Cash on cash return to investors shown as percentage.
Quarterly returns presented on an annualized basis.
Fiscal year-end is June 30.
- Target returns, net of fees: Prime rate plus 4%
- Investment objective: Preservation of capital
- Security: A pool of primarily first (98%) mortgages
- Diversification: Investment is spread across a pool of mortgages
- Regional Bias: 64% in Atlantic Canada and Saskatchewan
- Property Type: 58% Residential / 42% Commercial
- Weighted Average Loan to Value: 57%
- Tax status: RRSP, RESP eligible, No double taxation
- Dividend Paid: Quarterly
- Fund Manager: Brian Moskowitz, Moskowitz Capital Management Inc.