Absolute Returns. Impeccable service.
The objective of the Trust is to provide stable and secure cash distributions of income while preserving net assets attributable to holders of trust units. Our mandate is to seek returns commensurate with risk. For 10 years we have managed investor capital with integrity, as if it were that of our family and friends and, indeed, much of it is. We thank all investors for their ongoing loyalty, confidence and support.
Our Investment Committee
Jonah M. Bonn
Principal | First Bay Properties Inc.
Morris Kansun
CEO | Sierra Building Group
David Goldstein
Advisor
Jonah M. Bonn
Principal | First Bay Properties
Morris Kansun
CEO | Sierra Building Group
David Goldstein
Advisor
18 years of operation and counting
Financing an average of 94.13 loans per year
Licensed with FSRA as a loan administrator and mortgage brokerage
6463 transactions and counting
Over $200 million in Assets Under Management
We lend to clients in Ontario and Urban Centers of the USA
18 years of operation & counting
6463 transactions and counting
Financing an average of 94.13 loans per year
Over $200 million in Assets Under Management
Licensed with FSRA as a loan administrator and mortgage brokerage
We lend to clients in Ontario and Urban Centers of the USA
18 years of operation and counting
Financing an average of 94.13 loans per year
Licensed with FSRA as a loan administrator and mortgage brokerage
6463 transactions and counting
Over $200 million in Assets Under Management
We lend to clients in Ontario and Urban Centers of the USA
Performance of the Trust
| Year | Net Asset Value per Unit | Net Cash Distributions per Unit |
|---|---|---|
| 2018 | $0.996 | 8.4% |
| 2017 | $0.993 | 7.4% |
| 2016 | $1.001 | 7.5% |
| 2015 | $1.010 | 8.1% |
| 2014 | $1.010 | 8.2% |
| 2013 | $1.000 | 8.4% |
| 2012 | $1.000 | 8.5% |
| 2011 | $1.000 | 8.0% |
| 2010 | $1.000 | 9.0% |
| Year | Net Asset Value/Unit |
|---|---|
| 2017 | $0.993 |
| 2016 | $1.001 |
| 2015 | $1.010 |
| 2014 | $1.010 |
| 2013 | $1.000 |
| 2012 | $1.000 |
| 2011 | $1.000 |
| 2010 | $1.000 |
| Year | Net Cash Distributions per Unit |
|---|---|
| 2017 | $0.087 |
| 2016 | $0.073 |
| 2015 | $0.081 |
| 2014 | $0.082 |
| 2013 | $0.081 |
| 2012 | $0.085 |
| 2011 | $0.084 |
| 2010 | $0.090 |
Net Asset Value per Unit
Net asset value per unit is calculated as Total Assets minus Total Liabilities allocated to outstanding Trust units. This figure is expressed as a per dollar amount and represents the market value of a single unit of the Fund.
Distributions per Unit
The Trust makes distributions to the unit holders on the 15th day of each month, give or take a day. The Trust’s Indenture requires that the Trust will distribute 100% of the net earnings to the unit holders, in accordance with the Income Tax Act of Canada.
Invest With Us
Get stable and consistent returns with Owemanco’s Mortgage Trust
We have retained Belco Private Capital Inc. as our exempt market dealer. Interested investors should contact Elijah Minler at Belco
Invest In Us
Get stable and consistent returns Owemanco’s Mortgage Trust
We have retained Belco Private Capital Inc. as our exempt market dealer. Interested investors should contact Elijah Minler at Belco