Moskowitz Capital Mortgage Fund Returns 8.5% in Q2 2012

Moskowitz Capital Management Inc., the fund manager, is pleased to report strong performance in Q2 fiscal 2012 ending December 31, 2011, delivering a dividend return of 8.5% to investors of Moskowitz Capital Mortgage Fund II Inc. (“Fund”).

Fund's Performance
Returns are shown on a net (after all fees & expenses, cash on cash) annualized basis in percentage (%)

"After another consistent quarter, I am proud to report that since inception of Fund, we have returned 9.9% per annum (after all fees & expenses), while over the same time period, the S&P 500 and S&P/TSX have gained only 0.5% and 1.1% per annum, respectively. Last quarter we provided an 8.5% cash on cash return, which in today’s low interest rate environment has substantially boosted our investors' retirement income." says Brian Moskowitz, President of Moskowitz Capital. "Our portfolio of primarily first mortgages is secured by real estate in the provinces still considered to have affordable housing, according to RBC’s November 2011 Housing Trends and Affordability paper."

About Moskowitz Capital
Moskowitz Capital originates, underwrites and manages its on balance sheet mortgage investments, specializing in alternative mortgage lending to niche markets in the Atlantic provinces, Ontario and Saskatchewan. With expertise in mortgage banking, and a commitment to professionalism and ethical conduct, Moskowitz Capital manages an RRSP eligible mortgage fund on behalf of accredited investors seeking superior cash on cash returns and capital preservation. Moskowitz Capital Management Inc. is a licensed Mortgage Administrator by the Financial Services Commission of Ontario.

For information on our loan program, please go to: Moskowitz Capital Loan Program