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Equimor Mortgage Investment Corporation (EMIC) is a
“mortgage investment corporation”, or a “MIC”, as
this term is defined by the Canadian Income Tax Act.
We are a private mortgage lender. It is the perfect
investment for people who are tired of the broken
promises of the stock market, and the big banks
paying them next to nothing on their savings while
reporting billion dollar profits. EMIC investors
receive a monthly cash payment equal to their
pro-rata share of the income received by EMIC on its
pool of assets each and every month. This money is
primarily received from a diversified pool of
mortgages held by the fund all of which are fully
secured by real estate. The founder of EMIC and
primary portfolio manager of the fund is a real
estate lawyer and mortgage broker with 20 years
experience in structuring, closing and enforcing
mortgages. EMIC has no employees and very few
expenses. As such almost all the funds earned are
paid to our investors. EMIC is a safe and secure
investment alternative earning an exceptional
return.
If you are looking for a very efficient
investment for your RRSP, we welcome you to consider
EMIC Special Shares. Because a MIC pays no income
tax at the corporate level, and you pay no tax on
the funds received in your RRSP, you earn 100% of
your share of the funds generated from EMIC's pool
of mortgages tax free. In addition, if you enroll
into our dividend reinvestment plan you can compound
your return monthly. This means your dividends are
automatically invested each month and the following
month you will receive a dividend on these shares as
well. As an indication of how strong this
compounding effect can be, at a 10% annual return
your investment will double approximately every 6.9
years.
If you would like to receive our Offering
Memorandum, please
provide us your contact information
and we will forward the same to your attention.
Please also feel free to contact us toll-free at
1-877-666-3936 if you have questions about EMIC and
how it might fit into your portfolio.
OPERATING RESULTS
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22 month
Average Return
on Annualized Basis* |
Dividend Yield
YTD |
Dividend Yield
Last Year |
Dividend Yield
Two years Ago |
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August 15, 2006 |
12.09% |
10.33% |
10.80% |
9.41% |
* (average
monthly return on annualized basis net of all
expenses but before loan loss reserve since
monthly dividend policy adopted in November,
2004)
About Equimor MIC • What is a MIC • Why Invest in a MIC • Management Team - Equimor • Michael Woods • Douglas Loosemore • Seminars • Contact Equimor
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