Balanced Fund.
Residential mortgage investing.
Low loan-to-value first and second residential mortgages in strong, stable urban markets across Ontario. The package describes capital preservation and diversification, with a portfolio LTV objective of 65%.
8.30%
Package illustration with dividend reinvestment. Forward-looking, not verified historical performance or a guarantee.
Understand your investment.
A professionally managed mortgage portfolio.
Low loan-to-value first and second residential mortgages in strong, stable urban markets across Ontario. The package describes capital preservation and diversification, with a portfolio LTV objective of 65%.
The package emphasizes residential properties, owner-occupied homes, major urban centres, underwriting, property valuations and borrower exit strategies. Real property security and diversification aim to manage risk; they do not assure repayment.
Prosperity describes a first-right-of-refusal relationship with Burke Financial for mortgage opportunities and experienced underwriting and administration.
Income, access and important terms.
Returns and reinvestment
The October 2026 package describes a fixed annual ROI of 8%, paid monthly, and a designed net annual return of 8.30% with DRIP. These are the package’s stated return terms and forward-looking illustrations, not independently verified historical results. Actual returns may differ and are not guaranteed. DRIP reinvests cash dividends in additional shares; the with-DRIP figure is not an additional cash distribution rate.
Distributions
The comparison chart and “How Does It Work?” section specify monthly distributions. A separate highlights section mentions monthly or quarterly payouts. Confirm the applicable distribution schedule and DRIP terms in the current offering documents.
Minimum investment and shares
The stated minimum is $25,000. The package describes $1 of preferred shares for each $1 invested. A stated issue price is not a guarantee of capital value or redemption proceeds.
Investor and account eligibility
Investment is subject to the investor qualifying. Cash and registered funds through a qualified trustee are described. The package lists RRSP, TFSA, RESP, RRIF and LIRA eligibility. Confirm your eligibility, trustee requirements and current account availability before investing; the package does not specify detailed qualification criteria.
Fees
The package states 0% management fees for investors and describes net returns as interest and fee revenue less expenses. It does not provide a complete schedule of operating expenses, trustee costs, transaction fees or redemption charges. Request the current offering documents for all applicable costs.
Investment term and redemptions
The comparison table lists a 12-month investment term. The package says the MIC maintains cash for principal redemptions in a given year, but does not specify notice periods, early redemption rights, charges, payment deadlines, gates or suspension provisions. A 12-month term does not establish guaranteed liquidity or automatic repayment. Obtain the current redemption policy before investing.
Risk management and investment risks
The package describes diversification, mortgage underwriting, professional property valuations, cash management and a loan-loss reserve. Its stated single-loan limit of 10% applies once the mortgage portfolio exceeds $5 million. These measures cannot eliminate loss.
Mortgage investing involves borrower default, property value and recovery risk, and limited liquidity. Second mortgages rank behind first mortgages in repayment priority. Principal, distributions and redemptions are not guaranteed. The package’s statements about low risk and stable share values should not be read as capital protection. Consult the Offering Memorandum’s Risk Factors for a complete description.
Source qualifications
The comparison table reports average LTV of 53.67% as of October 2026; the strategy section describes 65% or less and a weighted-average objective of 65%. A reported snapshot and a portfolio objective are different measures.
The PDFs contain illustrative ten-year growth charts, not an identified historical performance series. No historical track record is asserted on this page. Third-party product comparisons and tax claims have not been reproduced.
Read the original package
October 2026 · Preferred Shares Class A
Information only, not an offer to sell securities or financial, legal, accounting or tax advice. No securities regulatory authority has assessed the merits of these securities. The package includes forward-looking statements. Review current offering documents and consult qualified independent advisors.