While reflecting upon the first quarter of 2013, three prominent themes which really stood out to me were: the global growth pick-up associated with developments in Japan, slowly stabilizing financial conditions in Europe and the continuing economic unpredictability of China. If you are looking for some weekend reading material, please click below to read my quarterly letter where I discuss these topics in greater depth.
I also recommend you check out Micheal Yhip’s quarterly commentary as well.
Have a great weekend,
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Minimum Investment When Relying On Accredited Investor Exemption (1)
There is no regulatory minimum purchase amount requirement for investments in a Fund made by investors who qualify under the Accredited Investor
Exemption. However, the minimum initial purchase amount established by the Manager for "accredited investors" is $25,000 (or such lesser amount that
the Manager may accept from time to time).
The criteria for qualification as an "accredited investor" is defined in National Instrument 45-106 of the Canadian Securities Administrators and is
set out in the Subscription Instructions of the Investment Application.
(2) Minimum Amount Exemption (not available to individuals)
The minimum amount for an initial investment in a Fund made by an investor purchasing under the Minimum Amount Exemption is $150,000 in each
province and territory.
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Canada. The offering of units of the Arrow Capital Management Funds is made pursuant to their respective offering memorandum only to those investors
in jurisdictions of Canada who meet certain eligibility or minimum purchase requirements. Important information about the Arrow Capital Management
Funds, including a statement of each fund's fundamental investment objective, is contained in their respective offering memorandum, a copy of which
may be obtained from your dealer. Read the applicable offering memorandum carefully before investing. Unit values and investment returns will