Investors
Our business objective is to obtain a secure stream of income by optimizing its investment portfolio within the MIC criteria mandated by the Income Tax Act. The Corporation’s primary business is earning income through investing in loans to borrowers secured on real property situated in Canada.
| Offering Size | Maximum offering of $25,000,000( CAD Twenty Five Millions) |
| Issue Price | $1.00 Per Share |
| Minimum Investment | $25,000 ( CAD Twenty Five Thousand) |
| Investment Eligibility | The MIC is eligible for registered plans (RRSP/TFSA) as well as direct investment: refer Offer Memorandum |
| Investment Type | Residential Mortgages/ Commercial Mortgages |
| Targeted Annual Return | 9.00% Per Annum paid quarterly/ Monthly |
| Investment Term | 2 years with redemption features available (Please see OM for details*). |
| Investment Locations | The properties are located in Ontario. |
| Average LTV | Weighted Average Portfolio LTV between 65%-75% |
| Investment Redemption Features | Investments can be withdrawn with 90 days’ notice. A haircut of 4% applies between 12-24 months. After 2 years, no penalty applies. Please see OM for more information on the redemption features* |
Fund Administrators:
TEIG Capital Funds Inc.
FSRA License Number: 12882
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104-268 Derry Road West
Mississuaga ON - L5W 0H6 - 905-362-7200
- 905-362-7204
Auditors:
A & A PARTNERS LLP
FSRA License Number: 12882
CHARTERED PROFESSIONAL ACCOUNTANTS
-
7-7003 Steeles Avenue W.
Toronto ON - M9W 0A2 - 416-674-2275 (AAPL)
- www.aapartners.ca
Why Invest With Mint Capital MIC
With decades of combined experience, we make informed investment decisions to maximize returns while managing risks.
Steady Income Generation
Security Through Real Assets
Access To Private Mortgages
MINT Capital MIC is provide safe and secure returns to investors for their Cash, RRSP, and TFSA accounts. The target rate of return is 9% per annum. MINT has given 9% plus return in the past years.
More and more investors are exploring avenues beyond the conventional realms of stocks and bonds, leading them to divert their investments toward Mortgage Investment Corporations (MICs) and other real estate-associated opportunities. In response, Mint Capital has emerged as a provider that extends an attractive proposition: a collection of first and second mortgages characterized by low-risk profiles. This unique portfolio draws from a well-diversified pool of mortgages situated in Mississauga, ON. Our lending activities are focused on residential properties positioned within both urban and suburban landscapes, primarily in exceptionally sought-after municipalities.
The evolving investment landscape has prompted a shift in focus toward Mortgage Investment Corporations and real estate-linked ventures as substitutes to traditional equity and fixed-income options.
Mint Capital stands out in this domain, offering discerning investors an assortment of first and second mortgages that exhibit a remarkable degree of stability. These mortgages, thoughtfully chosen from a diverse range, are situated within the vibrant locale of Mississauga, ON. We specialize in extending loans to residential properties nestled in urban and suburban enclaves, particularly within municipalities renowned for their desirability among homebuyers and investors alike.
At the forefront of lending in Mississauga, ON, our mortgage compilation assures reliability, fluidity, and dependable expansion even amidst periods of instability. With a demonstrated prowess in investment, we excel in curating a harmonized assortment of initial and subsequent mortgages. This array encompasses an array of residential assets spanning different geographical zones within Mississauga, ON, effectively safeguarding your investment from the vagaries of the market. This strategic portfolio approach guarantees a consistent flow of monthly revenue that matures progressively over the course of time.