Arrow Capital Management Inc. Announces Management Fee Reduction

Toronto, ON

FOR IMMEDIATE RELEASE

Arrow Capital Management Inc. (“Arrow”) today announced a management fee reduction for the Exemplar Growth and Income Fund.

“We continually review our line-up to ensure our investors have access to products that are competitively priced. Investors have the opportunity to access our actively managed Exemplar Growth and Income Fund and the expertise of our portfolio management team at a lower cost,” said Mark Purdy, Managing Director & Chief Investment Officer of Arrow.