Statement of Investment Portfolio
As at February 28, 2014
% Amortized cost Fair value Carrying value
Mortgage loan investments 97.0 $ 37,067,774 $ 37,067,774 $ 37,067,774
Cash and other net assets 3.0 1,145,002
Net assets 100.0 $ 38,212,776
Mortgage and loan portfolio summary:
Interest rate
Number of
mortgages
and loans
Amortized cost
and fair value
Less than or equal to 8.24% 1 $ 762,478
8.75% to 8.99% 1 1,175,000
9.75% to 9.99% 2 4,525,000
10.00% to 10.24% 3 3,053,000
10.25% to 10.49% 1 1,610,000
10.50% to 10.74% 9 4,504,772
10.75% to 10.99% 10 10,902,969
11.00% to 11.24% 7 4,009,652
11.50% to 11.74% 2 4,074,796
11.75% to 11.99% 1 579,930
12.00% to 12.24% 1 1,050,000
12.75% to 12.99% 1 750,000
Equal to or greater than 13.50% 1 70,177
40 $ 37,067,774
Note: All mortgages are conventional uninsured mortgages that allow for pre-payment by the borrower and may be subject
to interest penalties.
See accompanying notes to consolidated financial statements.
41
