Key stats
About ARROW CAPITAL MANAGEMENT INC. EC EQUITY ADVANTAGE ALTERNATIVE FD SER
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Inception date
Jan 11, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Arrow Capital Management, Inc.
The fund neutralizes equity exposure through long and short positions in primarily large-cap North American equities. Its selection process is mainly based on risk/reward opportunities, as determined by the adviser's proprietary criteria. The adviser utilizes the same fundamental analysis for long and short positions. The fund typically maintains a gross 100% long position and up to a gross 100% short position through investments in equities, index ETFs, futures, swaps, or other derivatives. In all, the net long equity exposure will range from 50% to 100%. The fund uses leverage and may borrow cash up to 50% of the NAV. To achieve an aggregate exposure no more than 300% of the NAV, the fund uses cash borrowing, short selling, or other derivatives. The fund may also use derivatives, engage in forward contracts, or hold foreign currency for hedging. It may engage in securities lending, repurchase and reverse repurchase transactions for additional income.
Related funds
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ADIV trades at 24.24 CAD today, its price has risen 0.62% in the past 24 hours. Track more dynamics on ADIV price chart.
ADIV net asset value is 24.22 today — it's risen 0.52% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ADIV assets under management is 3.37 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ADIV price has risen by 0.29% over the last month, and its yearly performance shows a 18.19% increase. See more dynamics on ADIV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.52% over the last month, showed a 2.05% increase in three-month performance and has increased by 4.40% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.52% over the last month, showed a 2.05% increase in three-month performance and has increased by 4.40% in a year.
ADIV fund flows account for 1.17 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
No, ADIV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ADIV technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ADIV shows the neutral signal. See more of ADIV technicals for a more comprehensive analysis.
Today, ADIV technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ADIV shows the neutral signal. See more of ADIV technicals for a more comprehensive analysis.
No, ADIV doesn't pay dividends to its holders.
ADIV trades at a premium (0.11%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ADIV shares are issued by Arrow Capital Management LLC
ADIV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 11, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.