Now available in ETF & Mutual Fund
The WaveFront All-Weather Alternative Fund is designed to deliver balanced, superior returns through all market conditions by combining diversification, systematic risk management, and institutional-grade investment strategies – packaged in a mutual fund and ETF for daily liquidity.
Investment Strategy
The Fund pursues return stability by diversifying across multiple uncorrelated and complimentary global asset classes and strategies. Asset classes include equities, real-estate, fixed income, Gold and other commodities and currencies. Investment strategies include value, momentum, macro and options-based strategies. Superior returns are sought through portfolio tilts driven by macroeconomic factors and quantitative measures of risk and return. In addition, ‘Special Situation’ investments are overlaid onto the core portfolio when generally overlooked market disequilibria that offer the potential for low risk and high returns are identified.
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8.3%
Inception Annualized
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52.8%
Total Return
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0.27
Correlation to S&P500
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1.11
Sortino Ratio
Performance Highlights
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
IMPORTANT DISCLAIMER:
Effective January 2, 2025, WaveFront All-Weather Fund, LP (“the “LP”) was merged into WaveFront All-Weather Alternative Fund. Prior to the merger, the LP was distributed to investors on a prospectus-exempt basis in accordance with National Instrument 45-106 and was not a reporting issuer from its inception on November 1, 2019 until the merger. Financial statements of the LP are posted on Arrow’s website and are available to investors upon request.
Commissions, trailing commissions, management fees, performance fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all dividends/distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in an investment fund.
The “Growth of $1,000” chart shows the final value of a hypothetical $1,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.
The risk level of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund’s historical volatility as measured by the 10-year standard deviation of the fund’s returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating. Please note that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.
This information on this document is provided as a general source of information and should not be considered personal, legal, accounting, tax or investment advice, or an offer or a solicitation to buy or sell securities. Every effort has been made to ensure that the material contained herein is accurate at the time of publication. Market conditions may change which may impact the information contained in this document.
Return & Risk Statistics
| wdt_ID | Risk/Return* | WAAV | Benchmark |
|---|---|---|---|
| 1 | Total Cumulative Return | 52.76 | 30.30 |
| 2 | Compound Annual Return | 8.27 | 5.09 |
| 3 | Standard Deviation | 9.94 | 10.66 |
| 4 | Worst Drawdown | -15.88 | -16.04 |
Performance Summary
| wdt_ID | Net Returns* | WAAV | Benchmark |
|---|---|---|---|
| 1 | 3 months | 1.98 | 4.35 |
| 2 | YTD | 1.98 | 4.35 |
| 3 | 1 year | 9.24 | 6.43 |
| 4 | 3 years | 2.13 | 1.70 |
| 6 | 5 years | 5.88 | 6.79 |
| 7 | Inception | 8.27 | 5.09 |
*annualized if greater than a year
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
IMPORTANT DISCLAIMER:
Effective January 2, 2025, WaveFront All-Weather Fund, LP (“the “LP”) was merged into WaveFront All-Weather Alternative Fund. Prior to the merger, the LP was distributed to investors on a prospectus-exempt basis in accordance with National Instrument 45-106 and was not a reporting issuer from its inception on November 1, 2019 until the merger. Financial statements of the LP are posted on Arrow’s website and are available to investors upon request.
Commissions, trailing commissions, management fees, performance fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all dividends/distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in an investment fund.
The “Growth of $1,000” chart shows the final value of a hypothetical $1,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.
The risk level of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund’s historical volatility as measured by the 10-year standard deviation of the fund’s returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating. Please note that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.
This information on this document is provided as a general source of information and should not be considered personal, legal, accounting, tax or investment advice, or an offer or a solicitation to buy or sell securities. Every effort has been made to ensure that the material contained herein is accurate at the time of publication. Market conditions may change which may impact the information contained in this document.
Asset Allocation
as of 3/31/2025
as of 3/31/2025
- Strategy: Multi-Strategy
- Benchmark: Blended Custom
- Inception Date: 12/1/2019
- ETF Ticker: WAAV
- Series AD: AHP3205
- Series FD: AHP3215
Investment Team
-
Roland Austrup
Chairman & Managing Principal -
Robert Koloshuk
CIO & Managing Principal -
Mark Adams, CFA
Portfolio Manager -
Amir Ijad
Director of Quantitative Trading
Introducing WAAV ETF - Canada’s First Truly All-Weather ETF - Engineered for Stability, Built for Growth
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Founded in 2003, WaveFront is a privately-owned global asset management company based in Toronto, Canada.
