An anonymous trustee reports

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

Ridgewood Canadian Investment Grade Bond Fund has estimated the distributions of the fund for the third quarter of 2023 as shown in the attached table.

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.

About Ridgewood Canadian Investment Grade Bond Fund

The fund will seek to achieve the following investment objectives: (i) to provide unitholders with monthly cash distributions targeted to be 5.3 per cent per annum on the original issue price of $12 per unit; and (ii) to maximize total returns for unitholders while preserving capital in the long term.

About Ridgewood Capital Asset Management Inc.

Ridgewood is an independent investment manager that manages approximately $1.3-billion in assets for a diversified client base of high-net-worth individuals, foundations/endowments, first nation mandates and institutional accounts, of which approximately $1.0-billion is invested in fixed income assets.

We seek Safe Harbor.