TD Securities Inc. acted as the fund’s agent
Fund targets 5.25% annual return
Unitholders of Ridgewood Canadian Bond Fund have approved a change in the investment objective of the fund, Ridgewood Capital Asset Management Inc. said Thursday.In accordance with the new investment objective, the fund will now be permitted to invest in corporate bonds with a minimum rating of “BBB” (or its equivalent), rather than “A”. The change […]
Meeting to approve investment objective change to reconvene March 25
Fund closed to new purchases
Ridgewood Capital Asset Management Inc. plans to terminate Ridgewood Global Equity Fund, effective April 30, the company announced Friday.As a result, the investment activities of the fund will be suspended and, effectively immediately, the fund will be closed to new purchases of units.“This decision was made primarily as a result of the small number of […]
Former Mulvihill employees John Simpson and Paul Meyer buy half the firm, set up own shop
New names for four Mulvihill funds