Exemplar Funds refile management reports of fund performance

TORONTO, June 25, 2014 /CNW/ - Arrow Capital Management Inc. (the "Manager") the Manager of Exemplar Canadian Focus Portfolio, Exemplar Diversified Portfolio, Exemplar Leaders Fund and Exemplar Yield Fund (together, the "Funds"), today announced that it has re-filed the Funds' respective annual management reports of fund performance (together, the "MRFPs") for the year ended December 31, 2013.  The MRFP of the Exemplar Leaders Fund has been revised to include the annual total returns for 2007 and 2008, which were +26.83% and -37.51%, respectively for the Class A Units and +27.73% and -37.08%, respectively for the Class F Units.  The MRFP of the Exemplar Canadian Focus Portfolio has been revised to include the annual total return for 2008, which was +5.12% for the Class A Units and +5.67% for the Class F Units.  The returns were inadvertently omitted from the original MRFPs.  The MRFPs for each of the Funds have also been revised to remove certain fund performance that does not comply with the standard performance periods specified in National Instrument 81-106.

Copies of the MRFPs are available through SEDAR at www.sedar.com and through the Manager's website at www.exemplarfunds.com.

SOURCE: Arrow Capital Management Inc.

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