Neighbourhood Holdings Income Trust I (NHIT) is a mortgage investment entity structured as a pool of mortgages within an income trust. NHIT seeks to provide its investors with stable income while preserving invested capital. This is achieved by investing in a diversified portfolio of primarily variable-rate residential mortgages located in urban and suburban areas across Canada.

Mortgage Investment Entities (“MIE”) are mortgage funds that pool together money from investors to lend to people as mortgages. Each mortgage is secured by a real property such as a house, condo, etc., but the MIE investor doesn't own a piece of that real property. Although MIEs can contain commercial mortgages, NHIT is 100% residential. Like many MIEs, NHIT also has access to a credit facility provided by a syndicate of six financial institutions which also is available to fund mortgages within NHIT.

Directly through NHCM - If you reside in British Columbia, Alberta, Saskatchewan or Manitoba, our team at NHCM can help with any questions and discuss the investment opportunity with you. You can reach out to our NHCM dealing representatives here. We'll connect you with a local registered dealer if you're elsewhere.

Through your Financial Advisor - If you already have a financial advisor, consider discussing your interest in NHIT and how alternative investments align with your investment strategy. We can help with that discussion.

NHIT is intended for investors who are comfortable taking medium risks associated with their investments. Our NHCM team or your own financial advisor, while conducting a suitability assessment will also take into account other elements such as your investment time horizon, overall risk profile and how NHIT aligns with your overall portfolio.

Investors of NHIT have the opportunity to participate as an unitholder in a portfolio of residential mortgages. NHIT is available for registered and non-registered investments. Subscriptions for the purchase of NHIT units must be made in accordance with prospectus exemptions, such as the Accredited Investor exemption. Reliance on other prospectus exemptions are available as well.

No, there is no secondary market available for trading NHIT units. Redemptions can be requested monthly, subject to restrictions and with 90 days’ notice. Investments redeemed prior to the 1 year anniversary are subject to a 4% redemption fee.

We have never refused a redemption. It is important to note that like all MIEs and other alternative investments, redemptions of NHIT units are subject to various restrictions and conditions. See page 18 of the OM for further details. Our NHCM team is also available to discuss.

NHIT is targeting 8 to 10% net yield per annum for Series F units in the current environment. Return differs by NHIT Series. Series A and Series I units returns are reduced by an embedded trailer fee paid to your Dealer. For historical performance, please see NHIT’s Fund Fact Sheet.

Fund performance shown on the Fund Fact Sheet is calculated using a time-weighted methodology and assumes that all distributions are reinvested.

“Net yield” is the return paid to investors after paying for any costs relating to that income such as the management fees and other operational expenses.

Income is distributed to investors each month.

Yes! Investors have the option to enroll in NHIT’s Distribution Reinvestment Plan (“DRIP”) to have their income reinvested into additional units of NHIT each month.

Personalized performance is provided on Investor statements. Statements are distributed monthly and available through the investor portal.

We love transparency; that’s why we release our Monthly Investor Updates to review NHIT’s performance, a review of the portfolio as well as The Chart of the Month that takes a deeper dive into an aspect of the fund we feel investors would appreciate hearing about. If you would like to join our distribution list, please subscribe here.

NHIT invests in a diversified portfolio of primarily (99%) residential first mortgages in urban and suburban areas across Canada, specifically in the provinces of BC, AB, ON, QC, and NS. The rates on these mortgages are variable with a floor, meaning that while the borrowers’ interest rates increase with the bank prime rate, they won’t fall below the specified floor even if the bank rate goes down.

Talk to our NHCM Team or your financial advisor. Prospective investors should read the Offering Memorandum (“OM”) before investing, including the Risk Factors. Please see NHIT’s OM.