Your Capital, Secured by BC Real Estate and Managed by the People Who Know It Best.
Great Pacific has been managing mortgage investment funds since 1994. Both funds are backed by BC real estate, managed entirely in-house, and built around one priority: the security of your capital and the reliability of your income.
Accredit Mortgage Ltd.
GPMI’s largest and longest-running fund, with a diversified portfolio of residential first, second, and third mortgages across BC. Average loan-to-value of 60%. A good fit for investors who want broad access to BC’s mortgage market through a portfolio with over 30 years of lending history behind it.
- Minimum investment: $25,000
- Mortgages: 1st, 2nd and 3rd position
- Average LTV: 60%
- Dividends: quarterly (income or reinvested)
- Eligible: RRSP, RRIF, RESP, TFSA
First Accredit Mortgage Corp.
A more conservative fund focused exclusively on first mortgage positions, primarily on Vancouver Island and mainland BC. At least 50% of the portfolio is held in residential mortgages or cash-equivalent instruments. A good fit for investors who want lower risk exposure and a focus on security over yield.
- Minimum investment: $25,000
- Mortgages: 1st position only
- Portfolio: Vancouver Island & mainland BC real estate. Open to eligible investors in BC and Ontario.
- Dividends: quarterly (income or reinvested)
- Eligible: RRSP, RRIF, RESP, TFSA
The Advantage of Two Funds Under One Roof
Most investors end up in one fund, some split between both. Having two distinct options means we match your capital to the right risk profile having two distinct options means your capital goes into the right risk profile rather than a one-size structure. Both funds are managed by the same team, follow the same underwriting standards, and are secured by the same category of asset: registered mortgages on BC real estate.
The team managing your investment is also the team placing the mortgages. There’s no separation between the investment manager and the lender, which means direct accountability and no third-party risk anywhere in the portfolio.
The People Behind the Portfolio
Every mortgage in both funds is reviewed and approved by the same directors who have managed this capital since the funds were founded. Collectively, the board brings almost 100 years of lending and financial industry experience.
Works Inside Your RRSP, TFSA, and More
Eligible Registered Accounts
RRSP: Registered Retirement Savings Plan
RRIF: Registered Retirement Income Fund
RESP: Registered Education Savings Plan
TFSA: Tax Free Savings Account
Also Eligible
Private or corporate investment accounts. Shares are not offered by prospectus. All investors must qualify for an exemption from the prospectus requirements. Details are in the Offering Memorandum for each fund.
Questions About the Funds
MIC investing is straightforward once you understand how it works, but it raises real questions for most people coming to it for the first time. These are the ones we hear most, answered plainly.
What is the minimum investment?
Accredit Mortgage Ltd. has a minimum investment of $5,000. CONFIRM First Accredit minimum with client. Many investors start with the minimum and increase their position over time — it’s a common way to get comfortable with how the fund performs before committing more capital.
How are dividends paid?
Both funds pay dividends quarterly. You can take them as income paid directly to you, or reinvest them for compounding growth. The choice is yours and can be changed over time.
How do I redeem my shares?
Do I need to be an accredited investor?
Not necessarily. Both funds are available to accredited and eligible non-accredited investors under BC and Ontario securities regulations. Eligibility is confirmed during the onboarding process. If you’re unsure whether you qualify, the best first step is a conversation with our team.
Where can I read the full fund details?
The Offering Memorandum for each fund contains the complete terms, risk disclosures, and financial structure. Links to both are in the fund cards above. We’d also encourage you to speak with our team before investing so you can ask questions directly.
