Magenta Mortgage Investment Corporation
Managed by Magenta Capital Corporation
Data as of: May 31, 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
$459M CAD
2025 return
7.58%
LTV
69.4%
First mortgages
89.3%
About Magenta Mortgage Investment Corporation
Magenta MIC is an Ontario-focused residential mortgage investment corporation that lends exclusively within Ontario to borrowers who fall outside conventional bank criteria, sourced through Magenta's broker network. The portfolio is approximately 89% first mortgages at a weighted-average loan-to-value near 69%, and held about $459 million in assets. It delivered net returns of roughly 7.91% (2023), 8.60% (2024) and 7.58% (2025), pays monthly distributions, and its shares are eligible for registered accounts (RRSP, TFSA), with a $30,000 minimum investment.
The fund reports approximately $459M CAD in assets.
Most of the portfolio is in first mortgages, with some subordinate exposure.
The latest annual return declined from 8.6% in 2024 to 7.58% in 2025.
The portfolio is concentrated in Residential mortgages.
The portfolio is highly concentrated in Ontario.
At a glance
| Assets under management (AUM) | $459M CAD |
| 2025 return | 7.58% |
| Overall LTV | 69.4% |
| First mortgages (as a % of the portfolio) | 89.3% |
| Property focus | Residential (100%) |
| Structure | Private Corporation (MIC) |
| Investor access | Available to individual investors |
Magenta Mortgage Investment Corporation portfolio and performance
The portfolio is composed of residential mortgages (100%).
| Property Type | Share (%) |
| Residential | 100% |
Magenta Mortgage Investment Corporation has a focus on Ontario, with 100% of its mortgages located in Ontario.
| Province/Region | Share (%) |
| Ontario | 100% |
Magenta Mortgage Investment Corporation returns
| Calendar year | Net return |
| 2023 | 7.91% |
| 2024 | 8.6% |
| 2025 | 7.58% |
Magenta Mortgage Investment Corporation facts
Fund structure
| Structure | Private Corporation (MIC) |
| Manager | Magenta Capital Corporation |
| Series | F |
| Latest data | May 31, 2026 |
Mortgage portfolio
| First mortgages | 89.3% |
| Overall LTV | 69.4% |
| 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 | None disclosed |
| Performance fee | None disclosed |
Additional fund details
Portfolio figures are as of May 31, 2026. Returns shown are Series F annual returns for fiscal years ending October 31. The fund’s current annualized distribution rate is 7.11%. Leverage was last publicly verified in the March 2023 offering memorandum, and more recent facility terms were not identified. The maximum 2.975% general-partner priority distribution disclosed in that document is not classified as a management fee.
Who can invest in Magenta Mortgage Investment Corporation?
Available to individual investors
This fund is available to individual investors.
The minimum investment amount for accredited investors is $30,000.
The minimum investment amount through an advisor or dealer is $30,000.
About Magenta Capital Corporation
Magenta Mortgage Investment Corporation is a private Ontario MIC investing in short-term residential first and second mortgages. Its lending focuses on borrowers who fall outside conventional bank underwriting criteria, with mortgages sourced through Magenta’s broker network. The fund distributes income monthly and its shares are eligible for registered and non-registered accounts.
Frequently asked questions
It invests in residential mortgages.
The fund reports a weighted-average LTV of 69.4%.
Yes. It is available to individual investors.
The fund is managed by Magenta Capital Corporation.
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