pool their money by buying shares in a company called a Mortgage Investment Corporation (MIC). The MIC invests these funds in mortgages that generate a yield through interest rates and fees charged to the borrowers. This yield produces monthly cash flow for its investors.
Portfolios designed for a variety of investment objectives
The CMI MIC Funds are designed to meet the needs of investors across a broad range of investor profiles. Our portfolios invest primarily in first and second residential mortgages in traditionally strong, stable real estate markets across Canada.
Managed by a team of experienced mortgage and investment professionals, these funds are well-diversified across geographic regions, borrower and mortgage types, all of which are 100% secured by collateralized real estate. Overhead and carrying costs are kept to a minimum in order to lower fees and maximize returns for investors.
As the fund manager, CMI is focused on achieving consistent, appreciable returns for all three of our MICs through active and prudent investment management practices over the long term.
We offer three distinct MIC funds to meet the needs of investors.
High Yield Opportunity Fund
View Fact SheetBalanced Mortgage Fund
View Fact SheetPrime Mortgage
Fund
View Fact Sheet
Invests in
Average Loan-to-Value (LTV) cap
Investor Risk Profile
Target Annual Return
Dividends Paid
Registered Plan Eligible
Fund Codes
Series A
Series F
311
312
301
302
321
322
Management Fee
*Class F Targets
FIXED
INTEREST RATES ALLOW FOR PREDICABLE CASH FLOW
INVEST
RRSP, RRIF, RESP, LIRA, TFSA
6-11%
TARGET ANNUAL RETURNS
DIVERSE
POOLING OF FUNDS WITH OTHER INVESTORS INTO MULTIPLE MORTGAGES
Why Invest With CMI
When you invest with CMI, you can rely on our extensive experience in the mortgage industry, which has historically produced consistent and appreciable returns through our prudent underwriting and due diligence processes. Our MIC funds emphasize capital preservation and diversification while targeting attractive, consistent returns over the long term.
Our experienced management team oversees each of our three MIC funds, managing all aspects of our operation from asset selection to administration and mortgage servicing. As a result of this careful monitoring, the CMI MIC Fund managers have a loan loss rate of less than 1% since inception.
Shares in our CMI MIC Funds are offered via registered securities dealers and issued contingent upon the investor qualifying. Minimum investment: $5,000. Investments can be made in cash or registered funds via a qualified trustee. CMI MIC Funds offer penalty free redemptions after 12 months, redemptions are processed quarterly with 30 days’ notice
CMI MIC Funds Targeting stable, consistent returns
Investors today face the tough challenge of navigating a volatile equity market and a historically low interest rate environment. To offset these obstacles, investors are increasingly exploring alternative investment options such as MICs, which capitalize on Canada’s attractive real estate market.
As regulated financial institutions continue to tighten mortgage lending guidelines and credit availability, the private lending market will increase in volume, as will the availability of quality mortgages for MICs.
CMI Mortgage Investments Program
Investors today face the tough challenge of navigating a volatile equity market and a historically low interest rate environment. To offset these obstacles, investors are increasingly exploring alternative investment options such as MICs, which capitalize on Canada’s attractive real estate market.
As regulated financial institutions continue to tighten mortgage lending guidelines and credit availability, the private lending market will increase in volume, as will the availability of quality mortgages for MICs.
