Antrim Investments has been in the alternative mortgage space for more than 45 years, becoming Canada’s largest asset manager of residential private mortgages — and their Antrim Balanced Mortgage Fund is a key part of this legacy.
Containing more than 1,700 residential mortgage loans to provide low volatility and attractive returns to its shareholders, the fund allows quarterly distributions in cash or preferred shares with an average return in the F category of approximately 6%.
It’s a tempting prospect — but how does a mortgage fund actually earn 6%? Is your investment safe? And what happens when interest rises?