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City Pacific Limited Letter to Investors

National 

City Pacific Limited Letter to Investors

March 4, 2008 Marc Pallisco City Pacific Limited Letter to Investors, LPT, National, Real Estate News

Dear Investor,
CITY PACIFIC FIRST MORTGAGE FUND (FIRST MORTGAGE FUND/FUND)

Amidst recession fears in the USA and difficult local market conditions which have caused havoc in the banking and financial services sectors there has been a substantial increase in the level of redemptions by our investors in the First Mortgage Fund.

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