Ridgewood Canadian Investment Grade Bond Fund Declares Monthly Distribution
for July of $0.0525 per Unit

TSX Symbol: RIB.UN

TORONTO, July 15 /CNW/ - Ridgewood Canadian Investment Grade Bond Fund is pleased to announce that a cash distribution of $0.0525 per unit has been declared. The monthly distribution equates to an annualized distribution rate of 5.25% on an initial subscription price of $12.00 per unit. The distribution is payable on August 15, 2010 to Unitholders of record at the close of business on July 30, 2010.

SOURCE Ridgewood Canadian Investment Grade Bond Fund

For further information: For further information: John H. Simpson, CFA, Managing Director, Ridgewood Capital Asset Management Inc. at (416) 479-2751


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