The WMIC Investment Advantage

WMIC’s mandate is to generate a consistent and above average return on investments for shareholders through a professionally managed portfolio.  The WMIC management team and underwriters have extensive professional experience in real estate and mortgages.

Private mortgages have long been a proven investment vehicle for seasoned investors with a large amount of capital. However, due to the large capital requirements of a well-diversified mortgage portfolio, individuals with limited amounts of funds and expertise were unable to participate; hence the advantage of a MIC.  This type of investment is also becoming popular with individuals who have been investing in private mortgages independantly on a one-time basis.

WMIC brings the advantage of a well-diversified mortgage portfolio, such as high returns, low risk and regular income, without the need for a large investment or the hassle of managing a portfolio.

A large percentage of the mortgages funded are located in or within commuting distance to Ottawa. In addition to the very stable Ottawa real estate market, the WMIC management team has been dealing in mortgages in the Ottawa area for 35 years or more.

8.80%

Annual Return 
to
May 2012

 

DOCUMENTATION

   Subscription Agreement 2013 (PDF)
   Know Your Client Form – Individuals 2013
   Know Your Client Form – NON Individuals 2013

 

FUND DETAILS as of may 31, 2012

Size: 238 Accounts

Total: $42,170,212

Mortgage Type Average Loan Size

Average Loan-to-Value

Commercial 1st mortgages $365,389 59.86%
Commercial 2nd mortgages $249,599 75.24%
Residential 1st mortgages $248,667 70.01%
Residential 2nd mortgages   $81,113 78.48%

 
CURRENT RATES

Calendar Year Rates of Return
Year 2005 2006 2007 2008 2009 2010 2011  2012
Rate 10.60% 10.35% 10.10% 9.70% 9.90% 9.30% 9.10% 8.80%