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Effective after the close of business on February 29, 2012, all Arrow Funds’ CUSIPS will change.

All Arrow Funds transactions with a trade date of March 1, 2012 and thereafter should use the new CUSIPs. Note: Only the CUSIP numbers are changing, but all ticker symbols will remain the same.

Arrow Funds will be changing Trusts from the Northern Lights Fund Trust (“NLFT”) to the Arrow Investments Trust (“AIT”). Therefore, the CUSIP numbers need to be revised accordingly to reflect the correct Trust affiliation.

The new CUSIP information for each fund and share class is listed in the table below:

Fund Name Share Class Ticker NEW CUSIP
Arrow Alternative Solutions Fund A-Shares ASFFX 042765107
C-Shares ASFTX 042765206
Arrow Commodity Strategy Fund A-Shares CSFFX 042765842
C-Shares CSFTX 042765834
Arrow DWA Balanced Fund A-Shares DWAFX 042765404
C-Shares DWATX 042765503
Arrow DWA Tactical Fund A-Shares DWTFX 042765701
C-Shares DWTTX 042765800
Arrow Managed Futures Trend Fund A-Shares MFTFX 042765875
C-Shares MFTTX 042765867

This information has been relayed by our fund services team to the appropriate operational groups throughout the industry.

If you have any questions, please feel free to give us a call at (887) 277-6933, Opt. 1.


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Before investing, please read the prospectus and shareholder reports to learn about the investment strategy and potential risks. Mutual fund investing involves risk including loss of principal. An investor should also consider the investment objective, charges, expenses, and risk carefully before investing. This and other information is contained in the prospectus, which can be obtained by calling 1-877-277-6933 or by clicking here. Please read the prospectus carefully before investing. Arrow Funds are distributed by an affiliate, Archer Distributors, LLC (member FINRA).