ACM Advisors Ltd.

ACM Advisors Ltd.

April 15, 2011 17:29 ET

ACM Commercial Mortgage Fund Reports $5.6 Million in Net Unitized Subscriptions during the First Quarter of 2011

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 15, 2011) - The ACM Commercial Mortgage Fund grew by $5.6 million in net unitized subscriptions and funded $11.4 million in high quality, conservative mortgage investments during the first quarter of 2011. As of March 31, 2011, the ACM Commercial Mortgage Fund has total net assets of $99 million.

Q1 Quarterly Highlights:

  • Capital Protection: Stable Net Asset Value closing the quarter at $109.2392/unit.
  • Yield Premium: Monthly Distribution of $0.50 per unit on Class F/I, providing a 5.63% p.a. current yield on the March 31, 2011 closing Net Asset Value. Monthly distributions have been maintained at $0.50 per unit on Class F/I since May of 2008.
  • Growth: $5.6 million in Net Unitized Subscriptions
  • Performance: The ACM Commercial Mortgage Fund generated a return for Class F/I Unitholders of 0.83% net of operating expenses and management fees during the first quarter of 2011. For the one year period ending March 31, 2011, the Fund generated a net return of 8.51%.

The ACM Commercial Mortgage Fund is available to qualifying investors in British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario. A copy of the Fund's Offering Memorandum, Subscription Agreement and the quarterly report for the period ended March 31st, 2011 are available at www.acma.ca.

The ACM Commercial Mortgage Fund provides superior returns to its investors from stable, cash flowing investments, secured by a pool of Canadian commercial mortgages prudently underwritten by ACM Advisors Ltd. As an open-ended private mutual fund trust, this fund is available to private and institutional investors within both registered and non-registered accounts.

ACM Advisors Ltd., the fund's portfolio manager, is a privately owned portfolio management company based in Vancouver with assets under management of $1 billion in four fixed-income funds. Since inception in 1992, funds managed by ACM Advisors Ltd. have never experienced a loan loss.

This document has been prepared for information purposes only and should not be construed as a solicitation for, or offering of, an investment in securities in any jurisdiction where such offer or solicitation would be prohibited. The Fund is an exempt market security, prospective investors are advised to read the offering documents and to consult with an independent financial advisor prior to making any investment decision based on this document. Minimum investment varies by province. The indicated rates of return are the historical compounded total returns including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any Unitholder that would have reduced returns. Compound returns are annualized for periods greater than one year. Mutual funds are not guaranteed or covered by a government deposit insurer, their values fluctuate frequently and past performance may not be repeated. The rates of return and growth charts shown in this document are used only to illustrate the effects of the compound growth rate and are not intended to reflect future value of the Fund or future returns on investment in the Fund. The current yield represents the annualized compound current distribution of the Fund, divided by the current Net Asset Value ("NAV") of the Fund. Please note that the current yield may not be available at the time of purchase of the Fund due to fluctuations in the current distribution amount and/or the NAV.

ACM Advisors Ltd. endeavors to provide accurate information throughout this document, but errors may occur and information and documents may become out of date. ACM Advisors Ltd. does not guarantee the accuracy, completeness, or timeliness of the information and documents. E&OE.

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