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What is it?
SMIC Elite Income Fund – Class B Preferred Shares is a professionally managed mortgage investment fund offered by Sagewise Mortgage Investment Corporation (SMIC). It gives investors diversified exposure to Canadian real estate, primarily through higher-yield mortgage lending across Ontario, Alberta, and Quebec.It’s ideal for investors seeking monthly income and are comfortable with a moderately higher risk-return profile compared to Class A. Designed for those with a long-term investment horizon.
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