A Fixed-Income Solution

A Presentation By Matthew Robinson

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Competency, Consistency & Care

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Senior Management Team

• Matthew J. Robinson, B.Sc, CIM®CEO & Portfolio Manager

Kevin Cruickshank, CPA, CAVP & CFO

• Debra Smith, CIM®

Manager of Investor Services

• Nick Ritchie, MBA

Manager, Mortgage Operations

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Strong Management is the Difference

1. ACTIVE PORTFOLIO MANAGEMENTDecisions made by competent management

and knowledgeable, dedicated staff

2. MARKET EXPERTISE A depth of expertise in the fund’s focus: urban

& rural, residential, first mortgages in Ontario.

3. INVESTMENT EXPERIENCE W. A. Robinson Asset Management Ltd. has

effectively managed Frontenac Mortgage Investment Corporation for more than three decades

4. DEFINED CRITERIA All mortgages sourced and administered through Pillar Financial Services Inc.

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Strong Management

5. TREASURY MANAGEMENT Systems & processes in place in conjunction with key

partners (Financial Advisors & Mortgage Brokers)

6. LEADERSHIP CONTINUITY W.A. Robinson Asset Management Ltd. successfully

transitioned leadership in 2014

7. LIMIT CONCENTRATION RISK Focus on residential mortgages in the range of

$250,000 - $400,000

8. LEVERAGE TECHNOLOGY AND OUR PEOPLE –Not the fund

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We are Experts

• Active portfolio management performed by experienced management and staff

• Staff consists of:

-Registered Investment Professionals, -Registered Mortgage Professionals, -Registered Real Estate Professionals

• Diverse cumulative backgrounds that complement the team as a whole

• Continuing education encouraged and provided to all staff

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Value of Mortgage Based Investments

• Complements traditional fixed-income with potential for higher returns than

investments of same risk profile

• Provides a long-term, steady income stream

• Known, understood but overlooked as an investment

• Mortgages are based on tangible assets

• Not directly correlated to equity markets

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Fund Details

Objective:

Long-term, reasonable returns on real asset-based investments

for investors who value capital preservation through sustainable processes and decisions from competent management

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Fund Details

Target Return:

Schedule A Bank 5-Year GIC interest rate + 3%

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Results: Consistent, positive returns

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Fund Overview

• Offered as common shares of a Mortgage Investment Corporation

• Monthly distributions - DRIP or cash

• Income through interest and principal payments

• No mortgage syndications

• Target cash position: +\- 5% of AUM

• Not subject to daily volatility: NAV $30.00 (historically)

• Qualified for: RRSP, RRIF, RESP, TFSA, RDSP’s

550+ mortgages AUM-$195+ million

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Risk/Return Comparison (Last 5 years)

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Mitigating Portfolio Risk

• First mortgage position on majority of portfolio (currently 99%)

• Stringent approval process by dedicated underwriting staff

• Strong relationships with mortgage brokers

• Specific geographic expertise

• Mitigate interest rate risk: Durations typically 1-2 years

• Evaluate mortgages based on FOUR Cs of CREDIT

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How Frontenac Works

• Historically, constant book value per share: $30/share

• 100% of net income

distributed monthly

• Investor protection:

Top-tier corporate governance, third-party support – legal,

auditor, banking, insurance,

custodian

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Who We Are

• Sold by prospectus: ON, MB, SK, AB, BC, NS, NB, NL

• Sold by Offering Memorandum elsewhere in Canada

• Available: Select Investment Advisors across Canada

• Traded: FundSERV WAR110\WAR111

• Registrar: SGGG

• Expertise: Open, short-term, rural, residential mortgages in the stable real estate market of Eastern and Central Ontario

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Industry Partners and AffiliatesSecurities Lawyer

Torkin Manes Barristers and Solicitors151 Yonge Street, Suite 1500

Toronto ON M5C 2W7 | 416 777-5431

Auditor

MNP LLP

1600 Carling Ave #800Ottawa ON K1Z 1G3| (613) 691-4200

Banking

RBC Financial Group

31 Beckwith Street North

Smith Falls ON K7A 2B4 | 613 284-1128

Insurance

Chubb Insurance Company of Canada(through Hub Insurance Brokers & Consultants)

595 Bay Street Suite 900

Toronto ON M5G 2E3 | 416 597-2313

• Frontenac carries $2 million directors’ and officers’ liability insurance

• W.A. Robinson Asset Management Ltd. carries $2 million errors and omissions insurance

• Pillar Financial Services Inc. has $5 million errors and omissions insurance

• W.A. Robinson Asset Management Ltd. has a $250,000 Financial Institution Bond Form 14

Custodian

Computershare Trust Company of Canada100 University Avenue, 8th Floor

Toronto ON M5J 2Y1 | 416 263-9200

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“Trust is the currency of all long lasting relationships.

Our highly engaged team develop trust through

Competency, Consistency & Care”

Matthew Robinson

W.A. Robinson Asset Management Ltd. & Frontenac Mortgage Investment Corporation

T: 1-877-279-2116

14216 Road #38, PO Box 208,

Sharbot Lake ON K0H 2P0

FMIC.ca

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