Hosper MIC Balanced Fund
Managed by Hosper Mortgage Administration Inc.
Data as of: June 30, 2026 · View latest fund facts
This review is compiled by WOWA for informational purposes only and is not investment advice, an offer, or a solicitation. Figures are drawn from the manager's published materials as of the dates shown and may change. Returns are historical and do not guarantee future results. Verify all details with the manager or a licensed advisor before investing.
AUM
$143M CAD
2025 return
8.54%
LTV
61.1%
Management fee
0%
About Hosper MIC Balanced Fund
Launched in October 2018, the Hosper MIC Balanced Fund (Class A) is a mortgage investment corporation holding a diversified portfolio of primarily residential mortgages across Ontario. As of June 30, 2026, the fund reported approximately $143.4 million in assets under management across 476 active loans, with a weighted average LTV of 61.06%. The portfolio consisted of 80.02% first mortgages, 18.99% second mortgages, and 0.99% third mortgages, while 99.4% of its security exposure was residential. The fund returned 8.54% on a cash-distribution basis and 8.89% with dividends reinvested in 2025. It pays monthly dividends, has a $60,000 minimum investment, and is eligible for registered plans.
The fund reports approximately $143M CAD in assets.
Most of the portfolio is in first mortgages, with some subordinate exposure.
The portfolio is concentrated in Residential mortgages.
The portfolio is highly concentrated in Ontario.
At a glance
| Assets under management (AUM) | $143M CAD |
| 2025 return | 8.54% |
| Overall LTV | 61.1% |
| First mortgages (as a % of the portfolio) | 80% |
| Property focus | Residential (99%) |
| Structure | Private Corporation (MIC) |
| Investor access | Available to individual investors |
Hosper MIC Balanced Fund portfolio and performance
The portfolio is composed of residential mortgages (99%).
| Property Type | Share (%) |
| Residential | 99% |
Hosper MIC Balanced Fund has a focus on Ontario, with 100% of its mortgages located in Ontario.
| Province/Region | Share (%) |
| Ontario | 100% |
Hosper MIC Balanced Fund returns
| Calendar year | Net return |
| 2023 | 8.61% |
| 2024 | 9.01% |
| 2025 | 8.54% |
Return objective (2026)
Hosper MIC Balanced Fund has a target return of 8% for 2026.
Hosper MIC Balanced Fund facts
Fund structure
| Structure | Private Corporation (MIC) |
| Manager | Hosper Mortgage Administration Inc. |
| Series | A |
| Latest data | June 30, 2026 |
Mortgage portfolio
| First mortgages | 80% |
| Overall LTV | 61.1% |
| Property focus | Residential |
| Leverage | Yes, the fund uses leverage. This means the fund borrows additional money and combines it with investor capital to fund more mortgages. Leverage can increase returns when the portfolio performs well, but it also adds interest costs and can magnify losses. |
Fees
| Management fee | 0% |
| Performance fee | None disclosed |
Who can invest in Hosper MIC Balanced Fund?
Available to individual investors
This fund is available to individual investors.
The minimum investment amount for accredited investors is $60,000.
The minimum investment amount through an advisor or dealer is $60,000.
About Hosper Mortgage Administration Inc.
Established in 2016 and headquartered in Toronto, Ontario, Hosper Mortgage Administration Inc. serves as the fund manager for Hosper MIC. The firm administers short-term alternative financing solutions by structuring mortgage loans funded by investor capital. Its internal administration team manages the credit adjudication process, handles ongoing loan servicing throughout the mortgage term, and coordinates directly with originators and mortgage brokerages to monitor portfolio risk.
Frequently asked questions
It invests in residential mortgages.
The fund reports a weighted-average LTV of 61.1%.
Yes. It is available to individual investors.
The fund is managed by Hosper Mortgage Administration Inc..
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