Arrow Hedge Partners has launched Arrow Multi-Strategy Notes, Series 3

Date: Wednesday, January 7, 2004

Arrow Hedge Partners has launched Arrow Multi-Strategy Notes, Series 3, which will be linked to Arrow Multi-Strategy Hedge Fund with BNP Paribas guaranteeing the principal. "Investors will have the assurance of guaranteed principal repayment, the benefit of consistent return potential through a fully diversified fund of hedge funds, and comprehensive risk management from an industry leader. All with a low minimum investment of $5,000 that is tax efficient and fully RRSP eligible," says Jim McGovern managing director and CEO of Arrow Hedge Partners. As the name suggests, the Arrow Multi-Strategy Hedge Fund uses a variety of hedging strategies including: "long/short equity, equity market neutral, high-yield hedge, risk arbitrage, convertible arbitrage, fixed income arbitrage, distressed securities, managed futures and global macro."