Change of Trustee and Manager of Redwood Global High Dividend Fund

TORONTO, ONTARIO–(Marketwired – Aug. 26, 2013) – Caldwell Investment Management Ltd. (“Caldwell”) is pleased to announce that the proposed change of trustee and manager of Redwood Global High Dividend Fund (the “Fund”) from Redwood Asset Management Inc. to Caldwell has received all necessary unitholder and regulatory approvals and is now complete.

The name of the Fund has been changed to “Clearpoint Global Dividend Fund”. Units of the Fund are now offered for sale to investors pursuant to a simplified prospectus and annual information form dated July 30, 2013. Investors may contact their investment advisors and financial planners for copies of this simplified prospectus.

Fox Asset Management, LLC (“Fox”), a division of Eaton Vance Company, is the sub-portfolio advisor of the Fund. The portfolio advisory team at Fox is led by its Director and Senior Portfolio Manager, Bill Dodge, who has over 35 years of investment experience, including over 4 years leading the sub-advisory team for the Fund. Bill’s team at Fox includes Bradley S. Daniels, Managing Director and Director of Research and Robert J. Milmore, Vice-President and Portfolio Manager. Bill runs a conservative and disciplined portfolio with a focus on achieving superior investor protection during turbulent markets.

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