Hera Investment Funds Inc. is a mortgage investment corporation or “MIC” as defined by Section 130.1 of the Income Tax Act. A MIC is a company organized to allow individuals to invest in a pool of diversified and secured mortgages. Earnings are distributed quarterly by way of dividends but are treated in the hands of the shareholders as interest income. Provided the company maintains its status as a MIC, it will pay no corporate income tax on normal revenues.
Hera Investment Funds Inc. is a fully integrated mortgage lending company, that provides alternative investment choices which are Registered Retirement Savings Plan (RRSP), Registered Retirement Income Fund (RRIF), Registered Education Savings Plan (RESP), and Tax-Free Savings Account (TFSA) eligible.
Hera Investment Funds commented its operation in 2014. The corporation principals and management are experienced in sourcing, underwriting, and managing mortgages secured by both residential and commercial real estate. Over the years of operation, Hera Investment Funds Inc. has delivered balanced and reliable returns to its investors. We are proud to enjoy the trust and confidence of our investors and always welcome new investors to join our fund.
Hera Investment Funds is in compliance with BC Financial Services Authority’s legislation and regulation for lending activities. Hera Investment Funds is in compliance with British Columbia Securities Commission’s legislation and regulation for capital raising and investment marketing
Minimum Investment: $50,000 CAD (non-registered accounts), $10,000 CAD (registered accounts)
Dividend Distribution: On the 10th day in the first month of each quarter.
How to Invest: Please call our office at 604-770-0190 or send us an email: email@example.com
Resources for Investors:
Link to: Income Tax Act, Section 130: https://laws-lois.justice.gc.ca/eng/acts/I-3.3/section-130.1.html