(MENAFNEditorial) TORONTO, Feb. 16, 2018 (GLOBE NEWSWIRE) -- Redwood Asset Management Inc. is pleased to announce the following distributions for the month of February 2018. The ex-distribution date is February 27, 2018.

Open-End Funds Ticker
Symbol Distribution
per
share/unit Record
Date Payable
Date Distribution
Frequency Redwood Canadian Preferred Share Fund – ETF Units RPS $ 0.0950 02/28/2018 03/07/2018 Monthly Redwood Core Income Equity Fund – ETF Series RDE $ 0.06801 02/28/2018 03/07/2018 Monthly Redwood U.S. Preferred Share Fund – ETF Units RPU $ 0.0940 02/28/2018 03/07/2018 Monthly Redwood U.S. Preferred Share Fund Non-Currency Hedged – ETF Units2 RPU.B / RPU.U $ 0.0940 02/28/2018 03/07/2018 Monthly Redwood Emerging Markets Dividend Fund – ETF Units REM $ 0.0403 02/28/2018 03/07/2018 Monthly Redwood Energy Credit Fund – ETF Units PCF $ 0.0350 02/28/2018 03/07/2018 Monthly Redwood Energy Credit Fund – Non-Currency Hedged USD Option - ETF Units PCF.U US$ 0.0359 02/28/2018 03/07/2018 Monthly

Closed-End Funds Ticker
Symbol Distribution
per unit Record
Date Payable
Date Distribution
Frequency Canadian Investment Grade Preferred Share Fund (P2L) – Class T RIGP.UN $ 0.1146 02/28/2018 03/14/2018 Monthly Canadian Investment Grade Preferred Share Fund (P2L) – Class A unlisted $ 0.1146 02/28/2018 03/14/2018 Monthly Redwood Energy Income Fund AOG.UN $ 0.01125 02/28/2018 03/14/2018 Monthly Redwood Advantage Monthly Income Fund AV.UN $ 0.0350 02/28/2018 03/14/2018 Monthly Redwood Monthly Income Fund VIP.UN $ 0.0350 02/28/2018 03/14/2018 Monthly Redwood Low Volatility High Income Fund LOW.UN $ 0.0500 02/28/2018 03/14/2018 Monthly Redwood Floating Rate Bond Fund - Class A IFL.UN $ 0.0500 02/28/2018 03/14/2018 Monthly Redwood Floating Rate Bond Fund – Class U unlisted US$ 0.0500 02/28/2018 03/14/2018 Monthly Redwood Floating Rate Income Fund – Class A ISL.UN $ 0.0417 02/28/2018 03/14/2018 Monthly Redwood Floating Rate Income Fund - Class U ISL.U US$ 0.0417 02/28/2018 03/14/2018 Monthly

(1) Dividend is designated as an 'eligible' Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
(2) Redwood U.S. Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date.

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 $4.9 billion in assets under management. More information about Redwood's product offerings is available at .

CONTACT INFORMATION

Redwood Asset Management
Peter Shippen
President & CEO
T: 1.877.789.1517

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.

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