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 nearly 9 years we have managed investor capital with integrity, as if it were that of our family and friends and, indeed, much of it is. Our track record has been perfect, and we will continue to strive to meet this standard and your expectations. We thank all investors for their ongoing loyalty, confidence and support.
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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 nearly 9 years we have managed investor capital with integrity, as if it were that of our family and friends and, indeed, much of it is. Our track record has been perfect, and we will continue to strive to meet this standard and your expectations. We thank all investors for their ongoing loyalty, confidence and support.

Our Investment Committee

Jonah M. Bonn

Principal | First Bay Properties Inc.

Nicholas T. Macos

Partner | Black, Sutherland LLP

David Goldstein

Advisor

Jonah M. Bonn

Principal | First Bay Properties

Nicholas T. Macos

Partner | Black, Sutherland LLP

David Goldstein

Advisor

18 years of operation and counting
Financing an average of 94.13 loans per year
Licensed with FSCO 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 FSCO 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 FSCO 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 Distributions per Unit
2017 $0.993 $0.087
2016 $1.001 $0.073
2015 $1.010 $0.081
2014 $1.010 $0.082
2013 $1.000 $0.081
2012 $1.000 $0.085
2011 $1.000 $0.084
2010 $1.000 $0.090
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 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.

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Get stable and consistent returns with Owemanco’s Mortgage Trust

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