How to earn passive income through mortgage fund investing
Alex Leduc, CFA and CEO of Perch Capital, is making the alternative investment class of mortgage investing more accessible to retail investors. Mortgage investments are an alternative investment that have been around since 1973, and Canadians have poured billions into mortgage investment corporations (MICs) for decades. Investing in a MIC can generate passive income through monthly dividends, and provides great risk-adjusted returns and can be a strong addition to most portfolios. Perch Capital is a mortgage investment corporation that holds a portfolio of residential mortgage loans with the objective of preserving capital and generating stable returns to shareholders.