Key stats
About ARROW LONG/SHORT ALTERNATIVE FUND UNITS ETF SERIES
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Inception date
Nov 30, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Arrow Capital Management, Inc.
This ETF deviates from traditional ETFs in its ability to sell securities short, borrow cash, and the increased use of derivatives to pursue its investment strategy. As such, during certain market conditions, this may accelerate the pace at which an investment may decrease in value. The fund invests in Canadian companies chosen from industries fund management believes to offer the best opportunity for return. Companies are selected based on an assessment of management ability, growth strategies and those perceived to have a distinct competitive advantage. Management also looks for event-driven trading opportunities to augment fund returns.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Stocks31.51%
Non-Energy Minerals9.52%
Industrial Services4.72%
Consumer Services1.99%
Finance1.97%
Commercial Services1.73%
Energy Minerals1.59%
Health Technology1.58%
Process Industries1.15%
Transportation0.81%
Retail Trade0.65%
Miscellaneous0.54%
Technology Services0.38%
Consumer Durables0.36%
Health Services0.29%
Producer Manufacturing0.16%
Utilities0.12%
Bonds, Cash & Other68.49%
Cash79.26%
Mutual fund2.01%
Corporate1.35%
ETF0.30%
Rights & Warrants0.01%
Miscellaneous−14.44%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ACAA assets under management is 13.63 M CAD. It's risen 6.09% over the last month.
ACAA fund flows account for 4.88 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ACAA doesn't pay dividends to its holders.
ACAA shares are issued by Arrow Capital Management LLC under the brand Arrow Funds. The ETF was launched on Nov 30, 2022, and its management style is Active.
ACAA expense ratio is 5.19% meaning you'd have to pay 5.19% of your investment to help manage the fund.
ACAA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ACAA invests in cash.
ACAA price has fallen by −1.06% over the last month, and its yearly performance shows a 3.89% increase. See more dynamics on ACAA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.73% over the last month, showed a −0.51% decrease in three-month performance and has increased by 4.08% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.73% over the last month, showed a −0.51% decrease in three-month performance and has increased by 4.08% in a year.
ACAA trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.