a subsidiary of Purpose Investments Inc.

PRESS RELEASES

PRESS RELEASES | Jan 22, 2018

Redwood Asset Management Inc. Announces January Distributions

Redwood Asset Management Inc. is pleased to announce the following distributions for the month of January 2018. The ex-distribution date is January 30, 2018. 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 01/31/2018 02/07/2018 Monthly Redwood Core Income Equity […]

PRESS RELEASES | Jan 17, 2018

Redwood Asset Management Announces Launch of a Unique New Fund Designed to Profit from Mispriced Assets Caused by Irrational Investor Behaviour

Redwood Asset Management Inc. (“Redwood”) is pleased to announce the launch of Redwood Behavioural Opportunities Fund (“the Fund”), a unique new strategy that seeks to identify and profit from irrational, emotionally driven investor decisions. Redwood has completed the initial public offering of ETF shares and the Fund will commence trading on the Aequitas NEO Exchange […]

PRESS RELEASES | Dec 27, 2017

Redwood Announces Final Annual Capital Gains Distributions For Closed-End Funds

Redwood Asset Management Inc. (“Redwood”) today announced the final annual capital gains distributions for its closed-end funds with a December 15, 2017 tax year end. The distributions represent capital gains realized during the year and will not be paid in cash, but will be reinvested in additional units and the resulting units immediately consolidated so […]

PRESS RELEASES | Dec 21, 2017

REDWOOD ANNOUNCES EXCHANGE RATIOS FOR MERGER OF CANADIAN 50 ADVANTAGED PREFERRED SHARE FUND INTO REDWOOD CANADIAN PREFERRED SHARE FUND

Redwood Asset Management Inc. (the “Manager”), the manager of Canadian 50 Advantaged Preferred Share Fund (“Canadian 50”) (TSX:CPF.UN), announced today the exchange ratios for the merger (the “Merger”) of Canadian 50 and the Redwood Canadian Preferred Share Fund (the “Continuing Fund”) (NEO:RPS). Pursuant to the Merger, each holder of Class A units and Class F […]

PRESS RELEASES | Dec 20, 2017

Redwood Asset Management Inc. Announces December Distributions

Redwood Asset Management Inc. is pleased to announce the following distributions for the month of December 2017. The ex-distribution date is December 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 $ 0.0950 12/29/2017 01/08/2018 Monthly Redwood Core Income […]

PRESS RELEASES | Dec 19, 2017

Redwood Asset Management Inc. Announces Final Annual Capital Gains Distribution

Redwood Asset Management Inc. (“Redwood”) today announced the final annual capital gains distributions for its open-end exchange-traded funds (“Funds”) with a December 15, 2017 tax year end. The distributions represent capital gains realized during the year and will not be paid in cash, but will be reinvested in additional units and the resulting units immediately […]

PRESS RELEASES | Dec 18, 2017

Redwood Asset Management Announces Exchange Ratios for the Redwood Canadian Preferred Share Fund

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 closes on December 28, 2017 and the ETF units of the Fund trade under the ticker symbol RPS on the NEO […]

PRESS RELEASES | Dec 15, 2017

PURPOSE INVESTMENTS INC. ANNOUNCES CLOSING OF TRANSACTION WITH LOGiQ ASSET MANAGEMENT INC.

Purpose Investments Inc. (“Purpose”) today announced the closing of its previously announced transaction to have its wholly owned affiliate Redwood Asset Management Inc. (“Redwood”) acquire substantially all of the retail asset management agreements owned by LOGiQ Asset Management Inc. (“LOGiQ”) and its affiliates. “We are excited to acquire these high-quality, well-managed investment funds from LOGiQ,” […]

PRESS RELEASES | Dec 12, 2017

PURPOSE INVESTMENTS INC. AND REDWOOD ASSET MANAGEMENT INC. ANNOUNCE CHANGE IN LISTING VENUE FOR CERTAIN INVESTMENT FUNDS

Purpose Investments Inc. (“Purpose”) and Redwood Asset Management Inc. (“Redwood”) are pleased to announce they have received conditional approval to change the listing venue for certain Closed End Funds (“CEFs”) and Unit Traded Funds (“UTFs”). Purpose intends to migrate two risk-managed CEFs and two risk-managed UTFs and Redwood intends to migrate two UTFs (collectively, “the […]

PRESS RELEASES | Dec 4, 2017

Redwood Asset Management Inc. Announces Estimated Annual Capital Gains Distribution

Redwood Asset Management Inc. (“Redwood”) today announced the estimated annual capital gains distributions for its open-end exchange-traded funds and closed-end funds (“Funds”) for the 2017 tax year end. The distributions represent capital gains realized during the year and will not be paid in cash, but will be reinvested in additional units and reported as taxable. […]