Arrow Capital Management Inc. Targets February 28th, 2025, To Close Arrow EC Income Advantage Alternative Fund To Investors, Sub-Advised by East Coast Asset Management SEZC

Toronto, ON

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Arrow Capital Management Inc. (“Arrow Capital”) announced a target closing date for Arrow EC Income Advantage Alternative Fund (the “Fund”) of February 28th, 2025, or a target asset level of C$1Billion. The Fund, advised by East Coast Asset Management SEZC (“East Coast”), appeals to fixed income investors seeking monthly income with low-interest rate dura􀆟on and portfolio diversification benefits.

“We are very happy with our partnership with East Coast, who have done a great job in the fixed income Investment Grade space in Canada. Based on our joint success, we are approaching our capacity target
of $1Billion” says Mark Purdy, Chief Investment Officer of Arrow Capital. “Over the past three years the
fund’s assets have grown significantly and have con􀆟nued to provide a􀆩rac􀆟ve risk-adjusted returns”.
The target of C$1Billion is the largest capacity raise reached by Arrow Capital, although the strategy itself
is not being closed. The ETF series of the Fund will continue to trade on the TSX (TSX: RATE) and be open
for creations and redemptions.

The investment objective of the Fund is to generate attractive risk-adjusted returns with low volatility in
all interest rate environments. Unlike traditional fixed income strategies, the Fund maintains attractive
exposure to a diversified portfolio of Canadian investment grade corporate bonds, seeking to eliminate
the interest rate risk associated with such bonds. “Our partnership with Arrow Capital dates back to
2011, and we are very pleased to celebrate this successful milestone with them. We con􀆟nue to manage
our overall firm assets with a focus on providing solid, risk adjusted returns to our investors”, stated Mike
MacBain, founder and CEO of East Coast.

About Arrow Capital Management Inc: Arrow Capital is an employee-owned company, founded in 1999.
Arrow Capital’s expertise in active portfolio management and manager selection is evident in its strong,
diverse platform, which provides clients with access to a global selection of actively managed mutual
funds, liquid alternatives funds and ETFs. Arrow Capital is committed to continuously providing investors
with access to a wide range of investment solutions. With over 20 years in business, Arrow Capital is well
respected as a Canadian alternative investment company.

About East Coast Asset Management SEZC: Founded by Mike MacBain, who serves as CEO and CIO. East
Coast has established itself as a prominent player in the alterna􀆟ve fixed income space. With the aim of
providing high net worth individuals the ability to maximize risk-adjusted returns of investment grade
credit while removing exposure to interest rates. The por􀆞olio management team at East Coast has over
100 years of experience combined in financial services and has been a sub-advisor to Arrow Capital
funds since 2011.