Exemplar Investment Grade

English | French


Fund Strategy

The Fund seeks attractive risk-adjusted returns while preserving capital through a credit-focused, fixed-income investment mandate that provide low correlation to bond indices and less sensitivity to interest rates.


Investment Process

The Fund focuses on investment grade bonds primarily in Canada and employs a macro overlay to enhance returns and reduce volatility. This unconstrained fund gives the Fund’s managers the flexibility to manage duration and mitigate risk. With their extensive experience in the banking and financial services market in Canada, the Fund’s managers are uniquely positioned to trade existing bonds and new issuances.


Investor Profile

  • Conservative investors who are seeking monthly income with the potential for additional capital appreciation.
  • Investors looking for an unconstrained and flexible investment approach.
  • Investors looking for an actively managed conservative bond portfolio to complement a traditional long-only stock and bond portfolio

Portfolio Manager Videos

Exemplar Investment Grade Fund Video

January 22, 2015


Monthly Commentaries


 

Portfolio Managers

Founding Partner & Chief Investment Officer, East Coast Fund Management

How to Invest

Mutual Fund Solutions

Fund Overview

Fund Performance

Fund Performance: 
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2018 0.39 -0.18 -0.20 0.47 -0.05 0.16 0.40 0.25 0.23 -0.45 -0.78 - 0.23
2017 1.04 0.67 0.32 0.34 0.08 0.09 0.16 0.03 0.41 0.46 0.11 0.15 3.92
2016 -1.62 -0.19 2.98 1.61 0.41 -0.23 0.56 1.17 0.50 0.78 0.38 1.07 7.60
2015 -0.23 0.83 0.32 0.07 0.18 -0.35 -0.29 -1.27 -0.59 0.46 -0.23 -0.87 -1.98
2014 - - - - - - - 0.00 0.15 0.14 0.28 -0.27 0.31
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2018 0.34 -0.22 -0.24 0.42 -0.10 0.11 0.35 0.20 0.19 -0.50 -0.83 - -0.28
2017 0.99 0.63 0.27 0.30 0.03 0.05 0.11 -0.02 0.37 0.41 0.06 0.10 3.35
2016 -1.66 -0.24 2.94 1.56 0.36 -0.27 0.51 1.12 0.45 0.73 0.34 1.03 7.02
2015 -0.28 0.78 0.27 0.02 0.13 -0.40 -0.33 -1.32 -0.63 0.41 -0.27 -0.92 -2.53
2014 - - - - - - - -0.04 0.11 0.09 0.24 -0.32 0.08

Growth of $1,000

Loading chart...

Risk Bar Description: 
Risk Rating

Portfolio Details

Fund Codes
0% distribution :
Class AN: AHP 1430
Class FN: AHP 1435

3% distribution :
Class A: AHP 1400
Class F: AHP 1410
Class U: AHP 1450
Class G: AHP 1455

5% distribution :
Class AI: AHP 1405
Class FI: AHP 1415


Minimum Investment
$1,000


Management Fee
Class A: 1.30%
Class F: 0.80%


Performance Fee
None


Investment Advisor
Arrow Capital Management

Liquidity
Daily


Short term redemption charge
2% of NAV within the first 90 days


RSP Eligibility
RSP, RRIF,DSP, RESP, DPSP, TFSA


Auditor
PricewaterhouseCoopers


Custodian & Valuation Agent
CIBC Mellon Asset Servicing


Administrator
RBC Investor & Treasury Services


Manager & Promoter
Arrow Capital Management Inc.

 

Source: Morningstar, 2018

Fund inception date is June 27, 2014.

Unless otherwise stipulated Exemplar Fund returns are net of all fees, in Canadian dollars, reflect series “F” units and assume reinvestment of all distributions. Commissions, trailing commissions, management fees and expenses all may be associated with Exemplar Funds. Please read the full prospectus before investing. Except as otherwise noted the indicated rates of return are the historical compounded total returns including changes in share or unit value and the reinvestment of all dividends or distributions and do not take into account the sales, redemption, distribution, optional charges or income tax payable by the unitholder or shareholder that would have reduced returns. Exemplar Funds are not insured or guaranteed by Canada Deposit Insurance Corporation (CDIC) or any other insurer. Exemplar Funds are subject to risks of loss of capital and income and their values change frequently. Past performance may not be repeated.

*The Star Rating is as of November 30, 2018 for Series F of the Exemplar Investment Grade Fund. The number of funds within its category is as follows: Canadian Corporate Fixed Income Category: 3 years – 5 stars (72 funds). Morningstar Star Ratings are subject to change monthly. The rating is an objective, quantitative measure of a fund’s historical risk adjusted performance relative to other funds in its category. Only funds with at least a three-year track record are considered. The Morningstar Risk-Adjusted Rating (MRAR), commonly referred to as the Star Rating, relates the risk-adjusted performance of a fund to its peers in the category. Morningstar calculates ratings only for categories with at least 20 funds. To determine a fund's rating, the fund and its peers are ranked by their MRARs. If a fund scores in the top 10% of its fund category, it receives five stars (High); if it falls in the next 22.5%, it receives four stars (Above Average); a place in the middle 35% earns a fund three stars (Neutral or Average); those in the next 22.5% receive two stars(Below Average); and the lowest 10% get one star (Low). Morningstar Risk-Adjusted Ratings are recalculated monthly. For additional resources on the Star Rating and answers to frequently asked questions, see morningstar.ca.