Mr. John Simpson of Ridgewood Capital Asset Management reports
RIDGEWOOD CANADIAN INVESTMENT GRADE BOND FUND DECLARES MONTHLY DISTRIBUTION FOR DECEMBER OF $0.0530 PER UNIT
Ridgewood Canadian Investment Grade Bond Fund has declared a cash distribution of 5.3 cents per unit. The monthly distribution equates to an annualized distribution rate of 5.3 per cent on an initial subscription price of $12 per unit. The distribution is payable on Jan. 15, 2024, to unitholders of record at the close of business on Dec. 29, 2023.
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.
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