Effective immediately, the Redwood Asset Management brand has been retired.
You've been re-directed to Purposeinvest.com as we've united the best of both our quantitative and managed strategies under the Purpose Investments brand in order to simplify our product mix for you and your clients.
Redwood Fund & Name Changes
Lowered fees for a number of funds
Executed mergers for funds with similar mandates
Launched new ETF classes for a number of funds
Enhanced and improved the strategies of certain products
We appreciate that change is sometimes unsettling to clients, so we want to reassure you that we are doing everything possible to minimize the disruption and ensure that you have all the relevant information you need to fully understand all the changes. We truly value the trust you’ve placed in us, and we will continually strive to keep that trust. For your convenience, the table below sets out the relevant name changes, with links to the new fund pages on the Purpose Investments website.
|Category||Current Name of Fund||New Name of Fund||ETF Ticker||Effective Date||Lead Portfolio Manager/Subadvisor||Fund Structure|
|Fixed income||Redwood Canadian Preferred Share Fund||Purpose Canadian Preferred Share Fund||RPS||June 18, 2018||Sandy Liang||Trust|
|Redwood Credit Opportunities Fund||Purpose Credit Opportunities Fund||--||June 18, 2018||Sandy Liang||Trust|
|Redwood Energy Credit Fund||Purpose Energy Credit Fund||PCF||June 18, 2018||Sandy Liang||Trust|
|Redwood Floating Rate Income Fund||Purpose Floating Rate Income Fund||FLOT.UN||June 18, 2018||Neuberger Berman||Trust|
|Redwood Strategic Yield Fund||Purpose Strategic Yield Fund||SYLD||April 5, 2018||Sandy Liang||Trust|
|Redwood US Preferred Share Fund||Purpose U.S. Preferred Share Fund||RPU||May 2, 2018||Nuveen Asset Management||Trust|
|Redwood Tactical Credit Fund||Purpose Managed Duration Investment Grade Bond Fund||IGB||June 21, 2018||Sandy Liang||Class|
|Equity income||Australian Banc Income Fund||Purpose Global Financials Income Fund||PFG||June 18, 2018||Greg Taylor||Trust|
|Redwood Core Income Equity Fund||Purpose Core Equity Income Fund||RDE||June 18, 2018||Richardson GMP||Class|
|Redwood Emerging Markets Dividend Fund||Purpose Emerging Markets Dividend Fund||REM||June 18, 2018||Sandy Liang||Trust|
|Redwood Income Growth Class||Purpose Canadian Income Growth Fund||--||June 18, 2018||Stonecastle Investment Management||Class|
|Redwood MLP & Infrastructure Income Fund||Purpose MLP & Infrastructure Income Fund||--||May 2, 2018||OFI Steelpath||Class|
|Equity growth||Redwood Behavioural Opportunities Fund||Purpose Behavioural Opportunities Fund||BHAV||June 18, 2018||Richardson GMP||Class|
|Redwood Equity Growth Class||Purpose Canadian Equity Growth Fund||--||June 18, 2018||Stonecastle Investment Management||Class|
|Redwood Global Opportunities Fund||Purpose Global Innovators Fund||PINV||April 5, 2018||Greg Taylor||Class|
|Marijuana Opportunities Fund||Purpose Marijuana Opportunities Fund||MJJ||June 18, 2018||Greg Taylor||Trust|
|Redwood Resource Growth & Income Fund||Purpose Global Resource Fund||--||May 2, 2018||Norm Lamarche||Class|
|Redwood Select Equity Fund||Purpose Select Equity Fund||--||June 18, 2018||Greg Taylor||Trust|
|Redwood Special Opportunities Fund||Purpose Special Opportunities Fund||--||May 2, 2018||Norm Lamarche||Class|
|Pension portfolios||Redwood High Income Fund||Purpose Multi-Asset Income Fund||PINC||April 5, 2018||Greg Taylor||Trust|
|Redwood Pension Class||Purpose Pension Portfolio Fund||--||June 18, 2018||Greg Taylor||Class|
|Redwood Tactical Asset Allocation Fund||Purpose Tactical Asset Allocation Fund||RTA||June 18, 2018||Richardson GMP||Class|
|Alternative strategies||Silver Bullion Trust||Purpose Silver Bullion Fund||SBT||June 18, 2018||Purpose Investments||Trust|
Thank you for your continued support and patience, and if you have any additional questions or require any additional support, please do not hesitate to contact a member of our team.