Brompton Group


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Update Call with MCAP (Sept. 2014): listen now


  • Portfolio will initially be 100% Single Family Residential Mortgages (minimum 80%)
  • Diversification: Over 850 mortgages, diversified by term and property location
  • Liquidity: Underlying properties are expected to be highly saleable homes in major urban centres
  • Low Duration: Focus on mortgages with terms of up to 3 years

Mortgage Consultant & Mortgage Services Provider
MCAP Financial Corp.

  • One of Canada’s largest non-bank lenders with over 20 years of experience underwriting and servicing Single Family Residential Mortgages
  • MCAP manages over $36 billion in mortgages for banks, lifecos, credit unions and institutional investors; approximately $9 billion of mortgage originations per year
  • Principal owners: Caisse de dépôt et placement du Quebec (one of Canada’s largest pension fund managers) and MCAN Mortgage Corporation (TSX: MKP)
  • MCAP’s Competitive Advantage: Proprietary lending and servicing systems, extensive underwriting expertise, deep broker network & funding sources
  • MCAP will originate and service all mortgages for Eclipse Residential MIC

Management Fee & Mortgage Servicing Fee
Total management fee and mortgage servicing fee of 1.35% of net asset value per annum

Strong Corporate Governance
Managed by Brompton Funds Limited

TSX listing
Annual redemptions (commencing December 2014)
Market repurchases (issuer bid)



NAV (Feb 26, 2015)


Monthly Distribution (Mar 31, 2015)


Closing Price (Feb 27, 2015)


Current Yield (Feb 27, 2015)


Total Assets (Jan 31, 2015)

$38 million

Portfolio Composition
Portfolio Summary
Investor Brochure