Investment Objective

The fundamental investment objective of the Fund is to achieve a stable level of current income while also seeking to preserve capital. The Fund primarily invests in private operating entities wherein generally the intent is for a Fund representative to be actively involved in the management of the issuer or a specific project that the Fund is investing in. Some types of investments include, but are not limited to, loans secured by mortgages on real property and/or securities invested in loans secured by mortgages for construction, interim financing, finished goods inventory financing, receivables financing, and term financings, denominated in U.S. or Canadian Dollars. The Fund may also invest in other products, also denominated in U.S. or Canadian Dollars, where the investment objective is substantially similar to the Fund’s objective.

Investment Documents