Arrow Long/Short Alt Cl ETF (DELISTED) (ACAA.TO:DL)
20.60
+0.29
(+1.43%)
CAD |
TSX |
Jun 27, 11:01
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.15% | -0.89% | 127.15M | -- |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
0% | 1.08K% | -21.96M | Upgrade |
Basic Info
Investment Strategy | |
The investment objective of Arrow Long/Short Alternative Fund is to achieve superior capital appreciation over both short and long term horizons primarily through the selection and management of a concentrated group of long and short positions in Canadian equity securities and equity derivative securities. 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. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | -- |
Broad Category | Alternative |
Category Name | Alternative Equity Focused |
Category Index | Morningstar CAD O/N Cash GR CAD |
Global Category Name | Long/Short Equity |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | -- |
Fund Owner Firm Name | Arrow Capital Management Inc |
Prospectus Benchmark Index | |
S&P/TSX Composite TR | 100.0% |
Broad Asset Class Benchmark Index | |
^SPTSX60TR | 100.0% |
Manager Tenure | |
Jim McGovern | 9.25 yrs |
Ahson Mirza | 6.34 yrs |
Chung Kim | 3.92 yrs |
Performance Versus Category
As of June 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 24, 2024.
Basic Info
Investment Strategy | |
The investment objective of Arrow Long/Short Alternative Fund is to achieve superior capital appreciation over both short and long term horizons primarily through the selection and management of a concentrated group of long and short positions in Canadian equity securities and equity derivative securities. 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. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | -- |
Broad Category | Alternative |
Category Name | Alternative Equity Focused |
Category Index | Morningstar CAD O/N Cash GR CAD |
Global Category Name | Long/Short Equity |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | -- |
Fund Owner Firm Name | Arrow Capital Management Inc |
Prospectus Benchmark Index | |
S&P/TSX Composite TR | 100.0% |
Broad Asset Class Benchmark Index | |
^SPTSX60TR | 100.0% |
Manager Tenure | |
Jim McGovern | 9.25 yrs |
Ahson Mirza | 6.34 yrs |
Chung Kim | 3.92 yrs |