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

TSX Symbol: RIB.UN

TORONTO, Oct. 15 /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, 2010 to Unitholders of record at the close of business on October 29, 2010. 

For further information:

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