Key stats
About Arrow EC Income Advantage Alternative Fund Trust Units
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Inception date
Jun 28, 2021
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.
ISIN
CA04273V1031
The fund invests in a diversified portfolio of fixed income securities that are mainly corporate investment grade bonds but can also include government bonds, preferred shares, floating-rate debt instruments, asset-backed securities, non-investment grade debts, and ETFs. In selecting securities for inclusion, the sub-advisor will employ top-down analysis (macro-economic and sector), bottom-up analysis (company fundamentals), and quantitative analysis (asset class and security relative valuation). The sub-adviser will also seek to lower interest rate sensitivity and volatility through the following: utilizing leverage created through short-selling government bonds, or using short positions in bond futures, to offset long positions in corporate bonds, bond options, interest rate swaps and/or other securities which demonstrate negative correlation to corporate bonds. The fund will include USD, CAD, and euro-denominated bonds.
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.
RATE trades at 21.23 CAD today, its price has risen 0.05% in the past 24 hours. Track more dynamics on RATE price chart.
RATE net asset value is 21.20 today — it's risen 0.19% 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.
RATE assets under management is 115.49 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.
RATE price has fallen by −0.19% over the last month, and its yearly performance shows a 0.95% increase. See more dynamics on RATE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.19% over the last month, showed a 1.06% increase in three-month performance and has increased by 5.63% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.19% over the last month, showed a 1.06% increase in three-month performance and has increased by 5.63% in a year.
RATE fund flows account for 32.14 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.
RATE expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RATE 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, RATE technical analysis shows the sell 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 RATE shows the buy signal. See more of RATE technicals for a more comprehensive analysis.
Today, RATE technical analysis shows the sell 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 RATE shows the buy signal. See more of RATE technicals for a more comprehensive analysis.
Yes, RATE pays dividends to its holders with the dividend yield of 4.58%.
RATE 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.
RATE shares are issued by Arrow Capital Management LLC
RATE 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 Jun 28, 2021.
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.