TORONTO, Jan. 11 /CNW/ - Ridgewood Capital Asset Management Inc. ("Ridgewood") announced today its intention to terminate Ridgewood Canadian Money Market Fund (the "Fund") effective March 17, 2010. 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 unitholders and assets under management in the Fund.
In accordance with applicable securities legislation, unitholders will be provided 60 days' advance written notice of the termination.
SOURCE Ridgewood Capital Asset Management Inc.
For further information: For further information: please visit us at www.ridgewoodcapital.ca or contact John H. Simpson, CFA at (416) 479-2751