Abel Creek Investment Corporation

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Click the question to fast track to the answer you want to find. What is a MIC? How does Abel Creek work? Why Mortgages? How do we manage risk? What are the steps to investing? What forms are required? Is there a minimum investment? Is this investment RRSP/RRIF eligible? What is your expected rate of return? Does it fluctuate? How and when is interest paid? Can I redeem my investment? How does Abel Creek differ from other MIC's? How would a financial planner benefit from diversifying their client portfolios to include Abel Creek? Is this investment "guaranteed" or protected by insurance like CDIC? Investors "pool" their money by buying shares in a company known as a Mortgage Investment Corporation (MIC). MICs are companies organized for investors to invest in pools of mortgages. Profits, which come from interest paid by the borrower, generated by MICs are distributed to its shareholders according to their comparative interest. Similar to a mutual fund, a MIC provides a convenient way to diversify a portfolio of investments; in this case mortgages instead of stocks or bonds. UNLIKE most mutual funds, your money is secured by real estate, which is not generally influenced by the unpredictability of the stock market. The investor in a MIC earns a blended rate of return based on the interest earned from each respective mortgage. The pool is continuously refreshed with new mortgages replacing those that have matured. A MIC is for those investors who want a rewarding yet effortless investment. All income generated by your investment is deposited directly into your account. We provide a monthly statement that will keep you informed of: account balance, current yield and all of your mortgage portfolio details.

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