Frontenac Mortgage Investment Corporation (FMIC) has existed in one form or another for more than 25 years. Our success to date is due to lending within our means (no leverage), steady growth, prudent underwriting practices and active management of our mortgage portfolio.
FMIC is a stable mortgage investment that generates higher returns than a GIC and has little volatility and no exposure to the stock market.
*Returns as at December 31, 2009
FMIC reserves the right to cap the Fund at any time without notice. Indicated returns are net of management fee, which is 1.0% plus expenses, and net of mortgage administration fee of 1.0%. Please read the Fund’s Prospectus before investing (available at www.sedar.com). These are historical compounded returns. They do not take into account income taxes payable by any holder. Pooled funds are not guaranteed; their values change frequently and past performance may not be repeated.
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