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Northern Star Mortgage Fund
Information by Research TrustFinance
Northern Star Mortgage Fund operates as a Mortgage Investment Corporation (MIC), pooling capital from accredited investors to fund a portfolio of first and second residential and commercial mortgages. The fund's primary objective is to preserve investor capital while generating a consistent and attractive income stream, which is distributed to investors as dividends. Managed by Northern Star Mortgages Inc., the fund focuses on carefully underwritten mortgages primarily within the province of Ontario, aiming to provide a stable investment alternative to traditional equity and fixed-income markets.
United States
Industry
Financial