TORONTO, ON--(Marketwired - April 19, 2017) - Redwood Asset Management Inc. is pleased to announce the following distributions for the month of April. The ex-distribution date is April 26, 2017.

Open-End Funds  Exchange Symbol  Distribution per share/unit  Record Date  Payable Date  Distribution Frequency
Redwood Floating Rate Preferred Fund - ETF Units  RPS  $ 0.0840  04/28/2017  05/05/2017  Monthly
Redwood U.S. Preferred Share Fund - ETF Units  RPU  $ 0.0940  04/28/2017  05/05/2017  Monthly
Redwood U.S. Preferred Share Fund Non-Currency Hedged - ETF Units  RPU.B  $ 0.0940  04/28/2017  05/05/2017  Monthly
Closed-End Funds  Exchange Symbol  Distribution per unit  Record Date  Payable Date  Distribution Frequency
Canadian Investment Grade Preferred Share Fund (P2L) - Class T  RIGP.UN  $ 0.1146  04/28/2017  05/12/2017  Monthly
Canadian Investment Grade Preferred Share Fund (P2L) - Class A  unlisted  $ 0.1146  04/28/2017  05/12/2017  Monthly

About Redwood Asset Management Inc.
Redwood Asset Management is a Toronto-based investment fund manager, focused on delivering unique investment solutions managed by boutique global investment managers to Canadian investors. Redwood Asset Management is a wholly owned subsidiary of Purpose Investments Inc., which has over $3 billion in assets under management. More information about Redwood's product offerings is available at

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Contact Information:

Redwood Asset Management
Dan Rubin