Why MICs Have a Place in Every Investment Portfolio
In an era of record-low interest rates, market volatility and unprecedented fiscal and monetary intervention, investors need to think outside the box when constructing their portfolio. Within the US $10 trillion alternative asset market, private mortgages provide a viable alternative to conventional portfolios composed of stocks and bonds. Mortgage Investment Corporations, or MICs, are one…
Read moreAvoid the pitfalls of Investment Biases when considering Alternatives for your Portfolio
Research has shown us that investors are often compelled to act based on certain preconceived biases. These biases, whether conscious or not, skew their decision-making process in a way that could adversely affect their portfolio’s performance. Anchoring is one such bias that has been flagged by market theorists. Anchoring is a subconscious bias towards an…
Read moreInvest in CMI Mortgage Investment Corporation (MIC) funds
Portfolio managers have observed an interesting relationship over the past three months: Stocks and bonds have exhibited the strongest positive correlation this century. While far from an iron-clad indicator, the bond yield ratio suggests that investors are legitimately concerned about inflation. The data certainly backs this up. Annual inflation in Canada and the United States…
Read moreCMI State of the Market: Home Sales Surge as Busy Spring Season Heats Up
March was another record-breaking month for Canada’s housing market, as strong demand and rising inventories led to more closings across the country. The gains were underpinned by a strong labour market and cautious optimism that Canada’s economic recovery was gaining momentum. Signs of recovery in the condo market also suggested that Canadians were in search…
Read moreAssessing the Lending Climate During COVID
Real estate has been one of the biggest catalysts of Canada’s economic recovery from COVID-19. Strong pent-up demand, favourable interest rates and a rush to the suburbs have kept home sales and real estate values trekking upward for much of the latter half of 2020. For lenders, however, the pandemic has created a new and…
Read moreVictoria Housing Market Review
Victoria is the capital of British Columbia and is a community of choice for many individuals. One of the many reasons is the economic opportunities the city provides. Consequently, its housing market has experienced a notable increase in demand, although overall sales performance has declined due to rising home prices. In a recent report by…
Read moreVancouver Housing Market Review
Vancouver, the largest city in British Columbia, is one of the best places to live in Canada and, arguably, in the world. Unsurprisingly, the city of Vancouver has had exceptional growth over the years, though the economy and its growth has cooled down. The city’s housing market, in particular, is expected to boom. Housing prices…
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Contact us for more information on our MIC funds or to book an appointment with one of our Investment Professionals.