| Performance
Rates of Return
Romspen Mortgage Investment Fund investors earn superior rates of return, the yield to investors has been remarkably steady.
Romspen Mortgage Investment Fund net yield to unit holders per quarter.
|
Q1'06 |
Q2'06 |
Q3'06 |
Q4'06 |
Q1'07 |
Q2'07 |
Q3'07 |
Q4'07 |
Q1'08 |
Q2'08 |
| RMIF Quarterly Yield |
9.86% |
9.63% |
9.92% |
10.10% |
10.14% |
10.03% |
9.92% |
10.01% |
10.14% |
9.63% |
The above represents the net cash interest payment received by investors after deduction of fees.
Prior to January 16, 2006 Romspen Investment Corporation managed a large portfolio of syndicated mortgages, its 10 year history of consist performance can be viewed in the PriceWaterhouseCoopers Corporate Profile  .
Losses
Romspen’s due dilligence process and its hands-on management of every mortgage have resulted in minimal losses from default. As of June 30, 2008 on mortgages totalling $415 million the Fund has unrealized loss reserves of $5.8 million.
We pride ourselves on our market knowledge and our ability to structure safe investments. We seldom advance more than 40-60% of the value of a property. Our first priority will always be the safety and the security of our investors.
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