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TORONTO, Nov. 30,
2022 /CNW/ - Arrow Capital Management Inc. ("Arrow")
is pleased to announce the launch of its third actively managed
exchange-traded fund (ETF) series. This innovatively structured ETF
series is an additional access point to the liquid alternative
Arrow Canadian Advantage Alternative Class ("ACAA"). The ETF series
is listed on the Toronto Stock Exchange under the ticker symbol
"ACAA".
Arrow Canadian Advantage Alternative Class (TSX: ACAA)
offers investors access to a liquid alternative strategy investing
in equity, fixed income, currency and commodity markets. ACAA is
managed using a proprietary macro investment process to tactically
allocate the portfolio to the different asset classes using both
long and short positions. The ETF series is an additional series of
ACAA which has been a highly successful liquid alternative mutual
fund operating for over 10 years. Since inception in 2008, the
strategy has provided investors with superior equity returns with
lower volatility and correlation benefits making it an attractive
addition to a well-diversified investor portfolio.
"We will continue to invest to expand our product line up,
providing investors greater accessibility to our strategies" said
Mark Purdy, Managing Director &
Chief Investment Officer of Arrow. "We have entered an era where
investors are looking for better access to well-structured
investment solutions and this ETF fits that criteria."
Arrow is the manager and distributor of this liquid alternative
mutual fund. This is the second liquid alternative ETF offered to
Canadian investors by Arrow.
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 mutual funds
and liquid alternatives. Arrow is committed to continuously
providing investors with access to a wide range of investment
solutions. With over 20 years in business, Arrow is well respected
as a Canadian alternative investment company.
Commissions, management fees, performance 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.