RIB.UN - <span class="simulate_din_font">Ridgewood Canadian Investment Grade Bond Fund Declares Monthly Distribution for October of $0.0525 per Unit</span> (CAD 0.0525)

Company: Ridgewood Cad Invest Grade Bond Fund
Stock Name: RIB.UN
Amount: CAD 0.0525
Announcement Date: 14/10/2011
Record Date: 27/10/2011

Dividend Detail:

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TSX Symbol: RIB.UN

TORONTO, Oct. 14, 2011 /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 November 15, 2011
to Unitholders of record at the close of business on October 31, 2011.

For further information:

please call John H. Simpson, CFA, Managing Director, Ridgewood Capital Asset Management Inc. at (416) 479-2751.