The Arrow Reverse 500 Cap ETF may not be suitable for all investors. Investments involve risk. Principal loss is possible. As with all index funds, the performance of the Fund and its Index may differ from each other for a variety of reasons. For example, the Fund incurs operating expenses and portfolio transaction costs not incurred by the Index. In addition, the Fund may not be fully invested in the securities of the Index at all times or may hold securities not included in the Index. The Fund has the same risks as the underlying securities traded on the exchange through the day. To the extent the Fund invests more heavily in particular sectors of the economy, the Fund’s performance may be more sensitive to developments that significantly affect those sectors. Diversification does not assure a profit nor protect against loss in a declining market.

Past performance does not guarantee future results. Categories display the holding and flows of current funds in the Morningstar category during the time period shown, subject to survivorship and/or re-categorization. Index and strategy research returns assume reinvestment of dividends, but do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and are not available for direct investment.

*The S&P 500 CW is the S&P 500 cap-weighted. The S&P 500 was created in 1957. The S&P 500 IW is based on applying the inverse weighting to the S&P 500. The S&P 500 Inverse weighted strategy takes the same constituents of the S&P 500 but weighted them based on the inverse of their market capitalization. The strategy returns are hypothetical and are for educational purposes and do not represent the performance of the Arrow Reverse Cap 500 ETF. 

The S&P 500 Index is a market capitalization-weighted index focused on the large-cap segment of the market. The index is comprised of 500 of the top companies in leading industries in the U.S. economy. It is not possible to invest directly in an index. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); and this trademark have been licensed for use by SPDJI and sublicensed for certain purposes by AIA. These Funds are not sponsored, endorsed, sold or promoted by S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Reverse Cap Weighted U.S. Large Cap Index.

To view the most recent performance data, visit Arrow Fund's website here.

As with all funds, there is the risk that you could lose money through your investment in the Fund. Many factors affect the Fund’s net asset value, price of shares, and performance. As with any fund, there is no guarantee that the Fund will achieve its objective.

Before investing, please read the prospectus and shareholder reports to learn about the investment strategy and potential risks. Investing involves risks, including the potential for loss of principal. An investor should consider the fund’s investment objective, charges, expenses and risks carefully before investing. This and other information about the fund is contained in the fund’s prospectus, which can be obtained by calling 1-877-277-6933. 

Content reviewed by an affiliate, Archer Distributors, LLC.