Great Pacific has managed mortgage investment funds since 1994. Both are secured by Canadian real estate, managed entirely in-house, and built around the security of your capital.
No obligation. A 30-minute call to see whether either fund fits your portfolio.
Your capital is pooled alongside other investors and deployed as mortgages secured by Canadian real estate. As borrowers repay interest, that income is declared as dividends back to you.
Minimums vary by fund. Shares can be held inside an RRSP, RRIF, RESP, TFSA, or a non-registered account.
Capital is deployed as mortgages secured by real estate, underwritten in-house by the same team managing the fund.
Both funds distribute income when declared by the board, paid to you or reinvested for compounding growth.
Most investors land in one fund; some split between both. Same team, same underwriting standards, same asset class — different mandates.
Broader mandate across 1st, 2nd, and 3rd mortgage positions.
Senior first mortgages only. No junior positions, no exceptions.
Book a call and we’ll confirm fit, minimums, and next steps.
No separation between the investment manager and the lender, which means direct accountability and no third-party risk anywhere in the portfolio.
Directors have managed capital through multiple market cycles since 1994.
Great Pacific is a registered Exempt Market Dealer under BC and Ontario securities law.
Shares are held in trust by Olympia Trust Co. and audited annually by MNP LLP.
Every mortgage in both portfolios is secured by property located in Canada.
MIC investing isn’t complicated, but it’s new territory for most people, and new territory always comes with questions. Here are the ones we hear most often, answered without the jargon.
Accredit Mortgage Ltd. has a $25,000 minimum. First Accredit Mortgage Corp. has a $5,000 minimum. Many investors start at the minimum and increase their position over time.
No. MIC investments are not guaranteed and involve risk, including possible loss of principal. Distributions are declared at the discretion of each fund’s board.
No. MIC shares are not deposit-insured and are not covered by CDIC. A MIC is an investment in a mortgage lending company, not a bank deposit, and the security comes from the underlying real estate, not deposit insurance.
Yes. Both funds are eligible for RRSP, RRIF, RESP, and TFSA accounts, along with non-registered cash accounts.
Shares are redeemable upon written notice to the issuer, subject to issuer approval.
MIC investments are best treated as medium to long-term holdings rather than liquid positions.
Not necessarily. Both funds are available to accredited and eligible non-accredited investors under BC and Ontario securities regulations, confirmed during onboarding.