The Cannect MIC has generated an average annual return of approximately -- net of fees, for its investors since inception.
It may be most boring investment you’ll ever make — and that’s a good thing!
With Cannect, potential borrowers see how much of a loan they qualify for and what their interest rate will be in seconds.
While borrowers get the information they need, Cannect uses its proprietary technology to assess the loan application and verify the relevant details.
Here are 5 more reasons to consider investing in Cannect Mortgage Investment Corporation:
Cannect generates consistently high returns
Technology makes us a better lender.
For you, that means a better investment.
1 year
5 years
10 years
CANNECT
8.71%
8.19%
—
S&P Canada Aggregate Bond Index
2.93%
1.29%
1.76%
S&P/TSX Composite Index
1.88%
8.76%
8.34%
Atrium
1.75%
5.65%
6.71%
Timbercreek
6.41%
3.73%
2.69%
Firm Capital
9.77%
4.17%
4.34%
SOURCES: Morningstar, S&P Global, Priced as of May 2nd, 2023
* (Audited results as at date.)
Cannect generates consistently high returns
Technology makes us a better lender.
For you, that means a better investment.
1 year
5 year
10 year
8.71%
8.19%
—
S&P Canada Aggregate Bond Index
2.91%
1.29%
1.76%
S&P/TSX Composite Index
1.80%
7.13%
2.91%
1.75%
5.64%
6.17%
6.41%
3.73%
2.69%
4.77%
4.17%
4.34%
Cannect maintains a loan-to-value (LTV) ratio of between 50 and 60 percent
Not only is Cannect’s LTV much lower than the major banks, but Cannect lends only when the borrower has a credible six to 12-month exit strategy. To date, Cannect has not lost a dollar of investors’ capital.
Property type
Loan amount
Mortgage type
Cannect is transparent with its loan portfolio to investors
Investors also have direct access to the Cannect MIC’s web portal, which provides detailed, real-time information about all properties held in the portfolio, selection criteria, appraisals, exit strategies, and returns.
Cannect has a low cost of borrower acquisition
The Cannect Mortgage Investment Corporation removes third party intermediaries such as brokers when working with a prospective borrower. In doing so, costs for non-qualified borrowers are reduced, while risk-rated returns for investors are increased.
Cannect fills a void in the lending marketplace
When a person’s income or personal situation changes, they often find that there is nowhere to turn. Cannect provides a short-term, affordable bridge that sets clients on a path to improve their overall financial position. Seventy per cent refinance into lower cost mortgages.
Ready to get started? Questions? Want to learn more?
Let’s open your Cannect Invest account
Start earning returns with an investment of $2,500 or more. Get set up online and make your first deposit in just a few minutes.
Prospective investors should read the Offering Memorandum which details the risk factors and investment objectives before investing. Mortgage investments are not guaranteed, past performances may not be repeated, and investors may experience a gain or loss. Monthly distributions are not guaranteed and may be adjusted from time to time.
Cannect has retained Meadowbank Asset Management Inc. as agent to verify investor suitability and compliance with eligibility guidelines under the applicable securities laws. Meadowbank is registered as an Exempt Market Dealer in the Provinces of Alberta, Ontario and Quebec.