INVESTING
Romspen US Mortgage
Investment Trust
- Performance built on a foundation of low risk tolerance, rigorous underwriting and many decades of experience
- Invest and receive consistent cash distributions in Canadian Dollars.
- The Fund’s investments are secured by commercial real estate, including land, retail, industrial, office, and multi-family residential properties in the U.S only
- The Fund seeks compelling opportunities that are often overlooked by traditional institutional lenders
Romspen US Mortgage Investment Trust is available to Accredited Investors.
Romspen US Mortgage
Investment Trust (CAD)
June 30, 2023
- Master Fund Portfolio Size (USD)$583 Million
- # of Mortgages48
RUSMIT Portfolio Allocation
June 30, 2023
By Geography
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Tennessee
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Nevada
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Washington
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Hawaii
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New York
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Utah
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Florida
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Texas
-
Virginia
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Other US
By Amount
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Over $80 million
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$40-$60 million
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$20-$40 million
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Under $20 million
By Type
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Leisure & Entertainment
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Industrial
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Retail
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Condominium
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Residential
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Mixed Use
By Maturity
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1-2 years
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Under 1 year
Performance & Distribution
June 30, 2023
Net Distribution %
Scroll| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Return | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.55 | 0.53 | 0.53 | 0.57 | 0.58 | 0.58 | 7.4%(1) | ||||||
| 2022 | – | – | – | – | – | – | – | – | 0.86 | 0.40 | 0.68 | 0.68 | 8.2%(2) |
(1)Trailing 12-month compounded net return.
(2)Annualized over a stub period of 4 months.
Return is calculated on a cash-on-cash basis, net of fees, and assumes a monthly reinvestment of distributions. It does not take into account income taxes, changes in unit values, third-party expenses or redemption charges.
- Manager Romspen Investment Corporation
- Structure Unit Trust
- FundSERV Symbol RIC300, RIC310 (Institutional)
- Minimum Investment CAD 50,000 (Dealer); CAD 150,000 (Direct)
- Purchases Monthly on the 1st business day
- Distributions Monthly on the 20th of the month
- Redemption Monthly on the 20th of the month with 30 days’ notice
- Registered Plans Eligible, (subject to fund meeting, mutual fund, trust conditions, trust conditions by calendar year end)
- Eligibility “Accredited Investor” or other applicable prospectus exemption
- Fees 1.25% (RIC 300) 1.15% (RIC 310)
- Early Redemption Fee 4% within first year, no fee thereafter
- Fund Administrator SS&C Technologies Inc.
- Fund Auditor KPMG LLP
- Legal Counsel Morgan, Lewis & Bockius LLP; Gardiner Roberts LLP
