The Canadian investment fund industry lost one of its most successful pioneers with the passing of John Wood. John was the inspirational leader and CEO of the highly successful 20/20 group of funds. 20/20 Group Financial was a subsidiary of Connor, Clark & Lunn that was started in 1986 – the same year I helped start BPI Financial. He grew the firm from $0 in AUM to over $4billion before eventually selling it to AGF in 1995. After establishing and selling another startup-firm, John went on to become CEO of Financial Concepts Group. He grew that investment planning firm from$3.9 to $6.8 billion in just three years before it was sold to Assante Financial, now a division of CI Financial.
John is well known for winning the silver medal in canoeing at the 1976 Olympic Games in Montreal. His drive and determination clearly set him apart from an early age and was evident his entire life.
John had an incredibly loyal group of executives and staff and was a born leader. Like all good leaders, he translated that success into foundation and charity work later in his life. All of he folks I know remember him as a wonderful person with a great temperament and as a wonderful role model.
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.
Disclaimer: Information about the Arrow Capital Management Funds is not to be construed as a public offering of securities in any jurisdiction of
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