Canada NewsWire
TORONTO, Sept. 15, 2016
TORONTO, Sept. 15, 2016 /CNW/ - First National Mortgage
Investment Fund (TSX: FNM.UN) (the "Fund") today announced its monthly cash distribution of $0.05 per
unit for the period September 1 to September 30, 2016. The distribution will be payable on
October 14, 2016 to unitholders of record at the close of business on September 30, 2016.
About First National Mortgage Investment Fund
The Fund provides unitholders with tax-advantaged monthly distributions by investing in Canadian mortgage loans
originated by First National Financial LP. Today, the Fund is fully invested in a diversified portfolio of mortgages on multi-unit
residential, industrial, and retail properties as well as land. To deliver an attractive yield, the Fund invests primarily in
short-term bridge mortgages, which typically bear higher rates of interest than traditional debt financing, and the Fund's manager
applies leverage. To achieve its objective of preserving capital, the portfolio's weighted average loan-to-value ratio will not
exceed 75%. For more information, visit the Fund's website at: www.firstnational.ca/investor-relations/first-national-mortgage-investment-fund.
About First National Financial Corporation
First National Financial Corporation (TSX: FN, TSX: FN.PR.A, TSX: FN.PR.B) 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 $96 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: www.stoneco.com/allproducts/first-national-mortgage-investment-fund/.
SOURCE First National Mortgage Investment Fund
