First National Mortgage Investment Fund announces January monthly distribution

First National Mortgage Investment Fund announces January monthly distribution 
TORONTO, Jan. 15, 2014 /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 January 1 to January 31, 2014. The distribution will 
be payable on February 14, 2014 to unitholders of record at the close of 
business on January 31, 2014.  The Fund also announced that each 2013 
distribution will be classified as a Return of Capital for tax purposes. 
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 
About First National Financial Corporation
First National Financial Corporation (TSX: FN) 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 $74 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 
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

SOURCE  First National Mortgage Investment Fund 
Robert Inglis Chief Financial Officer First National Financial Corporation 
Tel: 416-593-1100 
Ernie Stapleton President Fundamental Creative Inc. Tel: 905-648-9354 
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CO: First National Mortgage Investment Fund
ST: Ontario
-0- Jan/15/2014 22:00 GMT
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