Toronto, ON
FOR IMMEDIATE RELEASE
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Arrow Capital Management Inc. (“Arrow”) is pleased to announce that it is has completed the previously announced mergers of the below funds on a tax-deferred basis.
| Merging Funds | Continuing Funds |
|---|---|
| Arrow Long/Short Alternative Class | Arrow Long/Short Alternative Fund |
| Arrow Global Multi-Asset Alternative Class | Arrow Global Multi-Asset Alternative Fund |
| Arrow Opportunities Alternative Class | Arrow Opportunities Alternative Fund |
| Exemplar Global Growth and Income Class | Exemplar Global Growth and Income Fund |
| WaveFront Global Diversified Investment Class | WaveFront Global Diversified Investment Fund |
The Series ETF shares of Arrow Long/Short Alternative Class have been de-listed and are no longer available for purchase. The Series ETF units of Arrow Long/Short Alternative Fund (TSX: ACAA) have been approved for listing on the TSX Exchange. The Series ETF units of Arrow Long/Short Alternative Fund will be listed on the TSX Exchange and investors will be able to buy and sell Series ETF units of the Fund on the TSX Exchange or another exchange or marketplace where Series ETF units are traded through registered brokers and dealers in the province or territory where the investor resides as of the open of trading on Tuesday, June 25, 2024.
The mergers were completed on the basis of one unit was issued for each share outstanding.