Unlock the Potential of Mortgage Investing With Our MIC Solutions

CMII MIC Funds offers an accessible alternative investment that strengthens diversification and integrates seamlessly into client portfolios.

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Key Benefits

MICs are structured like mutual funds, but instead of holding stocks or bonds, the underlying assets are a carefully selected pool of mortgages. Each month, borrower mortgage payments are used to distribute dividends to investors.

Enhanced Yields: Target annual returns of up to 11%, backed by real estate.
Predictability and Consistency: Regular monthly dividend income without price volatility, offering dependable returns even during market downturns.
Liquidity: Competitive minimum lock-in period of just 12 months.
Professional Management: A team of experts that oversees every fund, from mortgage selection to ongoing performance management and monitoring.
Hassle-Free Investing: Invest in real estate-backed mortgages without the complexities of property management or direct loan management.

CMI MIC Funds At a Glance

Invests in

Primarily second mortgages

First and second mortgages

Primarily first mortgages to minimize volatility

Average Loan-to-Value (LTV) cap

85%

75%

65%

Investor Risk Profile

Aggressive

Moderate

Conservative

Target Annual Return

10 – 11%*

8 – 9%*

6 – 8%*

Dividends Paid

Monthly

Registered Plan Eligible

Yes

Fund Codes

Series A

Series F

311
312

301
302

321
322

Management Fee

*Class F Targets

High Yield Opportunity Fund

View Fact Sheet

Balanced Mortgage Fund

View Fact Sheet

Prime Mortgage
Fund

View Fact Sheet

Invests in

Primarily second mortgages

First and second mortgages

Primarily first mortgages to minimize volatility

Average Loan-to-Value (LTV) cap

85%

75%

65%

Investor Risk Profile

Aggressive

Moderate

Conservative

Target Annual Return

10 – 11%*

8 – 9%*

6 – 8%*

Dividends Paid

Monthly

Registered Plan Eligible

Yes

Fund Codes

Series A

Series F

311
312

301
302

321
322

Management Fee

*Class F Targets

Prime Mortgage
Fund

High Yield Opportunity FundBalanced Mortgage FundPrime Mortgage
Fund

Invests in

Primarily second mortgages

Average Loan-to-Value (LTV) cap

85%

Investor Risk Profile

Aggressive

Target Annual Return

10 – 11%*

Dividends Paid

Monthly

Registered Plan Eligible

Yes

Fund Codes

Series A

Series F

311
312

Management Fee

Learn More

Balanced Mortgage Fund

High Yield Opportunity FundBalanced Mortgage FundPrime Mortgage
Fund

Invests in

First and second mortgages

Average Loan-to-Value (LTV) cap

75%

Investor Risk Profile

Moderate

Target Annual Return

8 – 9%*

Dividends Paid

Monthly

Registered Plan Eligible

Yes

Fund Codes

Series A

Series F

301
302

Management Fee

Learn More

High Yield Opportunity Fund

High Yield Opportunity FundBalanced Mortgage FundPrime Mortgage
Fund

Invests in

Primarily first mortgages to minimize volatility

Average Loan-to-Value (LTV) cap

65%

Investor Risk Profile

Conservative

Target Annual Return

6 – 8%*

Dividends Paid

Monthly

Registered Plan Eligible

Yes

Fund Codes

Series A

Series F

321
322

Management Fee

Learn More

*Class F Targets

CMI MIC Prime Mortgage Fund

The CMI MIC Prime Mortgage Fund is designed to generate a net annual return of 6 – 8%. This fund invests primarily in first mortgages and is the most conservative of our three MIC Funds. All investments are strictly in residential mortgages.

Learn more about CMI MIC Prime Mortgage Fund and read our Fund Fact Sheet and Monthly Reports.

Key Facts

Inception July 2020
Redemptions Monthly
Registered Plan Eligible Yes
AUM $3.70 Million
Management Fee 1%
Fundserv codes Class A: CCI 321 Class F: CCI 322

CMI MIC Balanced Mortgage Fund

The CMI MIC Balanced Mortgage Fund provides a passive investment opportunity with a diversified pool of first and second mortgages targeting an 8 – 9% annual return.

This MIC focuses on selecting high-yield, short-term mortgages that do not exceed 75% LTV.

Learn more about CMI MIC Balanced Mortgage Fund and read our Fund Fact Sheet and Monthly Reports.

Key Facts

Inception July 2015
Redemptions Monthly
Registered Plan Eligible Yes
AUM $122 Million
Management Fee 1%
Fundserv codes Class A: CCI 301 Class F: CCI 302

CMI MIC High Yield Opportunity Fund

The CMI MIC High Yield Opportunity Fund invests primarily in higher-yield, short-term second mortgages that do not exceed 85% LTV. It targets a net annual return of 10 – 11%.

The Fund mitigates risk by investing in a diversified pool of real estate properties that are 100% secured by collateralized real estate.

Learn more about the CMI MIC High Yield Opportunity Fund and read our Fund Fact Sheet and Monthly Reports.

Key Facts

Inception October 2019
Redemptions Monthly
Registered Plan Eligible Yes
AUM $40.48 Million
Management Fee 1%
Fundserv codes Class A: CCI 311 Class F: CCI 312

Why Choose CMI MIC Funds?

Each fund is designed to deliver monthly dividends while preserving capital and providing consistent, compelling long-term yields.

Strategic Diversification: Access prime real estate markets across Canada, enhancing portfolio diversity and geographic exposure to elevate returns while lowering overall risk.
Professional Management: Rely on a team of experienced mortgage professionals that oversees every fund, from mortgage selection to ongoing performance management and monitoring.
Flexible Fund Classes: Choose between Class A and Class F shares to match client preferences and account types, with trailing commissions for advisors on Class A shares.
Tax-Advantaged Options: Funds eligible for registered accounts like TFSA, RRSP, RRIF, and RESP.
Enhanced Growth: Optional Dividend Reinvestment Plan (DRIP) for compound growth.
Proven Performance: More than a decade of experience with a proven record of delivering consistent returns to investors.

Contact Us

Wealth Advisor Services Team.