Arrow EC Income Advantage AlternativeETF (RATE.TO)
21.02
+0.01
(+0.05%)
CAD |
TSX |
May 10, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 3.08% | 0.28% | 623.34M | 3894.87 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 4.62% | 415.9% | 167.21M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment objective of the fund is to generate income and preserve capital by investing in a diversified portfolio of primarily North American investment grade corporate bonds.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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Credit Focused |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Long/Short Credit |
| YCharts Categorization | Credit |
| YCharts Benchmark | Bloomberg US Credit (^BBUSCRTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Arrow Capital Management Inc |
| Prospectus Benchmark Index | |
| FTSE Canada Universe Bond | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Mike McBain | 3.96 yrs |
Performance Versus Category
As of May 10, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 10, 2024.
Basic Info
| Investment Strategy | |
| The investment objective of the fund is to generate income and preserve capital by investing in a diversified portfolio of primarily North American investment grade corporate bonds.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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Credit Focused |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Long/Short Credit |
| YCharts Categorization | Credit |
| YCharts Benchmark | Bloomberg US Credit (^BBUSCRTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Arrow Capital Management Inc |
| Prospectus Benchmark Index | |
| FTSE Canada Universe Bond | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Mike McBain | 3.96 yrs |