East Coast Investment Grade II

Fund Strategy

The Fund seeks attractive risk-adjusted returns while preserving capital through a credit-focused, fixed-income investment mandate.

Investment Process

The Fund focuses on investment grade bonds primarily in Canada and employs a macro overlay to enhance returns and reduce volatility. With their extensive experience in the banking and financial services market in Canada, the Fund’s managers are uniquely positioned to trade existing bonds and new issuances. They are capable of mitigating interest rate risk using proven hedging strategies.

Investor Profile

  • Conservative investors who are seeking monthly income with deferred tax and with the potential for additional capital appreciation.
  • Investors looking for an actively managed conservative bond portfolio to complement a traditional long-only stock and bond portfolio

Monthly Commentaries

January 2020
December 2019
November 2019





 

 

Portfolio Managers

Mike MacBain
Founding Partner & Chief Investment Officer, East Coast Fund Management

How to Invest

Alternative Solutions

Fund Overview

Fund Overview: 

Fund Overview

Fund Performance

Fund Performance: 
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2020 1.18 - - - - - - - - - - - 1.18
2019 2.19 1.22 0.47 1.63 0.64 0.71 1.46 -0.81 0.97 0.50 0.80 1.03 11.33
2018 1.46 0.23 -0.20 0.85 0.23 0.44 0.48 0.80 0.28 0.12 -1.33 -0.90 2.47
2017 1.55 1.29 0.67 0.98 -0.49 0.74 0.87 0.17 1.03 1.25 1.16 -0.03 9.56
2016 -2.13 0.15 4.76 3.59 0.31 0.00 0.95 1.54 0.70 1.46 0.85 1.22 14.08
2015 -0.59 0.60 0.38 0.43 0.23 -0.60 -0.64 -1.41 -0.65 0.72 0.87 -1.79 -2.46
2014 0.81 0.84 0.44 0.06 0.12 0.36 0.11 -1.17 -0.08 -0.62 0.17 -0.87 0.14
2013 - - - 0.13 0.55 -0.95 0.81 0.29 0.23 0.52 0.63 0.08 2.31

Growth of $100,000

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Risk Bar Description: 
Risk Rating

Portfolio Details

Fund Codes
A Class: AHP 190
F Class: AHP 198
U Class (USD): AHP 196
G Class (USD): AHP 195

Management Fee
A Class: 1.75%
F Class: 1.0%
U Class: 1.75%
G Class: 1.0%

Performance Fee
None

Purchases
Weekly

Liquidity
Monthly with 10 business days notice

Prime Broker
TD Securities Inc.

Auditor
PricewaterhouseCoopers

Administrator
RBC Investor & Treasury Services

^ Minimum Investment for accredited investors is $25,000
^ Minimum Investment for non-accredited corporate purchases is $150,000

 

Source: Arrow Capital Management Inc./Morningstar, 2019

Fund inception date is April 1, 2013.

Commissions, trailing commissions, management, performance and other fees may be associated with this investment. Investors should read the offering memorandum before investing. Unless otherwise stipulated returns are for Class F units in Canadian funds. Except as otherwise noted returns are historical compounded total returns including changes in the unit value and reinvestment of all dividends or distributions and do not take into account the sales, redemption, distributions or optional charges or income tax payable by the investor that may affect the compound growth rate and are not intended to reflect the future value of the fund. Past performance may not be repeated. Offering of units in this fund are made pursuant to the Confidential Offering Memorandum (OM) only to those investors who meet certain eligibility or minimum purchase requirements. Important information, including this fund’s fundamental investment objective is contained in the OM which may be obtained from Arrow Capital Management Inc.