The investment objective is to earn as high a level of income as is compatible with reasonable protection of invested capital through investing in mortgages. Monies held pending investment in mortgages or to meet liquidity requirements may be invested in debt securities. The fund is limited to mortgages which meet the following criteria: each mortgage must be a first mortgage on real estate located in Canada, and each mortgage must not exceed 75% of the appraised value of the mortgaged property unless either, the mortgage is government insured or guaranteed; or the excess over 75% is insured by a licensed insurance company.
James Dutkiewicz (Started: Nov 1, 2002)
Paul Simon (Started: Nov 1, 2002)
Signature Global Advisors
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416 364 6299 (Fax)