Providus Mortgage Investment Corporation aims higher. We seek higher rates through 1st and 2nd mortgages and other financing structures, while reducing risk through diversification, detailed diligence procedures, and strict underwriting criteria.
By purchasing shares in Providus Canadian MIC, you participate in a diversified pool of high interest loans that are professionally screened for quality and security.
Since our inception in 2013, we have returned an average compound rate of return of over 8.00% per year to our investors. See our FAQ for more details.
Performance
Since our inception in April 2013, an investment in Providus MIC has significantly outperformed Government of Canada 10-year bonds, and has matched the TSX Composite Index – without all the volatility.
An investment of $10,000 in Providus MIC at inception would be worth $21,415 at the end of 2022.
All figures are as of December 31, 2022, and include reinvestment of all interest and dividends. PMIC rates of return over the last:
1 year: 6.14%, 3 years: 6.16%, 5 years: 8.01%, since inception 8.17%.
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RETURNS.
Start Investing
Providus issues investment products on a private placement basis through registered investment dealers.
Contact us for a copy of our offering memorandum and then ask your investment advisor about next steps.
Don’t have an advisor? Contact us for more information.