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Redwood Monthlyome Fund (TSX:VIP.UN) Altman Z-Score


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What is Redwood Monthlyome Fund Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


Redwood Monthlyome Fund (TSX:VIP.UN) Business Description

Traded in Other Exchanges
N/A
Address
130 Adelaide Street West, Suite 1700, P.O. Box 83, Toronto, ON, CAN, M5H 3P5
Redwood Monthly Income Fund is a balanced mutual fund. The company provides a high level of income through receipt of monthly distributions. The company invests in a diversified portfolio of high-income investments. The company also invests in dividend-paying equity securities, as well as fixed income securities.