Arrow EC equity Advantage Alternative Fund

   

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

Head of Research, East Coast Asset Managment SECZ

Jordanna Liu, CFA

Portfolio Manager, East Coast Asset Management SECZ

Sinan Akdeniz

President and CRO, East Coast Asset Management SECZ


How to Invest

Mutual Fund Solutions


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.

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