An anonymous director reports
RIDGEWOOD CANADIAN INVESTMENT GRADE BOND FUND ANNOUNCES ESTIMATED DISTRIBUTION RATE FOR FIRST QUARTER
Ridgewood Canadian Investment Grade Bond Fund has estimated the distributions of the fund for the first quarter of 2024.
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.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.