PRESS RELEASES

PRESS RELEASES | May 24, 2017

Redwood Asset Management Announces Change of Fund Names and Launch of New ETF Series of Connected Wealth Funds

Redwood Asset Management Inc. (“Redwood”) is pleased to announce that the Connected Wealth Tactical Class and Connected Wealth Core Income Class (the “Funds”) have been rebranded as the Redwood Tactical Asset Allocation Fund (RTA) and Redwood Core Income Equity Fund (RDE), respectively. In addition, Redwood has completed the initial public offering of ETF shares of […]

PRESS RELEASES | May 12, 2017

Redwood Asset Management Announces Change of Fund Name

Redwood Asset Management Inc. (“Redwood”) is pleased to announce that the Redwood Floating Rate Preferred Fund has been renamed as the Redwood Canadian Preferred Share Fund (“the Fund”), effectively immediately. The Fund is available with two different mutual fund purchase options, as well as an ETF that trades on the Aequitas NEO Exchange Inc. (“NEO”) […]

PRESS RELEASES | May 11, 2017

Redwood Asset Management Announces Management Fee Reduction for the Redwood Emerging Markets Dividend Fund

Redwood Asset Management Inc. (“Redwood”) is pleased to announce that the management fee associated with the Redwood Emerging Markets Dividend Fund (“the Fund”) has been reduced by 40%, effective May 1, 2017. As such, the management fee of Series F of the Fund will decrease from 1.50% to 0.90%, and the management fee of Series A […]

PRESS RELEASES | Apr. 20, 2017

Redwood Asset Management Inc. Announces April 2017 Distributions

Redwood Asset Management Inc. is pleased to announce the following distributions for the month of April. The ex-distribution date is April 26, 2017. OPEN-END FUNDS EXCHANGE SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Redwood Floating Rate Preferred Fund – ETF Units RPS $0.0840 4/28/2017 5/05/2017 Monthly Redwood U.S. Preferred Share Fund […]

PRESS RELEASES | Mar. 30, 2017

Redwood Asset Management Inc. Opens the Market

Peter Shippen, President & CEO, Redwood Asset Management Inc., joined Dani Lipkin, Head, Business Development, Exchange Traded Funds, Closed-End Funds, and Structured Notes, TMX Group, to open the market to launch June 2021 Investment Grade Bond Pool (RBP.UN). Redwood, which is a wholly-owned subsidiary of Purpose Investments Inc., is the manager of the Fund and […]

PRESS RELEASES | Mar. 22, 2017

Redwood Asset Management Inc. Announces March 2017 Distributions

Redwood Asset Management Inc. is pleased to announce the following distributions for the month of March. The ex-distribution date is March 29, 2017. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Redwood Floating Rate Preferred Fund – ETF Units RPS $0.0840 3/31/2017 4/7/2017 Monthly Redwood U.S. Preferred Share Fund […]

PRESS RELEASES | Mar. 22, 2017

June 2021 Investment Grade Bond Pool announces the completion of its initial public offering

Redwood Asset Management Inc. (“Redwood”), the manager of June 2021 Investment Grade Bond Pool (the “Fund”), is pleased to announce that the Fund has completed its initial public offering of, in aggregate, 3,179,729 Class A Units and Class T Units (together, the “Units”) at a price of $10.00 per Unit for gross proceeds of approximately […]

PRESS RELEASES | Mar. 15, 2017

Redwood Asset Management Expands Income Solutions with Launch of the Redwood U.S. Preferred Share Fund and ETF units of the Redwood Floating Rate Preferred Fund

Redwood Asset Management Inc. (“Redwood”) is pleased to announce the listing of two income-generating preferred share funds, the Redwood U.S. Preferred Share Fund (NEO:RPU and RPU.B) and the Redwood Floating Rate Preferred Fund (NEO:RPS). Redwood has completed the initial public offering of ETF units of the Funds. The ETF units of the Redwood U.S. Preferred […]

PRESS RELEASES | Feb. 17, 2017

Redwood Asset Management Inc. Announces February 2017 Distributions

Redwood Asset Management Inc. is pleased to announce the following distributions for the month of February. The ex-distribution date is February 24, 2017. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Canadian Investment Grade Preferred Share Fund (P2L) – Class T RIGP.UN $0.1146 2/28/2017 3/14/2017 Monthly Canadian Investment Grade […]

PRESS RELEASES | Jan. 20, 2017

Redwood Asset Management Inc. Announces January 2017 Distributions

Redwood Asset Management Inc. is pleased to announce the following distributions for the month of January. The ex-distribution date is January 27, 2017. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Canadian Investment Grade Preferred Share Fund (P2L) – Class T RIGP.UN $0.1146 1/31/2017 2/14/2017 Monthly Canadian Investment Grade […]