Mr. John Simpson reports

RIDGEWOOD CANADIAN INVESTMENT GRADE BOND FUND ANNOUNCES ESTIMATED DISTRIBUTION RATE FOR FOURTH QUARTER

Ridgewood Canadian Investment Grade Bond Fund has released the estimated distributions of the fund for the fourth quarter of 2014.

                   ESTIMATED DISTRIBUTIONS

Estimated payable date         Estimated distribution amount per unit

Nov. 14, 2014                                                 $0.0530
Dec. 15, 2014                                                 $0.0530
Jan. 15, 2015                                                 $0.0530

This distribution rate equates to an annualized distribution rate of 5.30 per cent on an initial subscription price of $12 per unit. Details of each distribution, including the record and payment date, will be confirmed at the time of the declaration of the distribution.

We seek Safe Harbor.