Arrow Capital Management Inc. Launches Another Liquid Alternative Fund Including An ETF Series

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 the launch of Arrow EC Equity Advantage Alternative Fund (the “Fund”). The Fund is available both through FundSERV and as an actively managed exchange-traded fund (“ETF”) series. The ETF series is listed on the Toronto Stock Exchange under the ticker symbol “ADIV” and started trading today.