Investors are looking for high yield, safe investing opportunities more than ever.
Our MIC funds are all eligible for private or corporate investment. Shares of a MIC are qualified investments under the Income Tax Act (Canada) for RRSPs, RRIFs, RESPs and the newly created Tax Free Savings Account (TFSA).
Shares of the MIC funds are not offered by prospectus. All investors must qualify for an exemption from the prospectus requirements. This information is available in the offering memorandum.
Our Investment Philosophy
When you buy a MIC you are choosing the people who are directly accountable for managing your money. You need to know their investment philosophy.
At Great Pacific our investment philosophy is simply to protect our shareholders’ money and provide them with the highest possible return.
Our shareholders make money because of the experience, expertise and judgment of our team. They know the business, they know their market and they have a record of success. They also know how to find a steady flow of new mortgages to keep the income flowing in quarter after quarter.
Our Investment Advantage
We manage our MIC funds in the best interest of our shareholders. This is how we set ourselves apart.
Investment Security – Our shareholders are protected by a significant amount of income that has been set aside in the event of a mortgage loss in each fund. All investments are secured by real estate.
Accountability – Audited financial statements are undertaken for Great Pacific’s funds, annually. All shareholders have voting rights and have a voice at the Annual General Meeting.
Transparency – investors have the ability to review the fund’s files and portfolio list, at any time.
Experience – the Great Pacific team are experienced underwriters in the loan approval process and our approval process is rigorous.