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FOR IMMEDIATE RELEASE

TSX Symbol: RIB.UN

Correction: Ridgewood Canadian Investment Grade Bond Fund's Monthly Distribution for May 2015

TORONTO (June 10, 2015) - Further to the press release issued on May 15, 2015, the monthly distribution (as described below) is payable on June 15, 2015 rather than June 12, 2015, as previously indicated, to Unitholders of record at the close of business on May 29, 2015. The monthly distribution of $0.0530 per unit equates to an annualized distribution rate of 5.30% on an initial subscription price of $12.00 per unit.

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

About Ridgewood Canadian Investment Grade Bond Fund:

The Fund will seek to achieve the following investment objectives: (i) to provide unitholders with monthly cash distributions targeted to be 5.3% per annum on the original issue price of $12.00 per unit; and (ii) to maximize total returns for unitholders while preserving capital in the long term.

About Ridgewood Capital Asset Management Inc.:

Ridgewood is an independent investment manager that manages approximately $1.1 billion in assets for a diversified client base of high net worth individuals, foundations/endowments, First Nation mandates and institutional accounts, of which approximately $650 million is invested in fixed income assets.

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