TORONTO, April 24,
2024 /CNW/ - Ridgewood Capital Asset Management Inc.
(the "Manager"), on behalf of Ridgewood Canadian Investment
Grade Bond Fund (the "Fund"), is pleased to
announce that the previously announced restructuring of the Fund
from a non-redeemable investment fund into an alternative mutual
fund (the "Restructuring") is complete.
Units of the Fund are available for purchase on a continuous
basis through FundSERV (MWM900) or, for clients of the Manager,
directly from the Manager, in either case pursuant to the
simplified prospectus of the Fund dated March 27, 2024, which is available on
www.sedarplus.ca.
About Ridgewood Capital Asset
Management Inc.
Ridgewood is an independent investment manager that manages
approximately $1.4 billion in assets
for a diversified client base of high net worth individuals,
foundations/endowments, First Nation mandates and institutional
accounts, of which approximately $1.1
billion is invested in fixed income assets.
Certain statements in this press release may be viewed as
forward-looking statements. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs,
plans, intentions, projections, objectives, assumptions or future
events or performance (often, but not always, using words or
phrases such as "expects", "is expected", "anticipates", "plans",
"estimates" or "intends" (or negative or grammatical variations
thereof), or stating that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved)
are not statements of historical fact and may be forward-looking
statements. Statements which may constitute forward-looking
statements relate to: the availability for purchase of the trust
units of the Fund. Forward-looking statements are subject to a
variety of risks and uncertainties which could cause actual events
or results to differ from those reflected in the forward-looking
statements including as a result of changes in the general economic
and political environment, changes in applicable legislation, and
the performance of the fund. There are no assurances the Fund can
fulfill such forward-looking statements and the Fund does not
undertake any obligation to update such statements. Such
forward-looking statements are only predictions; actual events or
results may differ materially as a result of risks facing the Fund,
many of which are beyond the control of the Fund.
SOURCE Ridgewood Capital Asset Management Inc.