Most Common Questions

The eligibility of various sources of funds to be invested into BEDROCK MORTGAGE INVESTMENT CORPORATION (or a similar entity) in Canada typically includes the following: 

Registered Retirement Savings Plan (RRSP): Funds from an RRSP can often be invested in mortgage investment corporations, provided the investment is compliant with RRSP regulations. 

Registered Retirement Income Fund (RRIF): Similar to RRSPs, funds from an RRIF can also be used to invest, subject to RRIF rules and the specific investment guidelines of the mortgage investment corporation. 

Tax-Free Savings Account (TFSA): Investments from a TFSA are generally permissible, offering the benefit of tax-free growth on the invested amount. 

Cash Savings: Personal savings held in cash can be directly invested, provided they meet the investment requirements set by the mortgage investment corporation. 

Funds in Holding Companies: Holding companies can invest their funds in mortgage investment corporations as long as it aligns with their investment strategy and corporate governance rules. 

Funds from Corporations: Corporate funds, whether from operating businesses or investment firms, can be invested in mortgage investment corporations, subject to corporate policies and investment objectives. 

It is always recommended to consult with financial advisors or the specific mortgage investment corporation for detailed and personalized advice, ensuring compliance with all regulatory and legal requirements. 

The minimum investment amount for BEDROCK MORTGAGE INVESTMENT CORPORATION is $75,000.00. There is no real maximum investment amount, provided that the investments comply with government requirements. 

There are no additional fees or costs above or beyond your investment. 

Investments in BEDROCK MORTGAGE INVESTMENT CORPORATION are paid out quarterly and are distributed via direct deposit or reinvested through our Dividend Reinvestment Program (DRIP) program. 

If you need more information or have any other questions, feel free to ask! 

Investing in BEDROCK MORTGAGE INVESTMENT CORPORATION, like all investments, carries risks, and returns cannot be guaranteed. However, the target rate for 2024 was set at 7.5%. The returns for the last three quarters have been: 

October to December 2023: 7.85%
January to March 2024: 7.85%
April to June 2024: 7.95% 

These figures indicate that the actual returns have exceeded the target rate for these periods. Historically, we have returned from 6% to a high of 7.95% since inception. 

If you have invested your money into BEDROCK MORTGAGE INVESTMENT CORPORATION and need to withdraw funds, you can request a redemption. Provided there is sufficient liquidity, your funds will be repaid to you. If funds are not available at the time of request, they will be paid out to you as soon as they become available. Funds are locked in for a minimum two-year period. If an early redemption is requested, there is plenty to withdraw funds. 

All investors must be vetted and approved by our Exempt Market Dealer (EMD), Robson Capital. In almost all cases, an investor must qualify as an accredited investor to be considered.

Below are the two main criteria to be considered accredited. 

Must have a minimum of $1,000,000.00 in investments, excluding real estate, or have an individual annual income of $200,000.00 or combined with spouse of $300,000.00. 

Funds are invested in residential first and second mortgages in Ontario. We have consistently had 85% of our portfolio in first mortgages with an average loan-to-value of approximately 52% at the time of funding.