Amur Capital Management Corporation is a subsidiary of Amur Financial Group registered as an Exempt Market Dealer (EMD). It acts as the capital raising and investor relations arm of its Mortgage Investment Corporation (MIC) funds.
Since 1984, Amur Capital’s MIC funds have consistently delivered strong historical returns to Canadian investors and have never had a negative return, even in the most challenging economic times.
Amur Capital was registered as an EMD in 2019, but the management of Amur Capital and Amur Financial Group have been operating in the mortgage industry for multiple decades. Our oldest fund, Ryan Mortgage Income Fund (now known as Amur Capital Income Fund), was incorporated in 1984. Since then, over $5 billion in mortgages have been arranged and funded.
Our address is Unit 1610 – 400 Burrard St, Vancouver, BC, V6C 3A6
Mortgage investing is a type of alternative investment in which pooled funds from investors are managed by a Mortgage Investment Corporation (MIC) and lent to qualified borrowers in the form of mortgages.
Investors then receive income from the mortgage fees and interest as dividends, which they can redeem as cash or reinvest for further investment growth.
A MIC is a company created specifically for mortgage investments and lending in Canada. For borrowers, MICs are a valuable alternative financing source that can be more flexible than the big banks. For investors, MICs can be a way to invest in a diversified and secured pool of mortgages.
MICs earn revenue from borrowers’ mortgage debt payments. Because MICs are a flow-through investment, all the profits of the MIC are passed on proportionately to all shareholders as dividends.
Mortgage Investment Corporations (MICs) invest in a portfolio of diverse mortgages secured by real-estate assets, which makes them less correlated to the public markets. They offer historically stable returns, making them potentially more suitable for investors seeking steady income.
MIC funds are considered an alternative asset class with a lower correlation to traditional market risks like stocks and bonds. In return, they provide a consistent and reliable income stream with the added security of mortgage collateral.
An investment in our MIC fund offerings is secured by mortgages placed on residential and commercial properties and often by additional security such as personal and corporate guarantees, general security agreements and assignments of material contracts such as insurance policies.
The origination entities for our MIC funds include experienced underwriters in the loan approval process, and the approval for all lending is rigorous. We are confident in our underwriting practices, and while this investment is not guaranteed, we invite you to contact us to determine if the investment suits you.
When you invest in one of Amur Capital’s funds, your money is pooled with other investors’ capital. We use that pool of capital to loan money to select borrowers that fit our lending criteria.
When we lend money, we place a mortgage on the borrower’s property, and the borrower makes payments of interest and principal back to the fund. The mortgaged property acts as the security backing the loans. Also, since we have several mortgages outstanding at any given time, your investment is diversified and not tied to any one borrower.
Our funds then pay 100% of the net income (after all expenses and fees) back to our investors from those mortgages.
MICs typically invest in highly marketable urban and suburban properties across Canada, offering financing to borrowers who have significant equity in real estate but are unable to borrow from traditional funding sources. Our funds receive a consistent stream of high-quality mortgage deal flows from Amur Financial Group’s origination entities, Alpine Credits and Sequence Capital, which employ a stringent underwriting and approval process to ensure quality assets secure the mortgages.
While an investment in mortgages is not guaranteed, we invite you to contact us to determine if the investment is suitable for you.
Amur Capital offers three distinct MIC Funds to suit every investor’s risk appetite: Amur Capital Conservative Income Fund (Fund 1), Amur Capital Income Fund (Fund 2), and Amur Capital High Yield Fund (Fund 3).
Each MIC fund has different goals regarding Return on Investment (ROI) and Loan to Value (LTV), so they appeal to different kinds of investors. While all three funds focus on residential and commercial mortgages, they differ in the types of mortgage assets they hold.
Conservative Income Fund (Fund 1)
Focus: Low LTV; 1st residential mortgages
Income Fund (Fund 2)
Focus: Mix of 1st and 2nd residential mortgages or commercial mortgages
High Yield Fund (Fund 3)
Focus: Small residential mortgages with high LTV
The yield is determined entirely by the performance of the investments in the fund.
Conservative Income Fund (Fund 1)
Target annual yield: 9.00%
Income Fund (Fund 2)
Target annual yield: 11%
High Yield Fund (Fund 3)
Target annual yield: 13%
Investors can initiate a redemption anytime by giving a redemption notice to Amur Capital. Within ninety (90) days after the redemption notice is received, shall Amur Capital redeem the specified shares.
However, mortgage investment funds are not meant for a short-term investment timeline. To take advantage of compounded returns and accelerate the income potential of your investment, our funds are eligible for a Distribution Reinvestment Plan (DRIP), which allows holders of preferred shares to have all cash distributions from the Company automatically reinvested in additional preferred shares.
Please refer to each issuer’s Offering Memorandum for further details.
Our goal at Amur Capital is to provide investors with flexibility and choice. However, please note that we do not offer pre-authorized contributions. All purchases are processed based on the client’s request and are always subject to KYC (Know Your Customer) obligations for each purchase.
If you choose to make monthly contributions to a registered account, please be aware that this may incur fees from the trust company.
Since 1984, Amur Capital’s offerings have never posted a negative return, even during the worst economic climates. Amur Financial Group’s origination entities, Alpine Credits Ltd. and Sequence Capital Ltd., have a pool of carefully selected mortgages due to their rigorous approval process to ensure that no mortgages go into default.
However, in rare circumstances where MICs contend with mortgage defaults, we have set aside a Loss Provision fund to cover potential defaults/ losses.
Enjoy simplicity and stable passive income with Amur Capital’s professionally managed mortgage investment funds.
