Ridgewood Capital Asset Management Inc. announces result of adjourned special
meeting of Ridgewood Canadian Bond Fund

TORONTO, March 25 /CNW/ - Ridgewood Capital Asset Management Inc., the manager and trustee of Ridgewood Canadian Bond Fund (the "Fund"), announced today that at a special meeting of the Fund, unitholders approved a change in investment objective of the Fund. 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 will take effect after the close of business today.

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


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