Arrow Capital Management Inc. Announces Management Fee Reduction

TORONTO, ON, September 27, 2018

FOR IMMEDIATE RELEASE

Press Release:

Arrow Capital Management Inc. (“Arrow”) today announced a management fee reduction for the Exemplar Growth and Income Fund.

“We continually review our line-up to ensure our investors have access to products that are competitively priced. Investors have the opportunity to access our actively managed Exemplar Growth and Income Fund and the expertise of our portfolio management team at a lower cost,” said Mark Purdy, Managing Director & Chief Investment Officer of Arrow.

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Province Links go to provincial security site.	Minimum Investment When Relying On Accredited Investor Exemption (1)	Minimum Investment  Exemption (2)
Alberta	$25,000	$150,000
British Columbia	$25,000	$150,000
Manitoba	$25,000	$150,000
New Brunswick	$25,000	$150,000
Newfoundland & Labrador	$25,000	$150,000
Northwest Territories	$25,000	$150,000
Nova Scotia	$25,000	$150,000
Nunavut	$25,000	$150,000
Ontario	$25,000	$150,000
P.E.I.	$25,000	$150,000
Quebec	$25,000	$150,000
Saskatchewan	$25,000	$150,000
Yukon	$25,000	$150,000

(1) Accredited Investor Exemption

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 fluctuate.

Arrow Capital Management Funds are not guaranteed, their values change frequently and past performance may not be repeated.  ™ Arrow, Arrow Capital and Arrow Capital Management are all trademarks of Arrow Capital Management Inc. Experience. Intelligent Investing. is a trademark of Arrow Capital Management Inc. © All documents and information contained on this website are considered to be the copyright material of Arrow Capital Management Inc.

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Arrow Capital Management Inc. Announces Management Fee Reduction

FOR IMMEDIATE RELEASE

Terms of Use

(1) Accredited Investor Exemption

(2) Minimum Amount Exemption (not available to individuals)