a subsidiary of Purpose Investment Inc.

Redwood Launches Preferred Share Exchange

Redwood Asset Management Inc. is pleased to announce an exchange offering for units of the Redwood Floating Rate Preferred Fund (the “Fund”).
  • The Fund is accepting in kind purchases by way of exchange via CDS.
  • Participating in the exchange allows investors to take advantage of tax loss harvesting, while remaining exposed to the preferred share market.
  • The Fund has a monthly distribution targeted at 4.5% annually.

For additional details of the offering, including a list of eligible securities and a term sheet, please contact your Redwood wholesaler, or email us at: exchange@redwoodasset.com.

 

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