PRESS RELEASES

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 […]

PRESS RELEASES | Jan. 12, 2017

Redwood to Launch Series of Active Exchange Traded Funds on NEO

Redwood Asset Management (“Redwood”), a wholly owned subsidiary of Purpose Investments Inc. (“Purpose”), and Aequitas NEO Exchange Inc. (“NEO Exchange” or “NEO”) are pleased to announce that Redwood plans to launch four exchange traded funds, consisting of six ETF listings, on NEO. This is the first series of Redwood ETFs to be launched on the […]

PRESS RELEASES | Aug. 10, 2016

Redwood announces change to risk rating for Redwood Unconstrained Bond Class

Redwood Asset Management Inc. (“Redwood”), the manager of Redwood Unconstrained Bond Class, announced on August 5, 2016, that it is changing the risk rating associated with Redwood Unconstrained Bond Class. This change will be reflected in an amendment dated on or about August 5, 2016 to the simplified prospectus for the Redwood funds (the “Simplified Prospectus”).

PRESS RELEASES | Jul. 25, 2016

Purpose Investments Inc. and Redwood Asset Management Inc. Announce the Acquisition of Redwood

TORONTO, ON –(Marketwired – July 25, 2016) – Purpose Investments Inc. (“Purpose”), a leading provider of exchange traded funds (“ETFs”), mutual funds and closed-end funds, and Redwood Asset Management Inc. (“Redwood”) are pleased to announce that they and the shareholders of Redwood have entered into a definitive agreement pursuant to which Purpose will acquire all […]