Unlocking the Potential: How Adding Mortgage Exposure Can Enhance Your Investment Portfolio
A Mortgage Investment Entity (MIE) refers to an investment vehicle that specializes in investing in mortgages. MIEs can take various forms, including Mortgage Investment Corporations (MICs), Mortgage Investment Trusts (MITs), Limited Partnerships (LPs) or other structured investment vehicles.
The Alitis Private Mortgage Fund pools funds from multiple investors and use those funds to invest in a portfolio of MIEs, mortgages or publicly-traded mortgage-related securities. Mortgages can be residential or commercial and are typically provided to borrowers who do not meet traditional mortgage guidelines from banks or credit unions. These borrowers can include new Canadians, small business owners, developers, divorcees etc. Investing in mortgages can be a beneficial addition to a diversified investment portfolio.