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Redwood Asset Management Inc. Announces May Distributions

TORONTO, ON--(Marketwired - May 19, 2017) - Redwood Asset Management Inc. is pleased to announce the following distributions for the month of May. The ex-distribution date is May 29, 2017.

                                                                            
----------------------------------------------------------------------------
                            Distribution Record Date   Payable              
Open-End Funds     Exchange      per                    Date    Distribution
                    Symbol   share/unit                           Frequency 
----------------------------------------------------------------------------
Redwood Floating                                                            
 Rate Preferred      RPS      $ 0.0840    05/31/2017 06/07/2017    Monthly  
 Fund - ETF Units                                                           
----------------------------------------------------------------------------
Redwood U.S.                                                                
 Preferred Share     RPU      $ 0.0940    05/31/2017 06/07/2017    Monthly  
 Fund - ETF Units                                                           
----------------------------------------------------------------------------
Redwood U.S.                                                                
 Preferred Share                                                            
 Fund Non-          RPU.B     $ 0.0940    05/31/2017 06/07/2017    Monthly  
 Currency Hedged                                                            
 - ETF Units                                                                
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
                   Exchange Distribution Record Date   Payable  Distribution
Closed-End Funds    Symbol    per unit                  Date      Frequency 
----------------------------------------------------------------------------
Canadian                                                                    
 Investment Grade                                                           
 Preferred Share   RIGP.UN    $ 0.1146    05/31/2017 06/14/2017    Monthly  
 Fund (P2L) -                                                               
 Class T                                                                    
----------------------------------------------------------------------------
Canadian                                                                    
 Investment Grade                                                           
 Preferred Share   unlisted   $ 0.1146    05/31/2017 06/14/2017    Monthly  
 Fund (P2L) -                                                               
 Class A                                                                    
----------------------------------------------------------------------------
                                                                            

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.

CONTACT INFORMATION
Redwood Asset Management
Peter Shippen
President & CEO
T: 416.304.6811
invest@redwoodasset.com

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

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