Gibraltar's Mortgage Investment Corporation Inc.

Diversification, Liquidity, Security, Profitable Returns... Are you getting these with your current investments?

 

The GMIC Advantage

If you’re feeling the pain and frustration associated with the ups and downs of the stock market and conventional bank investments, you’re not alone. It’s no secret that today’s investors are looking for alternatives to their current investments – alternatives that offer good returns and a good night’s sleep.

Gibraltar’s Mortgage Investment Corporation (GMIC Inc., hereafter referred to as GMIC) provides competitive returns and lower risk. That’s what makes the GMIC so timely. And because GMIC is managed by a professional management team – people you may already know – you can feel confident knowing your investment is in trusted hands.

 

Key Benefits of the GMIC

  • Diversification. Gibraltar’s diverse portfolio of real estate investments mitigates risk for you.
  • Liquidity. You can redeem your principal investment with 120 days notice.
    Security. Investments are fully secured with real estate assets financed mainly through first mortgages.
  • Consistent returns. The GMIC has consistently paid above average returns throughout its 17-year history.
  • Low entry-level investment. Minimum investment is $10,000.
  • RRSP and RIF eligibility. You can use funds from your retirement savings plan or registered income fund to invest in the GMIC.
  • Virtually hands free. You can invest in quality real estate without the hands-on responsibilities of direct property ownership.
  • Licensed in Alberta and British Columbia. Residents of these provinces are eligible to invest.

How the GMIC Works

COMPOSITION. First introduced in 1985, the GMIC is comprised of single-family residential mortgages insured by Canada Mortgage and Housing Corporation (CMHC), as well as short-term or “interim” commercial mortgages, which are typically one-year terms. These interim mortgages are for construction loans or equity loans for commercial, single or multi-family residential property, retirement homes, renovations and land servicing (such as new subdivisions). Diversification of the MIC’s portfolio helps you reduce your investment risk. This is accomplished by incorporating diverse property types in various provinces throughout Canada, minimizing the affect of economic downturns or shifts in different regions. New mortgages are added to the pool continually as older mortgages mature and are paid out.

CHOICES. The return on your investment is calculated quarterly based on the combined yield of the pooled mortgages in the GMIC during that quarter. You have the flexibility to choose cash dividends, paid to you quarterly, or to reinvest quarterly earnings in additional common shares.

MANAGEMENT. The GMIC is managed by the same experienced team who leads the 28-year-old Gibraltar Mortgage Ltd., and the Board of Directors is elected by you, the investor. You are provided with annual audited financial statements and have the opportunity to attend annual shareholders meetings.

 

How to Add the GMIC to Your Portfolio

It’s simple. Just give us a call. We will be pleased to answer any questions and provide you with the Offering Memorandum and, if you choose, get your money working harder for you.

Calgary: Phone (403) 270-7000 direct or Toll Free 1-888-878-0677

Edmonton: Phone (780) 482-1646 direct or Toll Free 1-800-482-1646

 

What is a MIC?

A Mortgage Investment Corporation (MIC) is a pool of diverse mortgages that are funded and managed by an investment corporation. Investors own shares in the corporation and earn returns on the interest received from the mortgages. The MIC provides a unique blend of respectable returns with lower risk when compared to many other types of investments.

 

Protecting Your Investment

A portion of returns is regularly placed in reserve to safeguard against future economic variables.
 

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