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Redwood Asset Management Inc. Announces April Distributions

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 www.redwoodasset.com.

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.