Toronto-based Arrow Capital Management Inc. has launched of its second actively managed ETF series, the company announced Friday.
The new series is an additional access point to Arrow’s balanced mutual fund, Exemplar Growth and Income Fund.
Exemplar Growth and Income Fund ETF is listed on the Toronto Stock Exchange under the ticker symbol EGIF.
Launched in April 2015, Exemplar Growth and Income Fund offers investors a balance of growth and income, making strategic asset class shifts based on where the best opportunities exist. With a focus on providing capital preservation during times of market turmoil, the fund’s managers aim to mitigate risk through various hedging strategies.
“We will continue to invest to expand our product line up, providing investors greater accessibility to our strategies” says Mark Purdy, managing director and chief investment officer of Arrow. “We have entered an era where investors are looking for better access to well-structured investment solutions and this ETF fits that criteria.
Arrow is the trustee, manager and distributor of the ETF.