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East Coast Investment Grade Fund

Canadian Investment Grade Fixed Income

  • Pays 3.5 cents per unit monthly as tax-efficient return of capital
  • Targets equity-like returns with less volatility through investment grade credit and macro investing
  • Managed by Mike MacBain and John Schumacher and team at East Coast Investment Management Inc.

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Performance Page

Commentaries

Click a file below to download a commentary for the East Coast Investment Grade Fund

  • March 2012
  • February 2012
  • January 2012

 

  • Fund Overview
  • Fund Performance
  • Investment Details

Fund Overview

Objective & Strategy:

The objective of the Fund is to achieve attractive risk-adjusted returns through a credit- focused, fixed-income investment mandate while preserving capital.

The Fund Pays a tax-advantaged monthly distribution:

CAD 3.5¢/unit
USD 3.5¢/unit

The Fund focuses on investment grade bonds primarily in Canada and employs a macro overlay to enhance returns and reduce volatility. With their extensive experience in the banking and financial services market in Canada, they are uniquely positioned to trade existing bonds and new issuances. They are capable of mitigating interest rate risk using proven hedging strategies.

Ideal for:

This Fund will appeal to conservative investors who are seeking monthly income with deferred tax and with the potential for additional capital appreciation.

This Fund is an actively managed conservative bond portfolio that will complement a traditional long-only stock and bond portfolio.

Fund Performance

The investment objective of the Fund is to achieve positive risk-adjusted returns through a credit- focused, fixed-income investment mandate that aims to mitigate market risk.


Historical Performance as of April 30, 2012

YearJanFebMarAprMayJunJulAugSepOctNovDecYear
20120.9%0.8%0.3%0.0%2.0%
20111.0%0.4%-0.3%-0.1%-0.3%-0.1%0.2%-2.3%-1.1%0.3%-0.5%0.2%-2.5%

Investment Details

 
Fund Code FE 'A' Class AHP090
Fund Code FE 'F' Class AHP098
Fund Code FE 'A' Class (USD) AHP096
Fund Code FE 'F' Class (USD)  AHP095 
Management Fee 1.75%
Incentive Fee/Allocation 15%
Purchases Weekly
Redemptions Monthly with 10 business days notice
Prime Broker TD Securities Inc.
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

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Contact Information

Client Services
RBC Dexia Investors Services
Tel: 416.955.5771
Toll-Free: 866.261.6134
Fax: 416.955.5771

Sales & Head Office
Tel: 416.323.0477
Toll-Free: 877.327.6048
Fax: 416.323.3199
For General Information:
info@arrow-capital.com

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