Clifton Blake Mortgage Income Fund Trust
Trust
Managed by CBMIFT Manager Ltd.
Data as of: December 31, 2025
This review is compiled by WOWA for informational purposes only and is not investment advice, an offer, or a solicitation. Figures are drawn from the manager's published materials as of the dates shown and may change. Returns are historical and do not guarantee future results. Verify all details with the manager or a licensed advisor before investing.
About the fund
Clifton Blake Mortgage Income Fund Trust (CBMIFT) is a Toronto-based trust providing short-duration first-position mortgage financing for commercial and multi-residential projects in the Greater Toronto Area and southern Ontario. The fund reported a 2024 net return of 9.48% and a 2025 net return of 8.78% on approximately $261 million in AUM. Quarterly redemptions are available with a $25,000 minimum investment through a registered financial advisor.
At a glance
| Assets under management (AUM) | $261M CAD |
| 2025 return | 8.78% |
| Overall LTV | 54.7% |
| First mortgages | 88.6% |
| Structure | Trust |
| Investor access | Available to individual investors |
Portfolio & performance
The portfolio is composed of is composed of residential mortgages (28%); it also is composed mainly of commercial mortgages.
Clifton Blake Mortgage Income Fund Trust has a focus on Ontario, with 100% of its mortgages located in Ontario.
| Province/Region | Share (%) |
| Ontario | 100% |
Clifton Blake Mortgage Income Fund Trust returns
| Calendar year | Net return |
| 2023 | 9.75% |
| 2024 | 9.48% |
| 2025 | 8.78% |
Return objective (2026)
Clifton Blake Mortgage Income Fund Trust has a target return of 7.25% for 2026.
Fund facts
| Structure | Trust |
| Managed by | CBMIFT Manager Ltd. |
| Management fee | 1% |
| Performance fee | 20% over Hurdle Rate (7.25%) |
| First mortgages | 88.6% |
| Leverage | Leveraged |
| Latest data | December 31, 2025 |
Investor access
Available to individual investors
This fund is available to individual investors.
The minimum investment amount through an advisor or dealer is $25,000.
About the manager
CBMIFT Manager Ltd. is the manager of Clifton Blake Mortgage Income Fund Trust and operates within Clifton Blake’s Toronto-based integrated real estate platform. The mortgage team originates, underwrites and manages short-duration commercial and multi-residential real estate loans in the Greater Toronto Area and southern Ontario. Clifton Blake Partner Gaetano Coscia oversees the mortgage-fund strategy, including origination, underwriting and structuring.
Disclaimer:
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