a subsidiary of Purpose Investment Inc.

PRESS RELEASES

PRESS RELEASES | Oct 23, 2017

Redwood Asset Management Inc. Announces October Distributions

Redwood Asset Management Inc. is pleased to announce the following distributions for the month of October. The ex-distribution date is October 30, 2017.   Open-End Funds Exchange Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency Redwood Canadian Preferred Share Fund – ETF Units RPS $ 0.0950 10/31/2017 11/07/2017 Monthly Redwood Core Income Equity […]

PRESS RELEASES | Oct 2, 2017

Redwood Asset Management Announces NAV correction in Redwood Emerging Markets Dividend Fund

TORONTO, September 29, 2017 – Redwood Asset Management Inc. (“Redwood”), the manager of the Redwood Emerging Markets Dividend Fund (“Fund”), announces that it has discovered a discrepancy which has affected the net asset value per unit (“NAVPU”) of the Fund. Redwood has determined that an administrative error in calculating a potential incentive fee resulted in […]

PRESS RELEASES | Sep 21, 2017

Redwood Asset Management Inc. Announces September Distributions

Toronto, September 20, 2017 – Redwood Asset Management Inc. is pleased to announce the following distributions for the month of September. The ex-distribution date is September 28, 2017. Open-End Funds Exchange Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency Redwood Canadian Preferred Share Fund – ETF Units RPS $ 0.0840 09/29/2017 10/06/2017 Monthly […]

PRESS RELEASES | Sep 18, 2017

Redwood Asset Management Announces Exchange Ratios for First Ever ETF Exchange Offer for the Redwood Canadian Preferred Share Fund

TORONTO, September 15, 2017 – Redwood Asset Management Inc. (“Redwood”) is pleased to announce the exchange ratios for the exchange offering for the ETF units of the Redwood Canadian Preferred Share Fund (the “ETF”, or “the Fund”). The offering, which closes on September 22, 2017, is the first of its kind in Canada, and is […]

PRESS RELEASES | Sep 8, 2017

Redwood Asset Management Inc. Announces Annual Capital Gains Dividends for Redwood Funds with August Year End

Redwood Asset Management Inc. is pleased to announce the 2017 annual capital gain dividend for the following Redwood funds. The capital gain dividend for the funds will be paid in cash.   Open-End Funds Exchange Symbol Capital Gain Dividend per share Record Date Payable Date Redwood Tactical Asset Allocation Fund – ETF Units RTA $ […]

PRESS RELEASES | Aug 28, 2017

Redwood Asset Management Inc. Announces Intention to Terminate the Redwood Global Equity Strategy Fund

Redwood Asset Management Inc. (“Redwood”), in its capacity as manager, announced today its intention to terminate the Redwood Global Equity Strategy Fund on or about October 30, 2017. Effective August 28, 2017, the Fund will be closed to new purchases, including any pre-authorized purchase plans. The decision to close the Fund was driven by the […]

PRESS RELEASES | Aug 24, 2017

Redwood Asset Management Announces First Ever ETF Exchange Offer for the Redwood Canadian Preferred Share Fund

Redwood Asset Management Inc. (“Redwood”) is pleased to offer an exchange offering for the ETF units of the Redwood Canadian Preferred Share Fund (the “ETF”, or “the Fund”). Investors have until September 15, 2017 to tender their preferred shares and other accepted securities in exchange for units of the Fund. The offering, which closes on […]

PRESS RELEASES | Aug 23, 2017

Redwood Asset Management Announces Launch of New ETF Series of Redwood Emerging Markets Dividend Fund

Redwood Asset Management Inc. (“Redwood”) is pleased to announce the completion of the initial public offering of ETF units of the Redwood Emerging Markets Dividend Fund (“the Fund”). The ETF units will begin trading on the Aequitas NEO Exchange (“NEO”) as of August 23, 2017, under the ticker symbol REM. “We are delighted to continue […]

PRESS RELEASES | Aug 22, 2017

Redwood Asset Management Inc. Announces August Distributions

Redwood Asset Management Inc. is pleased to announce the following distributions for the month of August. The ex-distribution date is August 29, 2017.   Open-End Funds Exchange Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency Redwood Canadian Preferred Share Fund – ETF Units RPS $ 0.0840 08/31/2017 09/08/2017 Monthly Redwood Core Income Equity […]

PRESS RELEASES | Jul 31, 2017

Redwood Asset Management Launches U.S.-Dollar ETF Units of the Redwood U.S. Preferred Share Fund

Redwood Asset Management Inc. (“Redwood”) is pleased to announce the listing of U.S.-dollar-denominated ETF units (“Units”) of the Redwood U.S. Preferred Share Fund (RPU, RPU.B and now RPU.U).  Redwood has completed the initial public offering of the Units, which will commence trading on the Aequitas NEO Exchange today under the ticker symbol RPU.U. “The addition […]