A Unique Opportunity for the High Net-Worth Investor
Investment options for today's high net worth clients are more limited than they were five or ten years ago. Traditional vehicles like bonds and money market funds yield little returns, while more aggressive instruments, such as stocks, mutual funds or other equity-based holdings, have proved risky in recent years. Many investors with capital are looking for alternative investments.
Sinclair-Cockburn Mortgage Investment Corporation (MIC) provides a much-needed answer for the savvy investor. The MIC offers a solid rate of return and a great opportunity to invest in secured conventional and non-conventional mortgages. *(past performance may not be repeated and does not indicate future returns)
Here’s how it works: The MIC invests mainly in second mortgages with durations of no more than three years. It primarily invests in residential and, on rare occasions, commercial mortgages for properties located in Canada. However, the vast majority of the mortgages are in Ontario. A strict due diligence process includes an independent appraisal of the property, proof of income of the borrower (to support debt servicing) and a credit history of the borrower. Fund Manager, Chris Pridham, reviews the merits of each mortgage application. Sinclair-Cockburn lawyers handle all the legal work.