first mortgage trust

First Mortgage Trust (FMT) is an open-ended investment trust. FMT's objective is to focus on preserving capital and delivering monthly returns to investors by investing only in the limited partnership units of First Mortgage LP (FMLP), which in turn invests in a portfolio of residential first mortgage loans to prime and super prime borrowers.

overview

Investor Inquiries

features & investment terms

minimum investment
$1,000

DRIP available

Yes

fundSERV code
MCA301 (Class F)

inception

2021

distributions

Monthly

registered plans
RRIF, TFSA, RESP,

RDSP, RRSP and DPSP

governance structure

Third Party Trustee

TSX Trust Company

Administrator

Capital Asset Lending Inc.