TORONTO, July 21, 2015 /CNW/ - Arrow Capital Management Inc. ("Arrow Capital") today announced a new U.S. dollar series of its Exemplar Tactical Corporate Bond Fund and Exemplar Investment Grade Fund.
With an increasing demand for U.S. dollar investments in Canada, the newly launched USD series is aimed at investors who have U.S. dollars to invest and are looking to minimize USD/CAD currency fluctuations.
The Exemplar Tactical Corporate Bond Fund is an unconstrained flexible fixed income mandate, employing a variety of credit instruments that offer compelling risk/return profiles. This total return approach balances capital appreciation and income. Fundamental credit research capability enables the Fund to take advantage of opportunities globally and mitigates exposure to rising interest rates through hedging.
The Exemplar Investment Grade Fund is intended to preserve capital in situations that will create negative performance in corporate fixed income investments and produces a stable, low risk income stream which is compelling in today's low interest rate environment. It is positioned to outperform in negative bond and equity markets and is an ideal complement to these traditional investments in a balanced portfolio.
The Funds are actively managed by Portfolio Managers Mike MacBain and Mike Swan (East Coast Fund Management Inc, sub-advisor to Arrow Capital). The team has a long history of managing fixed income portfolios through a variety of market cycles and challenging environments. Mike MacBain is a fixed income specialist with over 25 years experience in fixed income, money markets, derivatives and foreign exchange as the former President of TD Securities and Head of Global FIC (fixed income, cash, derivatives and currencies) at RBC Capital Markets. Mike Swan was an Associate Portfolio Manager and Credit Analyst at Canso Investment Counsel prior to joining East Coast Fund Management.
The U.S. dollar series of the Exemplar Tactical Corporate Bond Fund and Exemplar Investment Grade Fund are now available for purchase.
About Arrow Capital Management Inc.
Arrow Capital Management Inc. 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 has been well respected as a Canadian alternative investment company. In December of 2013, Arrow acquired BluMont Capital Corporation adding the Exemplar range of prospectus-based solutions to its platform, expanding its range of products and catering to a wider client base.
SOURCE Arrow Capital Management Inc.
For further information: For more information on Arrow Capital Management Inc. or East Coast Fund Management Inc., please visit www.arrow-capital.com or contact us at (416) 323-0477 / (877) 327-6048 or Rob Parsons at [email protected]