TORONTO, Dec. 27, 2017 (GLOBE NEWSWIRE) -- Redwood Asset Management Inc. (“Redwood”) today announced changes to the risk rating of three of its funds effective immediately.

These changes are the result of the implementation of the standardized risk classification methodology pursuant to National Instrument 81-102 – Investment Funds and are not a result of any changes to the investment objectives, strategies or management of the funds.

Please consult your advisor and read the simplified prospectus or ETF facts of the applicable fund before investing.

About Redwood Asset Management Inc.

Redwood Asset Management Inc. 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 Inc. is a wholly owned subsidiary of Purpose Investments Inc., which has over $4.9 billion in assets under management. More information about Redwood’s product offerings is available at www.redwoodasset.com.

CONTACT INFORMATION

Redwood Asset Management Inc.
Peter Shippen, President and CEO
T: 1.877.789.1517
Email: invest@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.