{"id":403007,"date":"2020-12-18T13:41:45","date_gmt":"2020-12-18T18:41:45","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=403007"},"modified":"2020-12-18T13:41:45","modified_gmt":"2020-12-18T18:41:45","slug":"ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/","title":{"rendered":"Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020"},"content":{"rendered":"
\n

Canada NewsWire<\/p>\n<\/p><\/div>\n

\n

\n TSX Symbol: RIB.UN<\/b>\n <\/p>\n

\n TORONTO<\/span>, Dec. 18, 2020<\/span> \/CNW\/ – Ridgewood Canadian Investment Grade Bond Fund (the “Fund”) is pleased to announce a special year-end distribution of the Fund, estimated to be in the amount of $0.429222<\/span> (the “Special Distribution”) per unit.\u00a0 The Special Distribution will be paid in units of the Fund and immediately thereafter the issued and outstanding capital of the Fund will be consolidated such that the number of issued and outstanding units of the Fund does not change.\u00a0 <\/p>\n

The estimated Special Distribution will be paid in units to unitholders of record at the close of business on December 31, 2020<\/span> and the Fund will issue a further press release once the amount of the special distribution is confirmed.<\/p>\n

\n About Ridgewood Canadian Investment Grade Bond Fund:<\/b>\n <\/p>\n

The Fund will seek to achieve the following investment objectives: (i) to provide unitholders with monthly cash distributions targeted to be 5.3% per annum on the original issue price of $12.00<\/span> per unit; and (ii) to maximize total returns for unitholders while preserving capital in the long term.<\/p>\n

\n About Ridgewood Capital Asset Management Inc.:<\/b>\n <\/p>\n

Ridgewood is an independent investment manager that manages approximately $1.3 billion<\/span> in assets for a diversified client base of high net worth individuals, foundations\/endowments, First Nation mandates and institutional accounts, of which approximately $985 million<\/span> is invested in fixed income assets.<\/p>\n

\n This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information concerning the income generated by the portfolio of the Fund. Actual future results, including the amount of distributions paid by the Fund, may differ from the estimated monthly distribution amount. Specifically, the income from which distributions are paid may vary significantly due to: changes in portfolio composition; changes in income received from securities included in the Fund’s portfolio from time to time; general economic and stock market conditions including changes in interest rates; and the level of borrowing by the Fund.\u00a0 The risks, uncertainties and other factors that could influence actual results are described under “Risk Factors” in the Fund’s prospectus dated December 8, 2011<\/span> and other documents filed by the Fund with the Canadian securities regulatory authorities. The forward-looking <\/i>
\n information contained in this press release constitutes the Fund’s current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents the Fund’s estimate as of any date other than the date of this press release.<\/i>\n <\/p>\n

SOURCE Ridgewood Canadian Investment Grade Bond Fund<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Canada NewsWire TSX Symbol: RIB.UN TORONTO, Dec. 18, 2020 \/CNW\/ – Ridgewood Canadian Investment Grade Bond Fund (the “Fund”) is pleased to announce a special year-end distribution of the Fund, estimated to be in the amount of $0.429222 (the “Special Distribution”) per unit.\u00a0 The Special Distribution will be paid in units of the Fund and immediately thereafter the issued and outstanding capital of the Fund will be consolidated such that the number of issued and outstanding units of the Fund does not change.\u00a0 The estimated Special Distribution will be paid in units to unitholders of record at the close of business on December 31, 2020 and the Fund will issue a further press release once the amount of the special … <\/p>\n

Continue reading “Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-403007","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRidgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire TSX Symbol: RIB.UN TORONTO, Dec. 18, 2020 \/CNW\/ – Ridgewood Canadian Investment Grade Bond Fund (the “Fund”) is pleased to announce a special year-end distribution of the Fund, estimated to be in the amount of $0.429222 (the “Special Distribution”) per unit.\u00a0 The Special Distribution will be paid in units of the Fund and immediately thereafter the issued and outstanding capital of the Fund will be consolidated such that the number of issued and outstanding units of the Fund does not change.\u00a0 The estimated Special Distribution will be paid in units to unitholders of record at the close of business on December 31, 2020 and the Fund will issue a further press release once the amount of the special … Continue reading "Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-18T18:41:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2611&Transmission_Id=202012181338CANADANWWEB______C2611&DateId=20201218\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020\",\"datePublished\":\"2020-12-18T18:41:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/\"},\"wordCount\":430,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C2611&Transmission_Id=202012181338CANADANWWEB______C2611&DateId=20201218\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/\",\"name\":\"Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020 - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C2611&Transmission_Id=202012181338CANADANWWEB______C2611&DateId=20201218\",\"datePublished\":\"2020-12-18T18:41:45+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/#primaryimage\",\"url\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C2611&Transmission_Id=202012181338CANADANWWEB______C2611&DateId=20201218\",\"contentUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C2611&Transmission_Id=202012181338CANADANWWEB______C2611&DateId=20201218\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020 - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/","og_locale":"en_US","og_type":"article","og_title":"Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020 - Market Newsdesk","og_description":"Canada NewsWire TSX Symbol: RIB.UN TORONTO, Dec. 18, 2020 \/CNW\/ – Ridgewood Canadian Investment Grade Bond Fund (the “Fund”) is pleased to announce a special year-end distribution of the Fund, estimated to be in the amount of $0.429222 (the “Special Distribution”) per unit.\u00a0 The Special Distribution will be paid in units of the Fund and immediately thereafter the issued and outstanding capital of the Fund will be consolidated such that the number of issued and outstanding units of the Fund does not change.\u00a0 The estimated Special Distribution will be paid in units to unitholders of record at the close of business on December 31, 2020 and the Fund will issue a further press release once the amount of the special … Continue reading \"Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-18T18:41:45+00:00","og_image":[{"url":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2611&Transmission_Id=202012181338CANADANWWEB______C2611&DateId=20201218","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020","datePublished":"2020-12-18T18:41:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/"},"wordCount":430,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2611&Transmission_Id=202012181338CANADANWWEB______C2611&DateId=20201218","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/","name":"Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020 - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2611&Transmission_Id=202012181338CANADANWWEB______C2611&DateId=20201218","datePublished":"2020-12-18T18:41:45+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/#primaryimage","url":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2611&Transmission_Id=202012181338CANADANWWEB______C2611&DateId=20201218","contentUrl":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2611&Transmission_Id=202012181338CANADANWWEB______C2611&DateId=20201218"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ridgewood-canadian-investment-grade-bond-fund-announces-estimated-distribution-for-year-end-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Ridgewood Canadian Investment Grade Bond Fund Announces Estimated Distribution for Year-End 2020"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/403007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=403007"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/403007\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=403007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=403007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=403007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}