English
Fund Strategy
The investment objective of the Arrow EC Equity Advantage Alternative Fund is to earn long-term returns and preserve capital by taking both long and short positions in a diversified portfolio of primarily North American equity securities.
To achieve the investment objective, the Fund will employ market neutral strategies by generally taking balanced long and short positions in North America equity securities combined with an index exposure, such that the Fund will generally maintain a range of 50% to 100% net long equity exposure.
Investor Profile
- Investors looking for capital appreciation through active management of an equity portfolio.
- Investors looking for long term growth.
- Investors who wish their portfolios to respond to varying market conditions.
- Investors able to accept a moderate level of risk.
Investor Benefits
- Access to a unique, systematic market neutral equity strategy developed over many years by East Coast Asset Management SEZC.
- Expected equity level returns similar to the TSX index over a cycle.
- Expected volatility to be lower than the TSX index over a cycle.
- Multiple sources of return from market neutral strategy, TSX and short term cash rate.
- Allows investors to deploy capital into both an alternative strategy and equity index with a single transaction.
Risk Rating
Low
Medium
High
Portfolio Details
Fund Codes
Series A: AHP 3100
Series F: AHP 3110
Series ETF: ADIV
Minimum Investment
$1,000
Management Fee
Series A: 1.95%
Series F: 0.95%
Performance Fee
15%
Hurdle Rate
None
Portfolio Advisor
Arrow Capital Management Inc.
Sub-Advisor
East Coast Asset Management SEZC
Liquidity
Daily
Registered Plan Eligibility
Eligible
Auditor
PricewaterhouseCoopers
Custodian
TD Securities Inc.
Valuation Agent
CIBC Mellon Global Securities Services
Administrator
RBC Investor Services Trust
Sub-Advisors
LeeAnn Janissen
Portfolio Manager, Head of Research, East Coast Asset Managment SECZ
LeeAnn Janissen
Portfolio Manager, Head of Research, East Coast Asset Managment SECZ
LeeAnn has 30 years experience with quantitative research in the capital markets. Previous activities include modeling complex derivatives with Citibank NA and TD Securities in the credit, interest rate and equity markets as well as designing and developing micro-systems solutions for trading. She is also a Lean Six Sigma Master Black Belt with experience in leading process improvement teams and initiatives. LeeAnn received her Ph.D in Particle Physics, holds a Masters of Business Administration, and is a Chartered Investment Manager (CIM).
In her current role, Dr. Janissen designs the trading system architecture and develops systematic trading strategies.
LeeAnn is an enthusiastic early adopter of new technologies and has a keen interest in unleashing the potential that new technical solutions can bring to improving systems and outcomes.
Jordanna Liu, CFA
Portfolio Manager, East Coast Asset Management SECZ
Jordanna Liu, CFA
Portfolio Manager, East Coast Asset Management SECZ
Jordanna joined East Coast in 2018 as a Research Analyst. Before joining ECFMI, Jordanna had several co-op experiences in capital markets, quantitative research and technology roles
Jordanna earned a Bachelor of Business Administration from Wilfred Laurier University and a Bachelor of Computer Science from University of waterloo. She is also a CFA charterholder since 2021, and her OSC advising representative registration in 2023. In her current position, Jordanna is responsible systems automation and equity trading.
How to Invest
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
The risk level of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund’s historical volatility as measured by the 10-year standard deviation of the fund’s returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating. Please note that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.
This information on this site is provided as a general source of information and should not be considered personal, legal, accounting, tax or investment advice, or an offer or a solicitation to buy or sell securities. Every effort has been made to ensure that the material contained herein is accurate at the time of publication. Market conditions may change which may impact the information contained in this site.