Arrow Capital Management Inc. Announces Proposed Fund Restructuring

Middle Content: 

TORONTO, ON, January 25, 2016

FOR IMMEDIATE RELEASE

Press Release: 

Arrow Capital Management Inc. (“Arrow”) announced today that it is calling a special meeting of unitholders of Raven Rock Strategic Income Fund (TSX: RRF.UN) (the “Fund”) on March 2, 2016 to vote upon a proposal to restructure the Fund. The proposal also includes the conversion of the RRF Trust to an open-end mutual fund. RRF Trust is a trust that holds the portfolio of investments to which the Fund has indirect economic exposure through a forward agreement. As previously announced, Lazard Asset Management (Canada) Inc. (“LAM Canada”) became the sub-advisor to the RRF Trust on January 4, 2016 and is expected to continue to serve as subadvisor after the restructuring.

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