The Toronto Stock Exchange reports that units of Arrow Long/Short Alternative Fund (the continuing exchange-traded fund (ETF)) will be listed in substitution for shares of Arrow Long/Short Alternative Class (the terminating ETF) for trading at the open on June 25, 2024.

According to the TSX, the terminating fund is a class of Exemplar Portfolios Ltd. Since Arrow Capital Management Inc. is winding up Exemplar, the terminating ETF is merging into the continuing fund, which will have the same investment objective and will be managed by the same portfolio management team. The effective date of the merger is June 25, 2024.

The TSX reports that holders of the terminating ETF shares will receive units of the continuing ETF on a one-for-one basis. Holders need not take any action in order to receive the units of the continuing ETF. The terminating ETF shares will be delisted at the close on June 24, 2024.

For more information, see the simplified prospectus dated June 7, 2024, and the amendment dated April 16, 2024, to the simplified prospectus dated June 15, 2023.