TORONTO, March 20, 2018 (GLOBE NEWSWIRE) -- Redwood Asset Management Inc. is pleased to announce the following distributions for the month of March 2018. The ex-distribution date is March 28, 2018.
|Open-End Funds||Ticker Symbol||Distribution per share/unit||Record Date||Payable Date||Distribution Frequency|
|Redwood Canadian Preferred Share Fund – ETF Units||RPS||$ 0.0950||03/29/2018||04/06/2018||Monthly|
|Redwood Core Income Equity Fund – ETF Series||RDE||$ 0.0690||03/29/2018||04/06/2018||Monthly|
|Redwood U.S. Preferred Share Fund – ETF Units||RPU||$ 0.0940||03/29/2018||04/06/2018||Monthly|
|Redwood U.S. Preferred Share Fund Non-Currency Hedged – ETF Units2||RPU.B / RPU.U||$ 0.0940||03/29/2018||04/06/2018||Monthly|
|Redwood Emerging Markets Dividend Fund – ETF Units||REM||$ 0.0403||03/29/2018||04/06/2018||Monthly|
|Redwood Energy Credit Fund – ETF Units||PCF||$ 0.0350||03/29/2018||04/06/2018||Monthly|
|Redwood Energy Credit Fund – Non-Currency Hedged USD Option - ETF Units||PCF.U||US$ 0.0359||03/29/2018||04/06/2018||Monthly|
|Closed-End Funds||Ticker Symbol||Distribution|
|Record Date||Payable Date||Distribution Frequency|
|Canadian Investment Grade Preferred Share Fund (P2L) – Class T||RIGP.UN||$ 0.1146||03/29/2018||04/13/2018||Monthly|
|Canadian Investment Grade Preferred Share Fund (P2L) – Class A||unlisted||$ 0.1146||03/29/2018||04/13/2018||Monthly|
|June 2021 Investment Grade Bond Pool – Class T||RBP.UN||$ 0.0887||03/29/2018||04/13/2018||Quarterly|
|June 2021 Investment Grade Bond Pool – Class A||unlisted||$ 0.0775||03/29/2018||04/13/2018||Quarterly|
|Redwood Energy Income Fund||AOG.UN||$ 0.01125||03/29/2018||04/13/2018||Monthly|
|Redwood Advantage Monthly Income Fund||AV.UN||$ 0.0350||03/29/2018||04/13/2018||Monthly|
|Redwood Monthly Income Fund||VIP.UN||$ 0.0350||03/29/2018||04/13/2018||Monthly|
|Redwood Floating Rate Bond Fund - Class A||IFL.UN||$ 0.0500||03/29/2018||04/13/2018||Monthly|
|Redwood Floating Rate Bond Fund – Class U||unlisted||US$ 0.0500||03/29/2018||04/13/2018||Monthly|
|Redwood Floating Rate Income Fund – Class A||ISL.UN||$ 0.0417||03/29/2018||04/13/2018||Monthly|
|Redwood Floating Rate Income Fund - Class U||ISL.U||US$ 0.0417||03/29/2018||04/13/2018||Monthly|
|Australian Banc Income Fund – Class A||AUI.UN||$0.1875||03/29/2018||04/13/2018||Quarterly|
|Australian Banc Income Fund – Class F||unlisted||$0.1875||03/29/2018||04/13/2018||Quarterly|
|Redwood Global Financials Income Fund – Class A||NAF.UN||$0.3125||03/29/2018||04/13/2018||Quarterly|
|Redwood Global Financials Income Fund – Class F||unlisted||$0.3125||03/29/2018||04/13/2018||Quarterly|
|Redwood Global Infrastructure Income Fund||MQI.UN||$0.1500||03/29/2018||04/13/2018||Quarterly|
(1) Dividend is designated as an “eligible” Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
(2) Redwood U.S. Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date.
About Redwood Asset Management Inc.
Redwood Asset Management is a Toronto-based investment fund manager, focused on delivering unique investment solutions managed by boutique global investment managers to Canadian investors. Redwood Asset Management is a wholly owned subsidiary of Purpose Investments Inc., which has over $4.9 billion in assets under management. More information about Redwood's product offerings is available at www.redwoodasset.com.
Redwood Asset Management
President & CEO
Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
Source:Redwood Asset Management Inc.