Upload
others
View
1
Download
0
Embed Size (px)
Citation preview
OVERVIEW | As of 5/31/2019
Portfolio Manager
Veronika Hirsch
Portfolio Manager
Jim McGovern
Mr. McGovern founded Arrow Capital Management in 1999, bringing over 30 years of related experience. Previously he was President and Chief Executive Officer at BPI Financial Corporation (Canada).
A senior Portfolio Manager with Arrow Capital, Veronika Hirsch is a highly regarded Canadian equity manager with over 25 years investment experience. She makes frequent appearances on BNN and other business media outlets. Previously, Ms. Hirsch was Chief Investment Officer at BluMont where she was Portfolio Manager of various Exemplar Funds. Ms. Hirsch co-founded Integrated Asset Management Corp., and served as a Vice President and Portfolio Manager at AGF and Fidelity Management. She began her career as a Portfolio Trader at Prudential, later rising to Vice President and Portfolio Manager. Ms. Hirsch holds a Bachelor of Commerce degree from McGill University and is a fellow of the Life Management Institute.
Series
A
LL
F
Currency
CAD
CAD
CAD
Fund Code
AHP 1000
AHP 1030
AHP 1010
Performance StatisticsTime Period: 6/1/2008 to 5/31/2019
Fund A Class S&P/TSX TR
Cumulative ReturnAnnualized ReturnStd DevAlphaBetaCorrelationUp Capture RatioDown Capture RatioMax DrawdownSharpe RatioSortino Ratio
138.228.217.536.020.350.60
60.6922.89
-14.320.971.62
51.333.84
12.990.001.001.00
100.00100.00-43.35
0.290.39
Risk Rating
The Fund seeks to deliver consistent returns by investing in a portfolio of Canadian equity securities chosen from those industries that management believes offers the best opportunity for profitable returns at each stage of the economic and market cycle.
Investment GrowthTime Period: 5/21/2008 to 5/31/2019
2009 2011 2013 2015 2017 2019500.0
750.0
1,000.0
1,250.0
1,500.0
1,750.0
2,000.0
2,250.0
2,500.0
Arrow Canadian Advantage Alt Cl A 2,385.7 S&P/TSX Composite TR 1,481.3 Canada Fund Canadian Equity 1,430.1
Trailing Returns1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr ITD
Arrow Canadian Advantage Alt Cl A
S&P/TSX Composite TR
1.17 4.38 8.03 12.08 2.22 4.36 4.18 8.04 8.21
-3.06 1.07 7.23 13.36 3.03 7.62 4.98 7.56 3.84
Calendar Year Returns
2018 2017 2016 2015 2014 2013 2012 2011 2010 2009Partial
2008
Arrow Canadian Advantage Alt Cl A
S&P/TSX Composite TR
-6.52 6.07 -0.52 6.04 11.32 24.08 6.59 -6.90 21.95 15.83 4.97
-8.89 9.10 21.08 -8.32 10.55 12.99 7.19 -8.71 17.61 35.05 -37.68
Portfolio DetailsInception Date
Portfolio Assets (millions)
NAV (Mo-End)
A Class Management Fee
Prospectus Benchmark
Minimum Additional Purchase
Minimum Investment (Base Currency)
5/20/2008
$ 83
21.30
1.65
S&P/TSX TR CAD
100
1,000
Risk-RewardTime Period: 6/1/2008 to 5/31/2019
Std Dev
0.0 3.0 6.0 9.0 12.0 15.0
0.02.04.06.08.010.0 Arrow Canadian Advantage Alt Cl A
S&P/TSX Composite TR
Canada Fund Canadian Equity
Ret
urn
Asset AllocationPortfolio Date: 5/31/2019
%
Stock 46.3
Bond 11.6
Cash 34.8
Other 7.2
Total 100.0
Top HoldingsPortfolio Date: 5/31/2019
Portfolio Weighting %
iShares 7-10 Year Treasury Bond ETF
Arrow Global Advantage Alternative F
Boyd Group Income Fund
Brookfield Infrastructure Partners LP
StorageVault Canada Inc
iShares TIPS Bond ETF
Burford Capital Ltd
The Descartes Systems Group Inc
Shopify Inc A
Zoetis Inc Class A
12.55
9.84
6.78
3.95
3.13
3.13
2.55
2.39
2.34
2.30
Equity SectorsPortfolio Date: 5/31/2019
Basic Materials %
Consumer Cyclical %
Financial Services %
Real Estate %
Consumer Defensive %
Healthcare %
Utilities %
Communication Services %
Energy %
Industrials %
Technology %
3.97
15.13
12.30
2.20
6.91
4.55
9.24
1.02
11.03
19.57
14.07
DrawdownTime Period: Since Common Inception (6/1/2008) to 5/31/2019
2009 2011 2013 2015 2017 2019-45.0
-37.5
-30.0
-22.5
-15.0
-7.5
0.0
Arrow Canadian Advantage Alt Cl A S&P/TSX Composite TR
Monthly ReturnsJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
201920182017201620152014201320122011201020092008
4.23 3.02 1.99 1.15 1.170.64 -0.77 0.09 0.48 2.05 0.46 0.49 1.00 -0.08 -6.13 -1.06 -3.620.04 0.55 0.95 1.58 0.67 -1.44 -1.79 0.35 0.20 3.56 0.98 0.35
-3.14 -1.39 1.52 -0.26 0.57 0.16 2.14 1.02 -0.42 -0.49 -0.40 0.280.55 4.30 0.04 -1.65 2.59 -0.68 2.57 -2.49 -0.93 0.14 1.43 0.21
-0.39 3.07 2.04 0.90 0.61 2.51 -0.14 1.61 -1.36 1.57 1.42 -0.954.03 1.96 1.10 0.41 1.13 -0.24 1.25 0.99 2.12 3.12 4.29 1.723.10 2.94 -1.88 -1.36 -2.55 -0.01 0.96 1.54 3.02 0.39 -0.79 1.250.27 3.04 -1.79 0.19 -1.40 -3.04 1.99 -3.67 -7.28 6.49 0.27 -1.51
-4.37 5.45 2.54 2.54 -2.79 -1.08 1.69 3.71 3.43 2.57 4.06 2.73-0.02 -0.58 1.86 -0.14 3.56 -2.01 0.09 1.47 4.38 -0.51 4.56 2.36
4.59 -1.47 0.06 0.86 -0.36 0.33 0.96
-6.526.07
-0.526.04
11.3224.08
6.59-6.9021.9515.83
12.08
OVERVIEW | As of 5/31/2019
Effective May 21, 2019, the fund was renamed Arrow Canadian Advantage Alternative Class.
Unless otherwise stipulated Arrow Canadian Advantage Alternative Class returns are net of all fees, in Canadian dollars, reflect series “A” shares and assume reinvestment of all distributions. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Except as otherwise noted the indicated rates of return are the historical annual compounded total returns including changes in share value and the reinvestment of all dividends or distributions and do not take into account the sales, redemption, distribution, or optional charges or income tax payable by the shareholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Portfolio holdings, including the Top Holdings are subject to change without notice.
Source: Morningstar Direct 2019 Morningstar Research Inc. All Rights Reserved. The information herein is proprietary to Morningstar or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Morningstar and its providers are not responsible for damages or losses arising from any use of this information. Past performance may not be repeated. These pages are not complete without the Disclaimer(s).