Ridgewood Canadian Investment Grade Bond Fund Declares Monthly Distribution
for March of $0.0525 per Unit

TSX Symbol: RIB.UN

TORONTO, March 15 /CNW/ - Ridgewood Canadian Investment Grade Bond Fund (the "Fund") is pleased to announce a distribution of $0.0525 per unit. 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 no later than April 15, 2010 to Unitholders of record on March 31, 2010.

For further information: please call John H. Simpson, CFA, Managing Director, Ridgewood Capital Asset Management Inc. at [phone]