Arrow Capital Management Inc. Announces Sub-Advisor Update

Toronto, ON

FOR IMMEDIATE RELEASE

Arrow Capital Management Inc. (“Arrow”), the manager of the East Coast Investment Grade Income Fund (TSX:ECF.UN) (“ECF”) and Exemplar Investment Grade Fund (the “Funds”), including the ETF Series (TSX:CORP), announced that Mike MacBain and his investment team, who provide sub-advisory services for Funds on the Arrow platform will be moving to the Cayman Islands.  They have established a Cayman resident investment manager, East Coast Asset Management SEZC (“ECAM”).