East Coast Investment Grade Income Fund Announces First Quarter Distribution Payable on or Before February 15, 2017
January 12, 2017 at 02:59 pm
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Arrow Capital Management Inc. announced that East Coast Investment Grade Income
Fund will pay a distribution in the amount of $0.05 per unit on or before February 15, 2017 to
unitholders of record on January 31, 2017. A distribution will also be paid in the amount $0.05 per unit on or before each of March 15, 2017 and April 14, 2016 to unitholders of record on February 28, 2017 and March 31, 2017 respectively.
East Coast Investment Grade Income Fund is a closed-end investment fund. The Fund's investment objectives are to maximize total returns to the holders of units (the unitholders) while reducing risk and to provide unitholders with monthly tax-advantaged cash distributions. The Fund seeks to achieve these investment objectives by obtaining exposure to the portfolio that is comprised primarily of investment grade debt securities (both long and short positions) of Canadian corporate and government issuers. The Portfolio may also include non-investment grade debt securities and may invest in other asset classes in connection with its macro systemic risk protection program. It invests in various sectors, including financial, communications, consumer, cyclical, energy, consumer, non-cyclical, asset backed securities, funds, industrial, diversified and utilities. The Fund's investment manager is Arrow Capital Management Inc. East Coast Fund Management Inc. is the Fund's portfolio advisor.
EAST COAST INVESTMENT GRADE INCOME FUND 