ACM Advisors Ltd.

ACM Advisors Ltd.

April 22, 2010 19:48 ET

ACM Commercial Mortgage Fund Reports $11 Million Growth in Assets During the First Quarter 2010

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 22, 2010) - The ACM Commercial Mortgage Fund provided quarterly annualized net returns of 5.90% to Class F/I unitholders, 5.64% to Class A unitholders and 5.42% to Class B/C/D/E unitholders for the three month period ended March 31, 2010. The Fund grew by over $11 million in net subscriptions for the quarter to achieve $79 million in total assets. The Manager has funded $8 million in quality, conservative new investments during this period. Click here for the full 2010 Q1 Report.

In addition, the following reports and updates to key documents are available for your information and reference:

- 2009 Annual Report for the ACM Commercial Mortgage Fund – The report includes a letter from the President of ACM Advisors Ltd., the Fund's Manager, and the financial statements for the year ending December 31, 2009 audited by PricewaterhouseCoopers LLP. Click here for the 2009 Annual Report.

- Offering Memorandum dated April 12, 2010 – The offering memorandum for the ACM Commercial Mortgage Fund has been updated according to current securities regulations, including 2009 audited financial statements. Please reference this new version going forward. Click here for the updated Offering Memorandum.

- Subscription Agreement – An update was made to reference the Offering Memorandum dated April 12, 2010. Please use this updated Subscription Agreement for new subscriptions in the ACM Commercial Mortgage Fund.

The ACM Commercial Mortgage Fund provides superior returns to its investors through stable, cash flowing investments secured by prudently underwritten Canadian commercial mortgages, commercial mortgage backed securities and debentures issued by Canadian REITs and REOCs. As an open-ended private mutual fund trust, the Fund is available to private and institutional investors in both registered and non-registered accounts. The Fund is available on the FundSERV system (fund codes: "MOR120", "MOR130", "MOR140", "MOR150" and "MOR160", respectively Classes F, B, C, D, and E)

ACM Advisors Ltd. is a privately owned portfolio management company based in Vancouver with assets under management of $940 million in four fixed-income funds. Since inception in 1992, funds managed by ACM Advisors Ltd. have never experienced a loan loss.

This news release has been prepared for information purposes only and should not be construed as a solicitation for, or offering of, an investment in securities. These securities can only be purchased by way of Offering Memorandum. The returns calculated above for the three month period ended March 31, 2010 include reinvested distributions.

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