Standardized Performance vs. Benchmarks
| The return for the Managed Futures Strategy Fund is a combination of MFTFX (Class A) from April 30, 2010 to March 20, 2012 and MFTNX (Class I) from March 21, 2012 to the current period. The return for the DWA Tactical: Macro Fund is a combination of DWATX (Class A) from August 3, 2009 to March 31, 2012 and DWTNX (Class I) from April 1, 2012 to the current period. The return for the DWA Tactical: Balanced Fund is a combination of DWAFX (Class A) from August 7, 2006 to March 20, 2012 and DWANX (Class I) from March 21, 2012 to the current period.
Index 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. Categories display the returns of current US funds in the category during the time period shown, subject to survivorship and/or re-categorization. Source: Morningstar, calculated by Arrow. Past performance does not guarantee future results. For periods less than one year, performance is not annualized. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please call 1-877-277-6933. The maximum sales charge for Class A is 5.75% and may be eligible for a reduction in sales charges. The fund charges a fee of 1.00% on redemptions of shares held less than 30 days. Arrow Managed Futures Strategy Fund’s total fund expenses are Class A 1.49%, Class C 2.24% and Class I 1.23%. The net annual operating expense is Class A 1.47%, Class C 2.22%, and Institutional 1.21%, plus acquired fund fees and expenses of 0.02%. (SI) Since Inception date for Class A and Class C is 4/30/10; Class I 3/21/12. The total fund expenses for the Arrow DWA Tactical: Macro Fund are Class A 2.02%, Class C 2.77% and Class I 1.77%. (SI) Since Inception date for Class A and Class C is 5/30/08; Class I 3/21/12. Total fund expenses for the Arrow DWA Tactical Balanced Fund are Class A 2.13%, Class C 2.88% and Class I 1.88%. *Inception date for Class A and Class C (and index data) is 8/7/06. Class I is 3/21/12. To view the most recent performance data, visit Arrow Fund's website here. Risk measures the degree of volatility of returns around the average return. Maximum Drawdown (Max DD) is defined as the percent of drawdown (losing period) from a peak to a low.
The Arrow Managed Futures Strategy Fund may not be suitable for all investors. The funds may invest in commodity-related securities, which may be subject to greater volatility than investments in traditional securities. The use of derivatives such as futures, options, structured notes, repurchase agreements and swap agreements may expose the fund to additional risks than investing directly in the underlying securities. Investing in leveraged instruments will magnify any gains or losses on those instruments. Fixed income securities are subject to risks including interest rate, credit, inflation and counterparty risks. The funds may allocate assets to an offshore subsidiary which is not subject to the Investment Company Act of 1940, meaning that changes in laws could result in the inability to operate as described in the prospectus. The fund's use of short selling and investment in currency-related securities involves increased risk and additional costs.
The Arrow DWA Tactical: Macro Fund may not be suitable for all investors. The fund may invest in commodity-related securities, which may be subject to greater volatility than investments in traditional securities. The fund may invest in international and emerging market securities, which may be subject to special risks including fluctuations in currency, government regulation, differences in accounting standards and liquidity. Investing in small-cap securities may have special risks, including wider variations in earnings and business prospects than larger, more stablished companies. The fund may invest in real estate-related securities, which may be subject to mortgage-related risks and real estate market fluctuations. The fund may invest in fixed income securities, which are subject to risks including interest rate, credit and inflation.
The Arrow DWA Tactical: Balanced Fund may not be suitable for all investors. The fund may invest in commodity-related securities, which may be subject to greater volatility than investments in traditional securities. The fund may invest in international and emerging market securities, which may be subject to special risks including fluctuations in currency, government regulation, differences in accounting standards and liquidity. Investing in small-cap securities may have special risks, including wider variations in earnings and business prospects than larger, more stablished companies. The fund may invest in real estate-related securities, which may be subject to mortgage-related risks and real estate market fluctuations. The fund may invest in fixed income securities, which are subject to risks including interest rate, credit and inflation. | |
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