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Arrow Dogs of the World ETF (DOGS)
Prospectus
Summary Prospectus
Fact Sheet
SAI
Buy DOGS

The Arrow DOGS of the World ETF may not be suitable for all investors. New funds have a limited performance record. Exchange traded products are bought and sold at market price, not NAV, and are not individually redeemed from the fund. Buying and selling shares generally results in brokerage commissions which will reduce returns. The market price may be higher (premium) or lower (discount) than the Net Asset Value (NAV). The fund’s portfolio may underperform its benchmark and/or other asset classes. The fund’s portfolio may underperform the general equity markets, or other asset classes, with the potential for greater individual security risk, asset class risk, and higher industry concentration risk than more broadly diversified portfolios. The fund may invest in large-cap, mid-cap, and small-cap securities. Investing in small-cap and mid-cap securities may have special risks, including wider variations in earnings and business prospects than larger, more established companies. International investments may involve additional risks, including, but not limited to, currency fluctuation, accounting methods, and geopolitical instability. Emerging markets involve heightened risks related to the same factors as well as increased volatility and potentially lower trading volume. Changes in laws, domestically or abroad, could result in the inability of the fund to operate as described in the prospectus. Narrowly focused investments may be subject to higher volatility.

















































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as of 08/16/2019
Product NameTickerNAVMarket Price
(Bid/Ask Midpoint)*
Expense RatioFact Sheet
Arrow Dow Jones Global Yield ETFGYLD$15.36$15.190.75%N/A
Arrow DWA Tactical ETFDWAT$11.14$11.071.70%N/A
Arrow QVM Equity Factor ETFQVM$26.29$26.300.65%N/A
Arrow Reserve Capital Management ETFARCM$100.20$100.210.42%N/A
Arrow Dogs of the World ETFDOGS$41.47$41.491.64%N/A
Arrow DWA Country Rotation ETFDWCR$25.71$25.751.34%N/A

*Bid/Ask Midpoint as of market close 4:00 p.m. ET.

Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost.