Redwood Announces the Termination of TIS Preservation and Growth Fund
ID: 358328
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 12/09/14 -- Redwood Asset Management Inc. announces the termination of the TIS Preservation and Growth Fund (the "Fund") on or about December 27, 2014.
Redwood has sold the last remaining private position in the Fund, after seeking a buyer for that position since halting sales and redemptions of the Fund in 2010. The Fund has received a cash payment in exchange for the Fund's preferred shares in its remaining private position, which is been distributed to unitholders. Unitholders of the Fund have now received a final cash distribution estimated at CAD $0.18 per unit.
Contacts:
Redwood Asset Management Inc.
Peter Shippen
President
(416) 304-6811
(416) 368-1608 (FAX)
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 09.12.2014 - 21:13 Uhr
Sprache: Deutsch
News-ID 358328
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Investment Services & Trading
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"Redwood Announces the Termination of TIS Preservation and Growth Fund"
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