Arrow EC Income Advantage Alt Fd Ser ETF (RATE)
As of October 31, 2024
(Alternative Credit Focused)
FundGrade A+® Rating recipient
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Underlying Index
Inception Return
(6/28/2021) 		5.80 % Day High/Low
 $21.20 / $21.14
YTD Return 7.10 % 52Week High/Low
 $21.25 / $19.42
    
NAVPS
(11/22/2024) 		$21.17
Change $0.02 / 0.08 %
Open / Close
(11/22/2024) 		$21.14 / $21.20
Management Fee 0.95 %
Traded Volume 2,700
Assets ($mil) $87.31
Rank (1Yr) 60/112
Std Dev (3Yr) -
Beta (3Yr) -
Volatility Ranking (3Yr) 1/10
RRSP Eligibility Yes
Open to Invest Open
Annual Dividend $0.97
Annual Yield 4.58 %
 
Objective
The investment objective of the 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 or as otherwise permitted under applicable securities legislation.
Fund Manager

Arrow Capital Management Inc.

Portfolio Manager

Mike MacBain, Arrow Capital Management Inc.

Sub-Advisor

East Coast Asset Management SEZC

 
Asset Allocation
(As of October 31, 2024)
Sector Allocation
(As of October 31, 2024)
Geographic Allocation
(As of October 31, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Westpac Banking Corp 2.89% 04-Feb-2025Cash and EquivalentsCash and Cash EquivalentUnited States7.93%
AT&T Inc 4.00% 25-Sep-2025Domestic BondsFixed IncomeCanada7.61%
Suncor Energy Inc 5.60% 17-Nov-2025Domestic BondsFixed IncomeCanada7.13%
Bank of Nova Scotia 2.95% 08-Mar-2027Domestic BondsFixed IncomeCanada6.68%
Bank of America Corp 5.56% 15-Sep-2026Domestic BondsFixed IncomeCanada6.57%
National Australia Bank Ltd 3.52% 12-Jun-2025Cash and EquivalentsCash and Cash EquivalentCanada6.51%
Bank of Montreal 4.71% 07-Nov-2027Domestic BondsFixed IncomeCanada6.48%
Canadian Imperial Bank Commrce 4.90% 02-Apr-2026Domestic BondsFixed IncomeCanada5.98%
Toronto-Dominion Bank 2.67% 09-Sep-2025Domestic BondsFixed IncomeCanada5.83%
Australia Nw Zlnd Bkng Grp Ltd 2.95% 22-Jul-2025Cash and EquivalentsCash and Cash EquivalentUnited States5.61%

Performance Data (As of October 31, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.58 1.57 3.22 7.10 10.39 6.37 -    -   
Benchmark -1.07 1.25 6.50 3.09 11.09 -0.23 0.36 2.06
Quartile Ranking 2 3 4 2 3 1 - -

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 10.01 2.21 -      -      -      -      -      -      -      -     
Benchmark 6.38 -11.46 -2.71 8.61 6.97 1.29 2.70 1.54 3.57 9.10
Quartile Ranking 1 1 - - - - - - - -

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