Can a boring investment yield a high return?
With over 8.00% in annualized returns* since our inception in March 2013, the Cannect Mortgage Investment Corporation is one of the best investments* you can make today.
Avg Return in the last 12 months
Can a boring investment yield a high return?
Can a boring investment yield a high return?
With an 9% return* since our inception in March 2013, the Cannect Mortgage Investment Corporation is one of the best investments* you can make today.
Avg Return
Why choose Cannect Mortgage Investment?
Lower fees, no middlemen
Unbiased guidance from non-commissioned staff
High returns compared to fixed income investments
Lowest Loan To Value Mortgages in the industry
* Audited results as of May 2023. Past returns are not indicative of future results, please request a copy of our Offering Memorandum for more details.
Mortgage Investment Corporations (MIC) are tax exempt investment corporations that allow people to pool their money in order to invest in Canadian residential and commercial mortgages. Cannect Mortgage Investment Corporation was designed to better connect investors with borrowers. Cannect has been able to offer excellent risk weighted return to its investors by removing the intermediaries typically involved in this form of investing.
Award-winning, because we actually
care.
Why invest with Cannect?
Low Loan-to-Value (LTV) Ratio
Minimal risk is built-in by design, with a low LTV ratio of 50 to 60% —much lower than the major banks. We also only lend when a borrower has a credible 6- to 12-month exit strategy.
Full Transparency with Investors
You always have direct access to the Cannect MIC portal, which provides real-time information about all properties held in the portfolio, selection criteria, appraisals, exit strategies and returns.
Consistently High Returns
Technology makes us a better lender. For you, that means a better investment.
Never Lost a Dime of Investors Capital
Cannect as a reliable leader in wealth preservation and enhancement. Investors can trust in the company's ability to identify lucrative opportunities, mitigate risks, and deliver steady, reliable growth, making Cannect a standout choice in the competitive landscape of mortgage investments.
Have more Questions about Cannect MIC?
We have all the answers for you
What is a Mortgage Investment Corporation (MIC)?
A Mortgage Investment Corporation (MIC) is a Canadian company that pools funds from investors to provide mortgages to borrowers. MICs primarily finance residential mortgages in Canada but may also invest in other assets. The revenue generated by a MIC, which includes the interest paid by borrowers on their mortgages, is distributed to MIC shareholders as dividends.
Investing in a MIC offers Canadians the opportunity to diversify their investment portfolio and enjoy several advantages. For instance, MICs are exempt from paying income tax, reducing the impact of double taxation and potentially enhancing investment returns. However, MICs must adhere to specific regulations outlined in the Income Tax Act. These regulations include focusing on Canadian properties, allocating at least 50% of assets to residential properties or deposits, and allowing up to 50% of assets to be invested in commercial mortgages. Additionally, a MIC must have a minimum of 20 shareholders, with no single shareholder holding more than 25% of the MIC’s shares.
In this overview, we’ll delve into the workings of MICs, explore the benefits of investing in them, and discuss notable MIC examples available to investors.
Why is Cannect MIC the safest among the rest?
Cannect positions itself by having a “unique” approach, where they go directly to investors to raise money, they go directly to consumers to lend out money, and they maintain a low loan-to-value (LTV) lending ratio.
Cannect has a larger second mortgage portfolio than other MICs. 40% of Cannect mortgages are second mortgages. However, Cannect also has a lower LTV ratio which reduces its risk.
How does a MIC function?
MICs operate as flow-through entities, meaning all of the MIC’s net income is directly distributed to shareholders. This structure is akin to mutual fund trusts, another prevalent flow-through entity in Canada.
Investors acquire shares of a mortgage investment corporation, granting them ownership in the MIC. Dividends are then disbursed to shareholders based on their respective ownership shares.
Typically, MICs function as private lenders, extending loans to subprime mortgage borrowers. This aspect can introduce higher risk compared to bank mortgages due to the lack of regulation for private lenders. However, it also enables MICs to offer compelling returns and dividends. To manage risk, MICs impose maximum allowable Loan-To-Value (LTV) ratios for their portfolios, maintain short mortgage term lengths (often less than 1-2 years), and concentrate on major urban markets in Canada. Additionally, MICs expect borrowers to have viable exit strategies.
Cannect MIC stands out as the best choice, offering superior returns and maintaining the lowest LTV ratios in the market.
What are the benefits of investing in Cannect MIC?
Security: Investing in Cannect MIC offers a secure way to grow your money. We utilize assets such as personal guarantees and insurance policies for security, while real assets secure the mortgages.
Network: Our network includes industry experts with a strong background in mortgage lending. They provide invaluable knowledge and critical information, enhancing your investment portfolio with diverse experiences across various investment scenarios.
Portfolio Diversification: Investors benefit from placing their funds in a broad pool of mortgages through portfolio investment. Diversification helps maximize returns and manage risk levels effectively. Cannect MIC efficiently manages every mortgage plan for higher returns, ultimately growing investors’ money.
Tax Benefits: Under the Income Tax Act of Canada, Cannect MIC enjoys preferential tax treatment. Capital gains and cash inflows qualify as tax-free, reducing the impact of double taxation. This benefit is especially advantageous for shareholders receiving interests in income.
Moreover, Cannect boasts a Low Loan-to-Value (LTV) ratio and maintains full transparency with investors, ensuring a trustworthy and rewarding investment experience.
Testimonials
Angela has been invested in the Cannect Mortgage Investment Corporation since 2013. Find out what she thinks of her investment. “Cannect is a very specialized investment. I
Arnold is an investor in the Cannect Mortgage Investment Fund. Here he share’s his thoughts on Cannect, and his thoughts on security of his investments. “We
Alessandra is a professional real estate lawyer and owner of Vantage Law. She is invested in the Cannect Mortgage Investment Corporation. “The reason why I
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Investing with Cannect MIC
Elevate your investment strategy with Cannect, where a low loan-to-value ratio, unwavering transparency, a high rate of return, and a proven track record converge into a golden opportunity. Invest confidently today and watch your financial future thrive.
Marcus Tzaferis
Managing Director Cannect MIC
