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KV Annual Report 2014

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ANNUAL REPORT LEADING THE INDUSTRY KV Mortgage Fund is one of the first exempt market issuers to establish a board of directors and lending review committee that are independent of management. Our commitment to strong corporate governance is a tangible expression of the importance we place on making KV Mortgage Fund accountable and transparent to investors. It is a privilege to manage the capital that investors have entrusted to us and a responsibility that we take seriously. Independent oversight of the Fund's operations, the performance of management, and the mortgage portfolio is a best practice designed to provide investors confidence that the interests of KV Mortgage Fund are protected. 2

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