Arrow EC Income Advantage Alternative Fund Series F
AHP3010

  • NAV
    11.59
  • TODAY'S CHANGE (%)
    0.00 (0.03%)
  • Investment Style
    ---
  • 52 Week Range
    11.06
    11.66
  • Distribution Yield
    7.13%
  • MER
    3.05
  • AUM
    ---
  • RRSP Eligibility
    Yes
  • Load Type
    No Load
  • Overall Morningstar Rating
    Not Ratedout of funds

Search Criteria

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CompanyCountrySymbol

Performance

Graph. See accessible table below

Analyst Report

No reports available

Calendar Year Total Returns

YearFundBest-Fit IndexCategory
As of 2024-10-31
2023
+10.03%
+6.69%
---
2022
+2.26%
-11.69%
---
2021
+2.13%
-2.54%
---
2020
---
+8.68%
---
2019
---
+6.87%
---

Holdings Diversification

Asset Class
Fixed Income		152.6%
Other		2.0%
Int'l Equity		0.3%
CDN Equity		0
US Equity		0
Cash		-54.9%
Sectors
No data available
Geographic Region
No data available
As of 2024-11-12

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
Canada (Government of) 1.25%
Short
36.3%
+30.06%
$-299.6M
Canada (Government of) 1%
Short
29.5%
+2.33%
$-243.8M
Canada (Government of) 4%
Short
21.3%
-7.43%
$-176.1M
Canada (Government of) 2.75%
Short
18.1%
-9.93%
$-149.1M
Canada (Government of) 0.5%
Short
16.0%
-24.68%
$-132.4M
Canada (Government of) 0.25%
Short
15.0%
-30.41%
$-123.4M
United States Treasury Notes 3.875%
Short
12.0%
---
$-98.9M
Canada (Government of) 3.25%
Short
8.9%
+26.52%
$-73.8M
Westpac Banking Corp. 2.894%
Long
8.0%
0.00%
$66.3M
AT&T Inc 4%
Long
7.7%
+14.25%
$63.6M
As of 2024-11-12
Fund Profile
Best Fit Index
---
Category
Alternative Credit Focused
Sponsor
East Coast Fund Management Inc.
Inception
June 26, 2020
As of 2024-10-31

The investment objective of Arrow EC Income Advantage Alternative Fund is to generate income and preserve capital by investing in a diversified portfolio of primarily North American investment grade corporate bonds. The Fund will use leverage. The leverage will be created through the use of cash borrowings, short sales and derivative contracts. The Fund’s leverage shall not exceed the limits on the use of leverage described in the “Investment Strategies” section in this Simplified Prospectus or as otherwise permitted under applicable securities legislation. To achieve the investment objectives, the Fund will invest primarily in investment grade debt securities of North American corporate and government issuers that are rated BBB- or higher by a recognized rating agency. The Fund may also include non-investment grade debt securities and may invest in other asset classes if warranted by financial conditions.

Holding Details
Total Net Assets$222.4M
Annual Portfolio Turnover415.90%
Equity Style
---
Credit Quality / Duration
Short Duration/Low Quality
Tax-Adjusted Rating
Not Rated
FUND IS OPEN TO NEW INVESTORS
Initial Investment(s)$1,000
Subsequent Investment(s)$100
Initial RRSP Investment(s)$1,000
Subsequent RRSP Investment(s)$100
Fees & Expenses
Maximum Initial Sales Fees---
Maximum Deferred Sales Fees---
Actual Management Fee0.95%
Actual Mgmt. Expense Ratio (MER)3.05%
Load TypeNo Load

Morningstar Ratings

Time HorizonStar Rating
Tax-Adjusted Rating
OverallNot Rated---
3 YearNot Rated---
5 YearNot Rated---
10 YearNot Rated---
As of 2024-10-31

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

Management & Contact

Contact Information

East Coast Fund Management Inc.
36 Toronto Street, Suite 3206
Toronto ON Canada M5C 2C5
Tel: 416-323-0477
Fax: 877-306-2020
Portfolio Manager since May 18, 2020
Mike McBain