Investors
CMI MIC Funds
Our MIC funds provide a portfolio-based approach to mortgage investing by pooling investor capital to invest in a variety of mortgages, ensuring a diversified asset base designed with your interests in mind. Meet your financial goals with our MIC funds, which are structured to reduce risk and enhance returns.
Targeting Compelling Returns
CMI MIC Funds provide investors access to Canada’s historically strong real estate market through diversified, well-managed portfolio solutions. Our funds focus on capital preservation while targeting sustainable, attractive returns. Historically, our three different MICs – CMI MIC Prime Mortgage Fund, CMI MIC Balanced Mortgage Fund and CMI MIC High Yield Opportunity Fund – have yielded net annual returns of 6 – 11%.
CMI MIC Funds
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, key 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 backed by collateralized real estate. Overhead and carrying costs are kept to a minimum 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.
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.
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 prioritize 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 maintained a loss ratio of less than 0.1% since inception.
Invest with CMI to unlock the full potential of your investment portfolio. We’ve designed our Funds to be accessible and flexible, with a starting point as low as $5,000. Our funds are not just accessible; they’re versatile, fitting seamlessly into various registered accounts, including RRSPs, RESPs, TFSAs, RRIFs, RDSPs, and LIRAs.
CMI MIC Funds Targeting Consistent Returns
Since the 2008 financial crisis, fixed-income investing has changed. With the reliability of traditional options like bonds in question, investors are seeking alternative ways to safeguard their capital during market fluctuations.
Enter private mortgages, which have become popular among both high-net-worth individuals and institutional investors. MIC funds, offering a blend of higher returns and reduced volatility, present a less risky alternative to direct mortgage investments and are accessible at a lower entry point.