Le Lézard
Classified in: Business
Subject: DIV

Ridgewood Canadian Investment Grade Bond Fund Declares Monthly Distribution for September of $0.0530 per Unit


TSX Symbol: RIB.UN

TORONTO, Sept. 15, 2021 /CNW/ - Ridgewood Canadian Investment Grade Bond Fund is pleased to announce that a cash distribution of $0.0530 per unit has been declared. The monthly distribution equates to an annualized distribution rate of 5.30% on an initial subscription price of $12.00 per unit. The distribution is payable on October 15, 2021 to Unitholders of record at the close of business on September 30, 2021.

For more information please call John H. Simpson, CFA, Managing Director, Ridgewood Capital Asset Management Inc. at (416) 479-2751.

About Ridgewood Canadian Investment Grade Bond Fund:

The Fund will seek to achieve the following investment objectives: (i) to provide unitholders with monthly cash distributions targeted to be 5.3% per annum on the original issue price of $12.00 per unit; and (ii) to maximize total returns for unitholders while preserving capital in the long term.

About Ridgewood Capital Asset Management Inc.:

Ridgewood is an independent investment manager that manages approximately $1.6 billion in assets for a diversified client base of high net worth individuals, foundations/endowments, First Nation mandates and institutional accounts, of which approximately $1.3 billion is invested in fixed income assets.

SOURCE Ridgewood Canadian Investment Grade Bond Fund


These press releases may also interest you

at 15:46
Ademi LLP is investigating Touchstone for possible breaches of fiduciary duty and other violations of law in its transaction with First National Corporation....

at 15:42
Ademi LLP is investigating Integrated Financial for possible breaches of fiduciary duty and other violations of law in its transaction with Capital Bancorp....

at 15:28
Mineros S.A. (CB: MINEROS) ("Mineros" or the "Company") is providing a correction to the disclosure on the 2023/2024 dividend information contained in its press release of March 27, 2024. The information below replaces and supersedes the prior 2023...

at 15:21
Average weekly trading volume of approximately 511,698 sharesFund's adviser has more than 50 years of small- and micro-cap investment experienceCLOSING PRICES AS OF 02/29/24 NAV 10.57 MKT 9.33   AVERAGE ANNUAL TOTAL RETURN AS OF 02/29/24 NAV (%) MKT...

at 15:20
A closed-end fund that invests in global equities using a disciplined value approachAverage weekly trading volume of approximately 111,480 sharesFund's adviser has more than 50 years of small- and micro-cap investment experience  CLOSING PRICES AS OF...

at 15:20
Aventiv Technologies, a communications and technology business serving the incarcerated, their friends and family, and state and local correctional facilities, today announced an agreement...



News published on and distributed by: