For Immediate Release
Toronto, Ontario, May 15, 2013 – First National Mortgage Investment Fund (TSX: FNM.UN) (the “Fund”) today announced its monthly cash distribution of $0.05 per unit for the period May 1 to May 31, 2013. The distribution will be payable on June 14, 2013 to unitholders of record at the close of business on May 31, 2013.
About First National Mortgage Investment Fund
The Fund was created to obtain economic exposure to a diversified portfolio of mortgages originated by First National Financial LP, a wholly owned subsidiary of First National Financial Corporation.
About First National Financial Corporation
First National Financial Corporation (TSX: FN) is the parent company of First National Financial LP, a Canadian-based originator, underwriter and servicer of predominantly prime residential (single-family and multi-unit) and commercial mortgages. With over $68 billion in mortgages under administration, First National is Canada’s largest non-bank originator and underwriter of mortgages and is among the top three in market share in the mortgage broker distribution channel. For more information, please visit www.firstnational.ca.
About Stone Asset Management Limited
Stone Asset Management Limited (“SAM”) manages the Fund. Established in 1999, SAM is an independent, Canadian-owned asset management company that specializes in structuring and managing high quality investment products. Its professionals are well regarded in the Canadian investment community for their disciplined investment process. The Fund’s daily unit price can be found at http://www.stoneco.com/products/first-national/first-national-mortgage-investment-fund
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