Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Arrow Long/Short Alternative Fund Series A
Alternative Equity Focus
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$31.82 |
|---|---|
| Change |
$0.17
(0.54%)
|
As at April 30, 2026
As at April 30, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (March 18, 2008): 9.02%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 2.66% | 5.33% | 11.89% | 10.79% | 28.82% | 13.44% | 9.64% | 6.36% | 6.28% | 12.04% | 10.40% | 9.46% | 8.76% | 8.49% |
| Benchmark | 3.81% | 7.00% | 13.54% | 7.89% | 40.10% | 28.50% | 21.54% | 16.52% | 15.51% | 18.30% | 14.14% | 13.56% | 12.35% | 12.61% |
| Category Average | 4.87% | 4.01% | 7.33% | 6.21% | 24.82% | 15.53% | 14.45% | 10.65% | 8.69% | 11.33% | 8.63% | - | - | - |
| Category Rank | 180 / 263 | 92 / 260 | 61 / 248 | 59 / 250 | 71 / 221 | 84 / 165 | 89 / 128 | 79 / 119 | 56 / 90 | 23 / 45 | 13 / 30 | - | - | - |
| Quartile Ranking | 3 | 2 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.34% | 1.10% | -1.10% | 3.33% | 4.39% | 2.30% | 0.76% | 0.24% | 5.18% | 3.47% | -0.84% | 2.66% |
| Benchmark | 5.56% | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% |
Best Monthly Return Since Inception
8.24% (November 2020)
Worst Monthly Return Since Inception
-8.40% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.52% | 6.07% | -6.52% | 15.40% | 24.22% | 17.24% | 1.49% | -3.00% | 10.84% | 8.99% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% | 16.58% | 15.40% |
| Quartile Ranking | - | - | - | 2 | 2 | 3 | 1 | 4 | 3 | 3 |
| Category Rank | - | - | - | 7/ 18 | 11/ 39 | 48/ 83 | 19/ 107 | 114/ 125 | 106/ 146 | 120/ 199 |
Best Calendar Return (Last 10 years)
24.22% (2020)
Worst Calendar Return (Last 10 years)
-6.52% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 31.66 |
| Cash and Equivalents | 31.62 |
| US Equity | 25.99 |
| Income Trust Units | 10.94 |
| Canadian Corporate Bonds | 1.27 |
Sector Allocation
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 31.62 |
| Energy | 12.13 |
| Basic Materials | 8.72 |
| Financial Services | 6.17 |
| Industrial Services | 5.82 |
| Other | 35.54 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.59 |
| Latin America | 0.67 |
| Asia | 0.25 |
| Europe | -0.06 |
| Africa and Middle East | -0.07 |
Top Holdings
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 20.68 |
| US DOLLAR | 10.48 |
| Enerflex Ltd | 4.28 |
| Madison Square Garden Sports Corp Cl A | 3.66 |
| EZCORP Inc Cl A | 3.45 |
| Stingray Group Inc | 2.64 |
| Brookfield Business Corp Cl A | 2.46 |
| K-Bro Linen Inc | 2.33 |
| Prairiesky Royalty Ltd | 1.70 |
| North West Co Inc | 1.56 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Arrow Long/Short Alternative Fund Series A
Median
Other - Alternative Equity Focus
3 Yr Annualized
| Standard Deviation | 6.76% | 6.07% | 7.65% |
|---|---|---|---|
| Beta | 0.28 | 0.15 | 0.35 |
| Alpha | 0.04 | 0.04 | 0.04 |
| Rsquared | 0.22% | 0.09% | 0.35% |
| Sharpe | 0.86 | 0.56 | 0.86 |
| Sortino | 2.01 | 0.99 | 1.21 |
| Treynor | 0.21 | 0.23 | 0.19 |
| Tax Efficiency | 93.43% | 84.10% | 87.77% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.29% | 6.76% | 6.07% | 7.65% |
| Beta | 0.39 | 0.28 | 0.15 | 0.35 |
| Alpha | 0.12 | 0.04 | 0.04 | 0.04 |
| Rsquared | 0.33% | 0.22% | 0.09% | 0.35% |
| Sharpe | 3.22 | 0.86 | 0.56 | 0.86 |
| Sortino | 13.14 | 2.01 | 0.99 | 1.21 |
| Treynor | 0.60 | 0.21 | 0.23 | 0.19 |
| Tax Efficiency | 100.00% | 93.43% | 84.10% | 87.77% |
Fund Details
| Start Date | March 18, 2008 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $29 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| AHP4000 |
Investment Objectives
The investment objective of Arrow Long/Short Alternative Fund is to achieve superior capital appreciation over both short and long term horizons primarily through the selection and management of a concentrated group of long and short positions in Canadian equity securities and equity derivative securities. The Fund will use leverage. The leverage will be created through the use of cash borrowings, short sales and derivative contracts.
Investment Strategy
Equities. The Fund will invest its assets primarily in publicly listed Canadian equity securities, although the Fund will also invest in companies domiciled outside of Canada. The Portfolio Advisor will have a variable bias and will generally look to include both long and short positions in the Fund’s portfolio. Equity market exposure may be achieved by investing in general market indices.
Portfolio Management
| Portfolio Manager |
Arrow Capital Management Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Arrow Capital Management Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company CIBC World Markets Inc |
| Registrar |
RBC Investor Services Trust |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 2.22% |
|---|---|
| Management Fee | 1.65% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
