Exemplar
Performance
English
Fund Strategy
The Fund seeks to deliver consistent returns in varying market conditions by investing primarily in Canadian securities with proven management teams, strong cash flows and earnings growth. The Fund’s concentrated portfolio of securities is chosen from those industries that management believes offers the best opportunity for profitable returns at each stage of the economic and market cycle.
Investment Process
The Fund invests in companies with proven management ability, well-defined growth strategies and distinct competitive advantages. Management also looks for event-driven trading opportunities to augment returns. The manager has the flexibility to vary market exposure to mitigate risk.
Investor Profile
- Investors looking for capital appreciation through active management of an equity portfolio.
- Investors looking to invest in companies with proven management teams, strong cash flows and earnings growth.
- Investors who wish their portfolios to respond to varying market conditions.
- Investors able to accept a moderate level of risk.
Fund Performance
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.78 | 0.46 | 3.64 | -0.03 | 1.10 | -2.05 | 3.82 | -1.12 | 3.98 | 2.84 | 7.76 | 25.33 | |
| 2023 | 1.59 | -1.42 | -1.26 | 0.29 | -1.02 | 0.42 | 2.96 | 0.39 | -1.14 | -1.48 | 2.62 | 1.08 | 2.96 |
| 2022 | -2.27 | 4.12 | 3.14 | -2.81 | -3.02 | -6.99 | 1.95 | 0.42 | -1.22 | 0.70 | -0.39 | -0.20 | -6.85 |
| 2021 | 3.68 | 9.50 | 2.21 | 3.40 | -0.66 | 2.12 | -2.59 | 1.35 | -0.50 | 3.42 | -1.32 | -0.25 | 21.70 |
| 2020 | 3.02 | -3.75 | -11.59 | 9.99 | 4.46 | 1.58 | 3.33 | 2.12 | -1.33 | -2.74 | 4.79 | 5.52 | 14.57 |
| 2019 | 3.64 | 2.96 | 2.63 | 2.12 | 1.28 | 0.73 | 0.57 | 0.57 | -1.38 | 0.03 | 3.85 | 0.68 | 19.04 |
| 2018 | 0.98 | -0.66 | -0.07 | 0.27 | 2.17 | 0.92 | -0.10 | 1.97 | -0.77 | -6.26 | -1.01 | -3.32 | -6.00 |
| 2017 | 0.51 | 1.70 | 1.63 | 1.74 | 0.93 | -1.70 | -1.77 | 1.20 | 1.11 | 3.17 | 0.96 | 0.54 | 10.37 |
| 2016 | -2.21 | -0.52 | 1.16 | -0.43 | 1.52 | -0.39 | 2.85 | 0.92 | 0.65 | -0.54 | 0.12 | 0.58 | 3.66 |
| 2015 | 1.60 | 4.09 | 0.40 | -0.39 | 1.91 | -0.28 | 2.26 | -2.53 | -1.08 | 0.13 | 1.54 | -0.04 | 7.69 |
| 2014 | 2.43 | 1.76 | 2.67 | 0.67 | 1.47 | -2.00 | 1.88 | 1.78 | -1.62 | 9.28 |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.68 | 0.37 | 3.55 | -0.13 | 1.00 | -2.14 | 3.72 | -1.21 | 3.89 | 2.75 | 7.67 | 24.06 | |
| 2023 | 1.50 | -1.50 | -1.35 | 0.21 | -1.12 | 0.33 | 2.87 | 0.31 | -1.22 | -1.59 | 2.52 | 0.98 | 1.82 |
| 2022 | -2.37 | 4.03 | 3.04 | -2.91 | -3.10 | -7.08 | 1.86 | 0.32 | -1.17 | 0.47 | -0.48 | -0.29 | -7.89 |
| 2021 | 3.76 | 9.42 | 2.14 | 3.33 | -0.75 | 2.03 | -2.77 | 1.21 | -0.37 | 3.12 | -1.35 | -0.44 | 20.48 |
| 2020 | 2.93 | -3.83 | -11.65 | 11.05 | 4.40 | 1.56 | 3.35 | 2.07 | -1.43 | -2.89 | 3.68 | 6.42 | 14.73 |
| 2019 | 3.54 | 2.87 | 2.54 | 2.02 | 1.22 | 0.62 | 0.48 | 0.48 | -1.49 | -0.06 | 3.78 | 0.58 | 17.76 |
| 2018 | 0.88 | -0.75 | -0.15 | 0.18 | 2.11 | 0.83 | -0.22 | 1.94 | -0.86 | -6.41 | -1.10 | -3.41 | -7.04 |
| 2017 | 0.42 | 1.61 | 1.54 | 1.68 | 0.86 | -1.81 | -1.88 | 1.12 | 1.01 | 3.07 | 0.88 | 0.45 | 9.20 |
| 2016 | -2.29 | -0.62 | 1.07 | -0.52 | 1.42 | -0.47 | 2.76 | 0.82 | 0.56 | -0.64 | 0.03 | 0.49 | 2.55 |
| 2015 | 1.53 | 4.00 | 0.34 | -0.51 | 1.84 | -0.29 | 2.34 | -2.59 | -1.19 | 0.05 | 1.51 | -0.13 | 6.94 |
| 2014 | 2.34 | 1.71 | 2.61 | 0.60 | 1.38 | -1.89 | 1.83 | 1.68 | -1.60 | 8.90 |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.78 | 0.46 | 3.64 | -0.03 | 1.09 | -2.05 | 3.82 | -1.12 | 3.98 | 2.84 | 7.77 | 25.31 | |
| 2023 | 1.60 | -1.42 | -1.25 | 0.30 | -1.02 | 0.43 | 2.96 | 0.40 | -1.13 | -1.49 | 2.62 | 1.07 | 2.97 |
| 2022 | -2.29 | 4.13 | 3.13 | -2.81 | -3.02 | -6.99 | 1.95 | 0.43 | -1.06 | 0.64 | -0.39 | -0.20 | -6.77 |
| 2021 | 4.08 | 9.54 | 2.21 | 3.40 | -0.64 | 2.12 | -2.71 | 1.31 | -0.28 | 3.22 | -1.25 | -0.33 | 22.08 |
| 2020 | 3.01 | -3.74 | -11.52 | 11.26 | 4.70 | 1.57 | 3.14 | 2.10 | -1.18 | -2.73 | 3.56 | 6.51 | 15.92 |
| 2019 | 3.65 | 2.96 | 2.64 | 2.12 | 1.35 | 0.70 | 0.58 | 0.58 | -1.41 | 0.04 | 3.88 | 0.69 | 19.14 |
| 2018 | 0.99 | -0.66 | -0.06 | 0.28 | 2.22 | 0.92 | -0.12 | 2.05 | -0.77 | -6.32 | -1.00 | -3.32 | -5.94 |
| 2017 | 0.56 | 1.71 | 1.64 | 1.79 | 0.97 | -1.73 | -1.81 | 1.23 | 1.08 | 3.19 | 0.98 | 0.53 | 10.51 |
| 2016 | -2.21 | -0.52 | 1.16 | -0.42 | 1.52 | -0.38 | 2.82 | 0.93 | 0.65 | -0.54 | 0.13 | 0.56 | 3.67 |
| 2015 | -0.56 | 2.16 | 0.17 | 2.21 | -2.83 | -1.25 | 0.14 | 1.77 | -0.05 | 1.64 |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.68 | 0.38 | 3.56 | -0.13 | 1.01 | -2.13 | 3.72 | -1.20 | 3.89 | 2.75 | 7.67 | 24.14 | |
| 2023 | 1.50 | -1.50 | -1.35 | 0.21 | -1.11 | 0.34 | 2.87 | 0.30 | -1.22 | -1.58 | 2.53 | 0.99 | 1.86 |
| 2022 | -2.37 | 4.04 | 3.04 | -2.90 | -3.11 | -7.08 | 1.86 | 0.33 | -1.16 | 0.47 | -0.48 | -0.29 | -7.86 |
| 2021 | 4.05 | 9.46 | 2.15 | 3.33 | -0.76 | 2.04 | -2.94 | 1.21 | -0.24 | 3.00 | -1.34 | -0.43 | 20.70 |
| 2020 | 2.94 | -3.82 | -11.56 | 11.17 | 4.62 | 1.42 | 3.03 | 1.95 | -1.24 | -2.77 | 3.47 | 6.31 | 14.60 |
| 2019 | 3.55 | 2.88 | 2.55 | 2.03 | 1.24 | 0.62 | 0.48 | 0.49 | -1.49 | -0.05 | 3.78 | 0.59 | 17.83 |
| 2018 | 0.89 | -0.74 | -0.15 | 0.18 | 2.10 | 0.83 | -0.20 | 1.89 | -0.85 | -6.37 | -1.09 | -3.41 | -6.98 |
| 2017 | 0.46 | 1.60 | 1.54 | 1.68 | 0.85 | -1.81 | -1.87 | 1.12 | 1.02 | 3.08 | 0.88 | 0.45 | 9.27 |
| 2016 | -2.28 | -0.61 | 1.07 | -0.51 | 1.43 | -0.47 | 2.83 | 0.82 | 0.58 | -0.63 | 0.03 | 0.47 | 2.68 |
| 2015 | -0.08 | 0.11 | 1.91 | -2.93 | -1.37 | 0.05 | 1.72 | -0.14 | -0.82 |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.66 | 0.36 | 3.54 | -0.15 | 0.95 | -2.15 | 3.69 | -1.22 | 3.87 | 2.73 | 7.66 | 23.78 | |
| 2023 | 1.48 | -1.52 | -1.37 | 0.19 | -1.14 | 0.31 | 2.85 | 0.29 | -1.24 | -1.61 | 2.51 | 0.96 | 1.59 |
| 2022 | -2.39 | 4.02 | 3.01 | -2.92 | -3.14 | -7.10 | 1.84 | 0.30 | -1.19 | 0.44 | -0.50 | -0.31 | -8.13 |
| 2021 | 4.67 | 9.81 | 2.14 | 3.32 | -1.07 | 1.90 | -3.46 | 1.18 | -0.27 | 2.97 | -1.38 | -0.46 | 20.42 |
| 2020 | 2.90 | -3.85 | -11.59 | 11.15 | 4.77 | 1.29 | 3.04 | 1.99 | -1.31 | -2.87 | 3.43 | 6.27 | 14.24 |
| 2019 | 3.51 | 2.84 | 2.51 | 1.99 | 1.20 | 0.59 | 0.44 | 0.45 | -1.52 | -0.09 | 3.75 | 0.55 | 17.34 |
| 2018 | 0.85 | -0.77 | -0.18 | 0.14 | 2.09 | 0.80 | -0.26 | 1.92 | -0.89 | -6.46 | -1.13 | -3.44 | -7.38 |
| 2017 | 0.38 | 1.58 | 1.51 | 1.66 | 0.84 | -1.87 | -1.93 | 1.09 | 0.97 | 3.05 | 0.86 | 0.41 | 8.78 |
| 2016 | -2.32 | -0.65 | 1.03 | -0.55 | 1.39 | -0.50 | 2.73 | 0.79 | 0.53 | -0.67 | 0.00 | 0.46 | 2.17 |
| 2015 | -2.90 | -1.36 | 0.02 | 1.63 | -0.22 | -2.86 |
Growth of $1,000
Risk Rating
Low
Medium
High
Portfolio Details
Fund Codes
Annual distributing series**:
Series A: AHP 1200
Series F: AHP 1210
Series L: AHP 1230
Quarterly distributing series**:
Series AD: AHP 1205, 0.045 per unit
Series FD: AHP 1215, 0.051 per unit
Series LD: AHP 1235
Minimum Investment
$1,000
Management Fee
Series A: 2.00%
Series F: 1.00%
Series LL: 2.30%
Performance Fee
20% of excess over the respective index
Portfolio Advisor
Arrow Capital Management Inc.
Liquidity
Daily
Short term redemption charge
2% of NAV within the first 90 days
Registered Plan Eligibility
Eligible
Auditor
PricewaterhouseCoopers
Custodian
CIBC Mellon Trust Company
Valuation Agent
CIBC Mellon Global Securities Services
Administrator
RBC Investor Services Trust
Manager & Promoter
RBC Investor & Treasury Services
Fund Documents
Investment Managers
Chung Kim, CIM
Portfolio Manager
Chung Kim, CIM
Portfolio Manager
FUNDS:
Chung joined Arrow in April, 2020. Prior to Arrow, Chung spent 15 years in Institutional Equity Sales, with the most recent stint as Executive Director at CIBC, largely covering Canadian Alternative Managers. Chung holds a Bachelor of Science from the University of Toronto, and an MBA from the Schulich School of Business.
How to Invest
**For the Distribution Policy of the Fund please refer to the simplified prospectus.
Effective July 15, 2015, the names of Exemplar Performance Fund Series A, F, and L changed to Exemplar Performance Fund Series AD, FD and LD, respectively. Subsequently and also effective July 15, 2015, the names of Exemplar Performance Fund Series AN, FN, and LN changed to Exemplar Performance Fund Series A, F and L, respectively.
Commissions, trailing commissions, management fees, performance fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all dividends/distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in an investment fund.
The “Growth of $1,000” chart shows the final value of a hypothetical $1,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.
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 document 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 document.
For major events that may affect the performance of a fund in the last 10 years, including its participation in an amalgamation or merger with another fund or a change in its investment objectives or portfolio advisor, please refer to the “History of the Fund” section in the fund’s most recently-filed Annual Information Form.