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Article: ACM Commercial Mortgage Fund Reports $9.9 Million Growth in the Third Quarter of 2009.
- Article from:
- Marketwire Canada
- Article date:
- October 15, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Oct 15, 2009 (Marketwire via COMTEX) -- The ACM Commercial Mortgage Fund grew 16.5% in net subscriptions, representing $9.9 million for the three months ended September 30, 2009, to achieve over $55 million in total assets. The portfolio manager has funded or committed to fund $18 million in excellent quality conservative new investments during this period. (FundSERV: "MOR120", "MOR130", "MOR140", "MOR150", and "MOR160" / respectively Classes F, B, C, D, and E)
Highlights:
-- Yield Premium: Monthly Net Distributions of 6.00% p.a. (Class F units)
and 5.55% p.a. (Class B/C/D/E units)
-- Capital Protection: Stable Net ...