Arrow Maple Leaf Canadian Fund

Objective & Strategy:

The investment objective of the Fund is to generate attractive returns that exceed the major Canadian market indices while minimizing overall volatility of the Fund.

The strategy of the Fund is to employ multiple portfolio managers with a particular emphasis on managers based in Canada. The Fund targets lower volatility than Canadian equity market and is typically invested in a range of 10-20 actively-managed funds.

Ideal for:

The Fund would pair well with a long-only Canadian equity fund or index exchange-traded funds (ETF). This Fund is ideal for investors seeking better than market (S&P/TSX 60) returns over a cycle. This Fund is also ideal for investors wishing to diversify their long-only Canadian market exposure.

The investment objective of the Fund is to generate capital appreciation that exceeds the growth rate of major Canadian market indices over a market cycle, while limiting the overall volatility of the Fund.

Fund Code FE 'A' Class	AHP131
Fund Code FE 'F' Class	AHP138
Fund Code LL Class	AHP133
Fund Code DSC Class	AHP132
Fund Code USD 'A' Class	AHP931
Fund Code USD 'F' Class	AHP938
Management Fee ('A' Class)	2.0%
Management Fee ('F' Class)	1.0%
Incentive Fee/Allocation	5%
Purchases	Weekly
Redemptions	Monthly with 10 business days notice
Prime Broker	Various
Auditor	PriceWaterhouseCoopers
Administrator	RBC Dexia
^ Minimum Investment for accredited investors $25,000
^ Minimum Investment with a Risk Acknowledgement Form (For residents of BC, Newfoundland and Labrador, New Brunswick, and Nova Scotia), $25,000