CareVest Core Mortgage Investment Corporation
Real Mortgages. Real Values.
CareVest Core Mortgage Investment Corporation (“CareVest Core MIC”) provides investors with the opportunity to passively invest in commercial mortgages. Generating a historical compounded annual yield over 7.75%* while currently holding 100% first mortgages, CareVest Core MIC targets a diverse range of opportunities from commercial to residential real estate, including raw land, multi-family, infills, office, industrial, and retail.
CareVest has retained Belco Private Capital Ltd. ("Belco") as Exempt Market Dealer for investment into CareVest Core MIC. If you are interested in placing an investment or would like to learn more, please get in touch and we will connect you with a licensed Belco Dealing Representative.
Investment Objectives
Preserve capital. Generate returns. Pay distributions.
The investment objectives of a MIC are to preserve investor capital and generate a return that pays distributions. They are also an opportunity to own shares in a tax-efficient fund that invests in real mortgages on real property.
CareVest Core MIC has successfully delivered attractive returns to investors since its inception in 2021.
Fund Highlights and Resources
The discipline, in three numbers.
(1) At August 31, 2026.
(2) Gross weighted average loan interest rate per annum charged by CareVest Core MIC to borrowers before the deduction of fees and expenses. The gross weighted average loan interest rate per annum may differ from the net yield to investors as a result. Finance income (Loan Interest Rate) is recognized when it is probable that the economic benefits will flow to CareVest Core MIC and the amount of revenue can be measured reliably. Where a Mortgage is not in good standing, the recognition of finance income is dependent on the timing of the receipt of cash flows from the borrower.
(3) Weighted average estimated Loan-to-Value ratio at the date the mortgage is acquired or funds are initially committed.
(4) There is no assurance that historical performance will be representative of future performance. Future dividends are not guaranteed. Please visit www.carevestmanagement.com for additional information.
(5) Inception is based on the initial issuance of Class A Shares in August 2021 and the first distribution in September 2021. Dividend Reinvestment Plan (DRIP) is at Net Asset Value per Class A Share.
Fund facts at a glance
Everything on one screen.
Offering details, terms, and risk factors are set out in the offering documents. CareVest Core MIC is a speculative offering that involves risk factors.
How it Works
The MIC structure
CareVest Core MIC is structured as a Mortgage Investment Corporation (“MIC”). Investors purchase shares of CareVest Core MIC – an investment fund which acquires and maintains a portfolio of mortgages. Therefore, a MIC structure provides a tax-efficient opportunity to indirectly participate and passively invest in the real estate lending market.
For Investors
Our investors live and work in Western Canada and they want to invest in what they know.
CareVest Core MIC is designed for investors who value real people, real mortgages, and real property. It’s for entrepreneurial-minded individuals driven by the potential of bold real estate lending opportunities. With CareVest Core MIC, investors can directly participate in the real estate lending sector, with the opportunity to earn monthly income while preserving capital.*
CareVest Core MIC is part of an organization with a professional team that generally focuses on first position mortgages to residential, for-profit builders and developers located in Western Canada. This includes thriving urban destinations like Vancouver and the Lower Mainland, Calgary, Edmonton, Interior B.C. and surrounding bedroom communities. When you invest in CareVest Core MIC, you support the growth and vibrancy of these key regions and the pioneering, entrepreneurial communities they support.
*CareVest Core MIC is a speculative offering that involves risk factors.
We invest where we live, turning hand-selected Western Canadian real estate lending opportunities into a rewarding portfolio of mortgage investments for investors with the objective to preserve capital, generate returns, and provide income. Every mortgage investment is constructed by a management team with deep knowledge of the local markets.
On-site visits are conducted by our team to identify lending opportunities that demonstrate optimal location, development quality, credit profile, the potential for capital appreciation, and prospects for income generation. Every mortgage is structured, reviewed, approved, and actively managed.
RRSP & TFSA
Ask about our ongoing RRSP & TFSA Promotion.
Shares of CareVest Core MIC can be held in registered accounts. Contact investor relations for the current promotion details.
Get in Touch
Interested in placing an investment?
CareVest has retained Belco Private Capital Inc. ("Belco") as Exempt Market Dealer for investment into CareVest Core MIC. If you are interested in placing an investment or would like to learn more, please contact us to get in touch with a licensed Belco Dealing Representative.