Ridgewood Capital Asset Management Inc. to Acquire Institutional and Wealth Management Businesses From Mulvihill Capital Management Inc.

Abstract

Upon completion of the transaction contemplated by the Agreement, Ridgewood will become the manager and the trustee of the following mutual funds (each a "Fund"): Mulvihill Canadian Money Market Fund, Mulvihill Canadian Bond Fund, Mulvihill Global Equity Fund and [Mulvihill] Total Return Fund, replacing Mulvihill Fund Services Inc. In addition, Ridgewood will become the primary investment advisor of each Fund, other than Mulvihill Total Return Fund, for which Mulvihill will continue to act as the primary investment advisor.