With the long weekend upon us, I thought this would be great opportunity to share some weekend reading with you. Please find the link to download our Arrow insights quarterly letter for the back half of 2014. Within this report, we highlight the major macro issues of this year's second quarter and how we have positioned ourselves in this environment. These issues include: the maintenance of zero bound policies, continuing global imbalances, increases in U.S. core inflation, the pickup in equity returns, overvaluations of technology and industrials, the start of the European recovery, Japan's economy post the consumption tax increase, and inexpensive valuations/opportunities in emerging markets. We also share our views on how stocks may fare in a rising rate environment, how we have positioned ourselves in this commodity cycle, where we see fund flows heading and which currencies we feel most strongly about. As always, the letter concludes with a quarterly recap on the solutions available on the Arrow platform.
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Province Links go to provincial security site.
Minimum Investment When Relying On Accredited Investor Exemption (1)
There is no regulatory minimum purchase amount requirement for investments in a Fund made by investors who qualify under the Accredited Investor
Exemption. However, the minimum initial purchase amount established by the Manager for "accredited investors" is $25,000 (or such lesser amount that
the Manager may accept from time to time).
The criteria for qualification as an "accredited investor" is defined in National Instrument 45-106 of the Canadian Securities Administrators and is
set out in the Subscription Instructions of the Investment Application.
(2) Minimum Amount Exemption (not available to individuals)
The minimum amount for an initial investment in a Fund made by an investor purchasing under the Minimum Amount Exemption is $150,000 in each
province and territory.
Disclaimer: Information about the Arrow Capital Management Funds is not to be construed as a public offering of securities in any jurisdiction of
Canada. The offering of units of the Arrow Capital Management Funds is made pursuant to their respective offering memorandum only to those investors
in jurisdictions of Canada who meet certain eligibility or minimum purchase requirements. Important information about the Arrow Capital Management
Funds, including a statement of each fund's fundamental investment objective, is contained in their respective offering memorandum, a copy of which
may be obtained from your dealer. Read the applicable offering memorandum carefully before investing. Unit values and investment returns will