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TORONTO, Dec. 1, 2017 /CNW/ - Arrow Capital Management Inc. ("Arrow") is pleased to announce the launch of its first actively managed bond exchange-traded fund (ETF) series. This innovatively structured ETF series is an additional access point to the Exemplar Investment Grade Fund (the "Fund"). Units of the ETF will begin trading today on the Toronto Stock Exchange ("TSX") under the ticker symbol CORP.
The Exemplar Investment Grade Fund (TSX:CORP) offers investors a strategic investment opportunity in the current low rate environment by removing interest rate exposure of corporate bonds; thereby protecting investors from capital losses due to rising rates. The Fund is a credit strategy that seeks to generate attractive risk-adjusted returns with low volatility and a focus on capital preservation.
"We want to provide investors with greater accessibility to our bond products" said Mark Purdy, Managing Director & Chief Investment Officer of Arrow. "The new ETF offering complements our existing line up and allows investors to choose a product that best fits their needs".
Arrow is the trustee, manager and promoter of the Fund. East Coast Fund Management Inc. ("East Coast") is the portfolio advisor and actively manages the Fund.
About Arrow Capital Management Inc.
Arrow is an employee-owned company, founded in 1999. Arrow's expertise in active portfolio management and manager selection is evident in its strong, diverse platform, which provides clients with access to a global selection of actively managed investment funds. Arrow is committed to continuously providing investors with access to a wide range of investment solutions. With over 15 years of service, Arrow is well respected as a Canadian alternative investment company.
About East Coast Fund Management Inc.
East Coast was founded in 2009 with the aim of providing high net worth individuals the ability to maximize risk-adjusted returns of investment grade credit while removing exposure to interest rates. The portfolio management team at East Coast has a combined 100 years of financial services experience. East Coast has been a sub-advisor to Arrow since 2010.
Commissions, management fees and expenses may all be associated with investments in ETF series. Please read the prospectus and ETF facts before investing. Performance of mutual funds that offer ETF series are not guaranteed, their values change frequently and past performance may not be repeated.
SOURCE Arrow Capital Management Inc.
For further information: Arrow Capital Management Inc., please visit www.arrow-capital.com or contact us at (416) 323-0477 / (877) 327-6048 or contact your financial advisor.