Why invest in commercial mortgages?
Enhance yield
Can offer a meaningful yield pick-up over government and investment-grade corporate bonds.Diversify your portfolio
Typically have a favourable risk/return profile and a low correlation to other asset classes like stocks and bonds.Preserve capital
Reduce credit risk as mortgages are tied to tangible and mostly income-producing assets.- Focuses on preserving capital and delivering consistent value-add across varied market environments and cycles.
- Provides breadth and diversification to manage mortgage-specific risk. Underlying funds include PH&N Mortgage Pension Trust, PH&N Conventional Plus Mortgage Fund, PH&N High Yield Mortgage Fund and BlueBay U.S. CMBS Opportunities Fund.
- Applies a quality-biased, long-term approach by investing in mortgages held to maturity.
- Draws on more than 45 years of combined investment experience among the members of our Mortgage Investments team.
- Takes advantage of a robust network of mortgage origination and servicing partners.
Our mortgage investment process
Origination strategy
Focuses on portfolio construction and setting origination guidance.Credit analysis
Drives individual investment decisions. Includes an assessment of property-specific and borrower-specific ESG risk factors.Deal structuring
Mitigates risk through negotiation of individual mortgage terms and structure, unique to each investment decision.Risk management
Takes a proactive approach throughout the life of each mortgage. Data-driven insights inform the team’s origination strategy moving forward.Resources
To learn more about RBC Commercial Mortgage Fund, speak to an advisor.