Risk Factors

Investment Risks

An investment in AAMIC Shares offered hereunder should be considered speculative due to the nature of the Corporation’s business. Investors should carefully refer to our Offering Memorandum or consult your investment advisor with a copy of our Offering Memorandum, before making an investment decision.

Comparative Risks*

Mortgage investments are not directly correlated to public equity markets. This is important because public markets (equities and bonds), have inherent short term volatility due to many risk factors not controlled by investors such as company performance, speculative trading, securitization, sector cyclicality and global trends.

A MIC investment is generally protected by the “equity cushion” in the property, in which the borrower is heavily invested in subordination to our mortgage loan.








*Source: Canadian Securities Course. CSI Global Education Inc. (2008) Chapter 18.10