Reasons to Invest

Targeted annual returns of 8-9%

Provides monthly income, or investors can reinvest monthly distributions through our dividend reinvestment plan (DRIP)

Diversification across a broad range of high-quality first and second residential mortgages

Low correlation to equity and fixed-income markets enhances portfolio diversification

Attractive alternative to traditional stocks and bonds

Initial investment of $5,000

Shares are RRSP, TFSA, RRIF, RESP, RDSP, DPSP and LIRA eligible

CMI MIC Funds

Structured as a suite of Mortgage Investment Corporations (MICs), CMI MIC Funds provide investors with the opportunity to participate in a diversified portfolio of professionally managed residential mortgages.

The CMI MIC Balanced Fund invests primarily in first and second residential mortgages. These mortgages are backed by real property in strong, stable urban real estate markets across Ontario and the rest of Canada. The fund aims to deliver targeted annual returns of 8-9%.

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How Do We Invest

The CMI MIC Balanced Mortgage Fund is a Class “A” pure-play investment vehicle comprised solely of high-quality residential mortgage investments. Investors’ capital is pooled together and lent out to borrowers in the form of private residential mortgages.

Investment Details

Investments can be made in either cash or registered funds via a qualified trustee.
Funds deposited in the MIC are exchanged for shares proportionate to the investor’s capital investment ($1 preferred share for every $1 invested in the MIC).
Each preferred share entitles the investor to a proportionate share of the mortgage income earned by the fund.
Shares are RRSP, TFSA, RRIF, RESP, RDSP, DPSP and LIRA eligible.
Targeted average annual rate of return is in the range of 8% to 9%, and is paid monthly.
Shares are eligible for redemption on a quarterly basis without penalty after 12 months ownership, with 30 days’ prior written notice, subject to policy.

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Who Borrows from CMI MIC?

Evolving legislation has forced the banks to tighten their mortgage lending policies. As a result, many borrowers who previously qualified for bank mortgages may now struggle to meet these stricter lending guidelines. CMI has stepped in to fill this gap in the mortgage market. As a private lending firm, we’re not governed by the same financial regulations as traditional lenders, providing us with added flexibility in our lending practices. Through our MICs, we’re able to lend money to these mortgage borrowers while enabling our investors to earn a competitive monthly return.

Investment Highlights

Industry Reputation

With a reputation for transparency and ethical lending practices, CMI is one of the fastest-growing alternative lending and investment companies in Canada, having successfully placed more than $1 billion in private mortgages since its inception.

Competitive Yield

With a target annual yield of 8-9%, the CMI MIC Balanced Mortgage Fund offers the potential for above-average returns relative to other fixed-income investments. Income is generated from the interest and fees collected from mortgage borrowers, which are paid out to investors as either a regular monthly dividend or reinvested into additional shares of the fund through a dividend reinvestment plan (DRIP).

Portfolio Diversification

Investors own an interest in a large, diversified and professionally managed pool of high-quality residential mortgages. Having access to multiple channels of mortgage origination, and backed by an industry-leading team of mortgage underwriting experts, we are able to consistently source the highest quality mortgage investment opportunities for our investors.

Professional Asset Management

As one of the fastest-growing alternative lending firms in Canada, CMI delivers superior risk management and underwriting expertise. We follow a rigorous and transparent due diligence process that provides quality mortgage investment products while protecting the interests of both investors and borrowers. Our expertise covers all facets of the mortgage process, including lending, real estate appraisal, banking, mortgage administration and legal services. We are invested alongside our investors in our funds.

A Comprehensive Investment Solution

With full-service support provided through Canadian Mortgages Inc., CMI Mortgage Investments and CMI Mortgage Services, our fund management team takes care of all aspects of the process, including mortgage administration and servicing - from sourcing mortgage opportunities to conducting analysis and underwriting to structuring and facilitating all related legal transactions.

Registered Account Eligible

Our MICs are RRSP, TFSA, RRIF, RESP, RDSP, DPDP and LIRA eligible with an initial investment of $5,000.

Advantages of Investing in a MIC

Investing in a MIC spreads the investment risk across a large pool of mortgage assets, mitigating the risk from investing in a single mortgage product.
A MIC generates its return from monthly mortgage payments made by the borrowers and the related fees they have to pay. This provides investors with a regular stream of income with an investment that’s backed by real property.
The manager of the MIC actively manages the mortgages in the fund, providing investors with a worry-free investment solution.
MICs are subject to Federal regulations and the provisions of the Canadian Income Tax Act.
Under Section 130.1 of the Income Tax Act, dividends paid to shareholders are taxed as interest income. A Mortgage Investment Corporation does not pay any income taxes, provided that it distributes all of its taxable income each year.

Please review CMI Mortgage Investment Corporation Offering Memorandum for more details.

*Forward-looking Information: Offerings on the platform contain forward-looking information. Forward-looking information includes statements that may predict, forecast, indicate or imply future plans, intentions, levels of activity, results, performance or achievements, and involve known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the issuer to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking information. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

**Details of the offering can be found in the Offering Memorandum. This communication is for informational purposes only. Investing in crowdfunding and exempt market offerings has significant risks. Investors may not be able to resell quickly or at all. An exempt market security holder may also receive limited ongoing issuer information. You should invest only if you are prepared not to receive any return on your investment and/or lose your investment in its entirety. FFS will provide advice on the suitability of your investments made through its platform.