Expect More with CMI MIC Funds
With more than $2.5 billion in successful mortgage placements, CMI Financial Group is one of Canada’s fastest growing non-bank financial services providers. Our suite of MIC funds provides you with direct exposure to Canada’s residential mortgage market. Start mortgage investing with confidence today.
Mortgage Investing Made Easy
At CMI, we prioritize your financial growth by offering private mortgage investment solutions with solid returns. We leverage our deep industry expertise and have a track record of over $2.5 billion in deals.
Our expert team meticulously manages mortgages across three distinct MIC portfolios designed to meet diverse investor needs with rigorous due diligence and analysis. Our leadership in the alternative lending market is supported by MIC funds that cater to specific investor profiles, all backed by strong Canadian residential real estate.
Learn More About CMIExperience the CMI Difference
Prudent Investment Philosophy
Our priority is safeguarding your capital, which is why our investment strategy is based on lending short-term mortgages (6–24 months), and providing borrowers with “common sense” lending solutions.
With a focus on capital preservation and attractive, sustainable yields, our MICs invest in a pool of well-diversified residential mortgages given to qualified borrowers who, for various reasons, don’t qualify for traditional bank financing.
Consistent, Compelling Returns
At the core of our mortgage investment programs is a rigorous due diligence process and active management philosophy. This, coupled with our extensive experience in the mortgage industry, has allowed our MIC funds to become an attractive alternative to traditional fixed-income products.
Historically, the CMI MIC Funds – CMI MIC Prime Mortgage Fund, CMI MIC Balanced Mortgage Fund and CMI MIC High Yield Opportunity Fund – have delivered a net annual yield of between 7 – 11%.
Low Expense Ratios
You can feel confident knowing that all mortgage assets within the CMI MICs are sourced through our parent company, CMI, and managed in-house. This significantly reduces operating costs and lowers the expense ratio of our funds, resulting in lower fees for investors.
Smart Lending Practices
Our lending activity focuses on Canadian residential real estate markets with sound economic fundamentals.
Active Risk Mitigation Strategy
Our primary focus is capital preservation through a comprehensive risk mitigation strategy. To do this, we focus on:
- Investing in high-growth residential real estate markets across Canada.
- Maintaining a diversified pool of mortgages, with no single mortgage exceeding 10% of the book value of the fund.
- Adhering to strict mortgage origination guidelines backed by our experienced underwriters who carefully assess each property’s liquidity, equity growth projections and the ability of the borrower to service the debt.
- Following conservative residential property valuations, provided by an experienced team of third-party professional appraisers. This helps to lower the volatility in property values.
- Retaining an appropriate amount of cash within each fund to service investor redemptions.
- Adhering to strict mortgage origination guidelines backed by our experienced underwriters who carefully assess each property’s liquidity, equity growth projections and the ability of the borrower to service the debt.
- Following conservative residential property valuations, provided by an experienced team of third-party professional appraisers. This helps to lower the volatility in property values.
- Retaining an appropriate amount of cash within each fund to service investor redemptions.
Is a MIC fund right for you?
Investing in mortgages is a way to hedge against traditional market cycles while adding appreciable returns and asset diversification to your portfolio. Managed by a team of experienced mortgage and investment professionals, these funds are well-diversified across geographic regions and mortgage types, all of which are backed by real estate security.
CMI’s MIC Funds are crafted for both accessibility and flexibility, catering to a broader spectrum of investors with a modest minimum investment of $5,000. These funds stand out for their adaptability, being compatible with a variety of registered accounts including RRSPs, RESPs, TFSAs, RRIFs, RDSPs, and LIRAs.
If you’re interested in exploring Canada’s private mortgage market, our MIC Funds offer a straightforward entry point, backed by results and the expertise of our knowledgeable team.
Our mortgage funds are especially attractive to high-net-worth investors looking to diversify their investment portfolios away from traditional asset classes and enhance returns. With steady income and minimal correlation with public markets, private mortgage investments act as a stabilizing force in portfolios.
Contact UsTake a quick glance at how our three distinct MIC funds differ to meet specific investor needs:
CMI MIC Prime Mortgage Fund
The CMI MIC Prime Mortgage Fund is designed to generate a net annual return of 6 – 7%. This fund, the most conservative of our three MIC Funds, invests primarily in first residential mortgages and has an average weighted LTV less than 65%. All investments are strictly in residential mortgages.
Learn more about CMI MIC Prime Mortgage Fund and read our Fund Fact Sheet and Monthly Reports.
CMI MIC Balanced Mortgage Fund
The CMI MIC Balanced Mortgage Fund provides a passive investment opportunity with a diversified pool of first and second residential mortgages targeting an 8 – 9% annual return.
This MIC selects high-yield, short-term mortgages that do not exceed 75% average weighted LTV.
Learn more about CMI MIC Prime Mortgage Fund and read our Fund Fact Sheet and Monthly Reports.
CMI MIC High Yield Opportunity Fund
The CMI MIC High Yield Opportunity Fund invests primarily in higher-yield, short-term second residential mortgages that do not exceed 85% average weighted LTV. It targets a net annual return of 10 – 11%.
Learn more about CMI MIC Prime Mortgage Fund and read our Fund Fact Sheet and Monthly Reports.