May 4, 2011

Moskowitz Capital Mortgage Fund I Returned 10.3% & Fund II Returned 9.5% Since Inception

TORONTO and HALIFAX, May 4, 2011 - Moskowitz Capital Man­agement Inc., the Fund Manager, is pleased to report strong performance of both Funds over the past 19 & 15 quarters respectively for Moskowitz Capital Mortgage Fund Inc. ("Fund I") & Moskowitz Capital Mortgage Fund II Inc. ("Fund II"). Fund I returned 8.4% and Fund II 9.0%, to investors over the past quarter.

Funds' Performance
Returns are shown on a net (after all fees & expenses) annualized basis in percentage (%)

FY 2010 FY 2011 Since
Fund FY 2007 FY 2008 FY 2009 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Inception
I 10.4 11.9 9.8 15.5 6.6 10.5 10.1 8.5 8.0 8.4 10.3
July 06
II 9.2 9.9 10.2 8.6 9.4 9.3 9.5 10.1 9.0 9.5
June 07

"We are pleased to announce that our investor base has grown significantly in recent quarters due to our attractive returns and conservative approach. Like many businesses, goodwill is created over time. It's something that can't be rushed." says Brian Moskowitz, President of Moskowitz Capital Management Inc. "Both funds benefited from increased brand awareness in Atlantic Canada as well as in Ontario and Saskatchewan. Our niche lending to small businesses and builders is providing mortgage brokers with an alternative solution for their clients."

About Moskowitz Capital
Moskowitz Capital originates, underwrites and manages its on balance sheet mortgage investments, specializing in alternative mortgage lending to niche markets in the Atlantic provinces, Ontario and Saskatchewan. With expertise in mortgage banking, and a commitment to professionalism and ethical conduct, Moskowitz Capital manages RRSP eligible mortgage funds on behalf of accredited investors seeking superior cash on cash returns and capital preservation. Moskowitz Capital Management Inc. is a licensed Mortgage Administrator by the Financial Services Commission of Ontario.

For information on our loan program, please go to: Moskowitz Capital Loan Program

Related:
Fund II Returns 10.1% in Q2
Fund I & Fund II Q1 Quarterly Returns
Fund I & Fund II 2010 Annual Returns
Fund II Returns 9.3% in Q4

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