Realty Investments Corporation has one MIC under its administration which does first and second commercial mortgage loans in Western Canada, allows registered and non-registered investors and the dividends are paid quarterly, called Capital Mortgage Investment Corporation.

Capital Mortgage Investment Corporation is a public corporation distributed through an Offering Memorandum filed annually with the provincial Securities Commissions in which our investors reside.

An investor purchases preferred shares at a cost of $1.00 per share. If a share is purchased prior to the end of a reporting period, an adjustment will be made to that share to coincide with the net yield for that period according to the number of days that it was invested. These shares are not traded publicly and can only be purchased and sold through Realty Investments Corporation.

The MIC has a Board of Directors with diverse backgrounds and knowledge that collectively bring their expertise together to ensure that the MIC is professionally managed and that the best returns possible flow through to the investors with a minimum level of risk.

The dividends paid to our investors are calculated and paid quarterly and include graphics that show the percentage of the MICs mortgage investments that are first and second mortgages, how many are in each province and their locations, together with what percentage each mortgage investment is of the total funds invested for the MIC for that quarter. Unless otherwise instructed, your dividends will be reinvested back into the MIC and your interest earning will be compounded quarterly which means that you will receive interest on your dividends as well.

The fee that the MIC pays to Realty Investments Corporation, the administrator, is not paid by the investor, but is deducted from the interest income earned on the mortgages prior to the net income for the quarter being distributed to the investors. The investor earns a blended rate of return for each quarter based on the interest earned from each mortgage within the fund and is paid based on the number of shares held during that quarter. The mortgage pool is continuously revolving with new mortgages replacing maturing mortgages.