Your Investment, Your Allocation, Your Choice

■ Allocation between the “pure play” First Mortgage Income Fund and Second Mortgage Trusts allows investors the flexibility to increase returns and balance risk appetite.

■ PrivateInvest’s point of difference is that it does not have subordinated debt in the PrivateInvest First Mortgage Income Fund (Pooled Fund) to increase investment returns. Subordinated debt in the First Mortgage Income Fund increases the underlying risk to investors and ultimately, the investor loses control of the allocation between first and second mortgage debt.

■ PrivateInvest provides investors the options to invest in second mortgage products alongside the PrivateInvest First Mortgage Income Fund by allocation between the two investment products.

Your Investment, Your Allocation, Your Choice.

First Mortgage Assumed Target Returns: 8.50% p.a. post fees and expenses. Second Mortgage Assumed Target Returns: 18.00% p.a. post fees and expenses.

An investor placing an allocation of 90% in the First Mortgage Income Fund and 10% in the Second Mortgage Trust would receive an aggregate return of 9.45% per annum, post fees and expenses. It is not unusual to see first mortgage funds by PrivateInvest competitors have subordinated debt in their Fund on a 75% first / 25% second basis but still produce similar returns to the current PrivateInvest First Mortgage Income Fund which is a “pure play” first mortgage only.