Offering Overview
| Managed By | Atlantic Advantage Mortgage Investment Corporation (“AAMIC”) |
| Fund Type | Close-ended pooled mortgage fund |
| Inception Date | February 24, 2014 |
| Investment Instrument | Class A (non-voting) Preferred Shares @ $10 per share |
| Minimum Investment | $25,000 (2,500 Class A Preferred) for Accredited Investors |
| Redemptions | At end of each calendar quarter subject to first 4 months lockdown and redemption amount discount of 5% in year 1, 3% in year 2 and 2% in year 3. |
| RRSP/RESP/RRIF/TFSA Eligible | Yes |
| Dividend Reinvestment Plan (DRIP) | No |
| Management Fee | Up to 4% p.a. |
| Performance Fee | Up to 12.50% of Annual Net Operating Income |
| Anticipated return | 8% p.a. |