What is a Mortgage Investment Corporation?

A Mortgage Investment Corporation (MIC) is a unique investment vehicle that pools funds from investors to provide mortgage loans secured by Canadian real estate. MIC investments are a compelling opportunity for individuals to diversify their portfolios and access the lucrative mortgage market in Canada. By investing in Fisgard, you can grow your wealth and enjoy a steady income stream secured by valuable Canadian real estate.

Mortgage Investment Corporation

Fisgard Asset Management manages Fisgard Capital Corporation, a mortgage investment corporation in Canada. We are committed to providing investors with consistent, reliable returns through Fisgard Capital Corporation (FCC). We take pride in being a highly experienced, credible, and trustworthy option for investors seeking to maximize their investment potential.

How Does MIC Investing Work?

In Canada, MICs are investment vehicles that focus on lending money secured by mortgages on real estate. They are structured as corporations and operate under specific regulations set forth by the Canadian government.

Here’s a breakdown of how Mortgage Investment Corporations work in Canada:

  • Structure: A MIC is formed as a corporation and is typically managed by experienced professionals specializing in mortgage lending and real estate. The corporation issues shares to investors who become shareholders in the MIC.
  • Mortgage Lending: The primary activity of a MIC is to lend money secured by mortgages. MICs raise capital from shareholders and use that capital, along with any additional borrowed funds, to fund mortgage loans. These loans are typically secured by real estate properties such as residential homes, commercial buildings, or land.
  • Portfolio Management: MICs carefully manage their mortgage portfolios to minimize risk and maximize returns. They conduct thorough due diligence and credit assessments on potential borrowers, considering factors such as their creditworthiness, property value, and loan-to-value ratio. MICs aim to maintain a diversified portfolio by lending on various properties and borrowers.
  • Shareholder Returns: As a shareholder in a MIC, you are entitled to receive dividend payments from the interest income generated by the mortgage loans in the portfolio. MICs distribute a significant portion of their income to shareholders in the form of regular dividends, often on a monthly or quarterly basis. The dividend payments can provide investors with a steady stream of income.
  • Regulation: MICs in Canada are subject to specific regulations to protect investors and ensure transparency. The Canadian Income Tax Act sets out the tax treatment for MICs, allowing them to distribute taxable income to shareholders. MICs are also subject to securities regulations and may be required to provide periodic financial statements and disclosures to investors.
  • Risk Management: MICs aim to manage risk by implementing various strategies. They carefully assess borrower creditworthiness, property valuation, and loan-to-value ratios to minimize the risk of default. Additionally, MICs may diversify their portfolios across different types of mortgages, geographic regions, and borrower profiles to further mitigate risk.

Benefits of a MIC Investment

MIC Investments can offer a range of benefits for individuals seeking stability and attractive returns in their investment portfolios. Let’s delve into some of the advantages of investing in MICs:

  • Diversification: MICs provide investors with an opportunity to diversify their portfolios beyond traditional stocks and bonds. By investing in mortgages, you can potentially reduce the overall risk of your portfolio by spreading it across different properties and borrowers.
  • Steady Income Generation: One of the primary attractions of MICs is their ability to generate consistent income. As a shareholder, you typically receive regular dividend payments from the interest income generated by the mortgages held by the MIC. This income can be particularly appealing for income-oriented investors seeking stable cash flow.
  • Preservation of Capital: Mortgage investments are often considered to be more secure than certain other types of investments. MICs generally have a conservative lending approach, conducting thorough assessments of potential borrowers and their properties. This focus on risk management aims to protect investors’ capital while generating returns.
  • Professional Management: When investing in a MIC, you benefit from the expertise of professionals who manage the mortgage portfolio. These experienced managers possess in-depth knowledge of the real estate and lending markets, carefully selecting mortgage investments that align with the MIC’s investment strategy. Their expertise contributes to better risk management and potential returns.
mortgage investment corporation

“We have always found Fisgard to be very professional, honest, very helpful and extremely responsive . . . It’s a pleasure and a comfort to deal with this professional company.”

Roger & Rose V, investors since 2004

Our Mortgage Investment Corporation Fisgard Capital Corporation

Fisgard Capital Corporation (FCC) is the flagship fund managed by Fisgard Asset Management, designed to preserve capital and provide consistent, reliable returns to our valued investors. With FCC, we have strategically focused on catering to the underserved market of borrowers, offering them timely service, flexible financing terms, and competitive products.

Our unwavering commitment to prioritizing security and steady growth has allowed us to consistently deliver impressive returns to our investors. FCC has an exceptional track record of paying dividends on a consistent basis. We take immense pride in our dedication to maintaining uninterrupted redemptions for our investors. At Fisgard, we believe in building a legacy of trust and financial prosperity.

Fisgard has always aimed to make investing more accessible to people of all ages and income levels. With a minimum investment requirement of just $1,000, even young individuals can begin their journey toward a brighter financial future.

A Vision of Accessibility & Confidence

Seize the opportunity to invest in mortgage investment corporations and unlock the potential for financial growth. With Fisgard Asset Management and our exceptional Mortgage Investment Corporation, Fisgard Capital Corporation, you can embark on a path to financial prosperity.

Our dedicated team is ready to assist you every step of the way, answering your questions and guiding you toward a successful investment journey. Get in touch and start investing with confidence.

Diversify Your Portfolio with Fisgard

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