Eclipse Residential Mortgage Investment Corp. (TSX: ERM)

  • Proven investment strategy has generated growth in dividends and book value per share
  • Single family, owner-occupied residential mortgage portfolio secured by homes in liquid urban centres across Canada
  • Over 800 mortgages, diversified by term and property location
  • Short-duration portfolio offers protection in a rising interest rate environment while providing the opportunity for increased income
  • Attractive dividends: 7.9% current dividend rate1

Annual Compound Returns(2) 1-Year 3-Year Since Inception(3)
Eclipse Residential Mortgage Investment Corp. (TSX: ERM) 7.9% 8.7% 8.0%
FTSE TMX Canada Short Bond Index (0.8%) 0.7% 1.7%

Mortgages sourced by MCAP: A Leading Mortgage Lender

  • Originates, underwrites and services residential and commercial mortgages
  • Manages approximately $67 billion in mortgages on behalf of banks, lifecos, credit unions and institutional investors
  • Approximately $54 billion in single family residential mortgages
  • Annual mortgage originations of ~$14 billion
  • Over 700 professionals in 9 offices across Canada


(1) Source: Thomson Reuters as at May 31, 2018; (2) Returns are for the periods ended May 31, 2018. Source: Brompton, Thomson Reuters. (3) Inception date June 28, 2013; This may contain forward-looking statements including statements relating to the payment of any dividend or other distribution. Dividends are declared from time to time by the Board, acting in its sole discretion and there can be no assurance that the Corporation will make any dividends in any particular period. Assumptions used to develop forward-looking statements include assumptions related to: payment of any dividend or other distribution, the ability of Eclipse to continue to qualify as a mortgage investment corporation under the Income Tax Act (Canada), and the impact of recent regulatory changes on the Canadian mortgage market and Eclipse. Forward-looking statements involve risks that may cause actual results or events to differ materially from those anticipated, including the risks described under the heading “Risk Factors” in Eclipse’s most recent Annual Information Form filed on Eclipse’s SEDAR profile at www.sedar.com. Although Eclipse believes the expectations reflected in the forward-looking statements are reasonable, no assurance can be given that actual results will be consistent with these expectations and forward-looking statements. Potential investors should not place undue reliance on forward-looking statements.