Frequently Asked Questions

To begin investing with Sunrise MIC, our Exempt Market Dealer will assess your qualifications to ensure the investment aligns with your financial status, age, and knowledge. If you qualify, you can choose to invest individually, through a corporation, or via registered plans like a TFSA or RRSP.

Sunrise MIC primarily invests in residential mortgage loans within Ontario. Our portfolio includes both 1st and 2nd mortgages. We offer one-year terms, with renewals available at our discretion.

You can invest in Sunrise MIC with non-registered funds. Additionally, we accept investments through the following registered plans. Accounts will be set up with Olympic Trust:

• Registered Retirement Savings Plan (RRSP)
• Registered Retirement Income Fund (RRIF)
• Registered Education Savings Plan (RESP)
• Tax-Free Savings Account (TFSA)

Anticipated rate of return is estimated to be up to 8.5%

The minimum investment amount is $10,000, subject to eligibility.
Investments over $150,000 need an Accredited Investor Certificate.

We emphasize long-term mortgage investing. We recommend a minimum 5-year investment plan to maximize and secure your dividend returns. For details on redemption rights, please refer to our Offering Memorandum

Shareholders can request redemption of any or all outstanding shares
monthly, with 30 days’ advance notice. Shares are subject to early termination
fees if redeemed within the first two years from the subscription date. Please
refer to our Offering Memorandum

• Diversification: MICs pool funds from multiple investors, offering diversified investment opportunities.
• Professional Management: Our team of experienced mortgage professionals ensures expert management and underwriting of mortgage loans.
• Accessibility: Investing in a MIC provides access to real estate investments without needing direct property investment resources or expertise.
• Security: We invest in mortgages secured by real estate, offering a level of security through collateral.
• Additional Income: Investors can generate extra income from interest payments

Investing in a MIC involves risks such as mortgage default risk, interest rate risk, liquidity risk, and market fluctuations. It’s crucial to assess your investment objectives and risk tolerance and seek professional advice before investing. Our experienced team at Sunrise carefully underwrites each application to manage risks effectively, leveraging our 20 years of experience to navigate uncertainties.

Sunrise MIC offers a Dividend Reinvestment Plan (DRIP) to help investors
compound their returns monthly. For example:

• Without DRIP: $100,000 principal with an 8.5% annual return over 10
  years grows to $185,000.
• With DRIP: $100,000 principal with an 8.5% annual return over 10 years grows to $233,265.00, adding an extra $48,265.

*This is for demonstration purpose, does note reflect actual return.

Our DRIP feature allows you to maximize your earnings without increasing your initial investment.