Message to Investors
Magenta Capital Corporation’s (MCC) unparalleled track record, size and proprietary risk management model make for better tomorrows. The Income Tax Act regulations requires distribution of 100% of audited net income and we have distributed an attractive monthly dividend since 1994. We also offer flexibility as you can hold Magenta Mortgage Investment Corporation (MMIC) shares in your RRSP, TFSA, RRIF, RESP and more.
To learn more about MCC and MMIC, you can sign up for our newsletter by clicking here: Magenta Capital Corporation Investments E-Newsletter.
Fund Name | Magenta Mortgage Investment Corporation |
Strategy | A conservative, short-term mortgage strategy. Residential, primarily first mortgages located in carefully selected Ontario markets. The objective is to preserve capital while generating consistent returns for shareholders. |
Fund Manager | Magenta Capital Corporation |
Launch | June 1, 1994 |
Minimum Subscription | $30,000 |
Eligibility | RRSP, TFSA, RRIF, RESP |
DRIP | Yes |
Auditor | Ernst & Young |
*Past performance may not be indicative of future results. |
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