A unique fixed-income solution investing in Ontario mortgages
Competency.
Consistency.
Care.®
Frontenac Mortgage Investment Corporation is a well-diversified mortgage pool professionally managed by the team of experts at W.A. Robinson Asset Management Ltd. our mandate is to provide capital preservation with a reasonable return.
About Frontenac
100% of net income distributed monthly

Frontenac offers long-term, reasonable returns on real asset-based investments for those who seek capital preservation. Our value lies in sustainable processes and decisions delivered by an experienced management team.

A unique solution in the MIC space

Offered by prospectus through IIROC financial advisors

  • Accessible to non-accredited investors
  • Not traded on the TSX
  • No leverage (target cash position of +/- 5% of total assets )
  • Historically constant NAV
  • FundSERV code WAR 110/111 (F Class)

Income is generated from interest and principal payments through primarily short-term, residential, mortgages in first position. Prospectus offering creates an ease of trading for advisors and the highest level of disclosure for clients. Over 30 consecutive years of returns exceeding 5%.

 

Risk versus reward

Fund performance
Interest-bearing investment for RRSPs, RRIFs, and TFSAs
Portfolio summary - as at March 31, 2017

Experts in our own backyard.

Gain access to a non-leveraged fund consisting of over 550 mortgages, in first position, in the stable residential real estate market of Ontario.

  •   Eastern Ontario - 83%
  •   Other Ontario - 17%
  •   Toronto - 0.1%

First mortgage priority means more security.

We are residential real estate experts with an affinity for construction and rural properties. Our team intimately understands these opportunities.

  •   Residential - 41.2%
  •   Residential Developments - 31.9%
  •   Residential Construction - 17.2%
  •   Commercial & Vacant Land - 9.7%

Not correlated with equity or interest rate volatility.

Targeting a return matching the Schedule A Bank 5-Year GIC plus 3%, Frontenac endeavours to earn a reasonable return while preserving capital.

  •   < 7.49% - 9.8%
  •   7.5% - 9.49% - 40.1%
  •   9.5% - 11.49% - 35.7%
  •   11.5% - 12.5% - 14.4%

Short-term loans provide interest rate control.

The short-term nature of our loans help to mitigate interest-rate risk.

  •   < 1 year - 95.2%
  •   1.1 - 2 years - 4%
  •   > 2.1 years - 0.8%
From our CEO

“Frontenac Mortgage Investment Corporation investors have been enjoying stable and positive returns since 1983 and we expect the same results moving forward. Our competitive advantage is our people. We have a strong team of true professionals who build trust with our business partners each day."

"Fixed-income products with a decent return are difficult to find without substantially increasing the risk profile. Frontenac has been an attractive investment alternative to the traditional investment choices because of its stable price over the history of the fund and the low correlation between interest rates and the return."

"This investment is unique both in its strategy and its story.”

~ Matthew Robinson

2016 AGM

Our 2016 AGM was held at the Canadian Museum of History, in Gatineau, Quebec.