Arrow DWA Tactical ETF may not be suitable for all investors. 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 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 established 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.
Arrow DWA Tactical ETF A Systematic RS Global Macro Strategy
Arrow Funds CEO Joe Barrato Discusses How Much Investors Should Allocate to International Equities on NASDAQ's Trade Talks.
Interview originally recorded on January 23, 2018. By clicking on or copying the link above you will be leaving the Arrow Funds site and entering a third party site. Arrow Funds is not responsible for any information contained on these third party sites. Opinions expressed are subject to change at any time, are not guaranteed and should not be considered investment advice.
Investment Strategy Seeks long term capital appreciation with capital preservation as a secondary objective. The Fund seeks to achieve its investment objective by implementing a proprietary Relative Strength (RS) Global Macro model developed by Dorsey Wright & Associates (DWA). Based on the technical analysis and relative strength expertise of Dorsey Wright & Associates.
Fund Highlights
Provides access to a tactical global macro strategy using long and inverse exposure to U.S. and international stocks with global exposure to fixed income, commodities and currencies
Gives access to the technical analysis expertise of Dorsey Wright & Associates
Core strategy with a strict relative strength buy and sell discipline
Who Should Invest?
Designed for investors who have an investment time horizon of at least five years
A fund that has flexibility to narrow its focus by investing among a wide range of global asset classes, rotation strategies and ETFs
An actively managed alternative to strategic asset allocation funds, target maturity funds and life cycle funds that fall into the tactical global macro category
Investment Overview Based on the DWA RS Global Macro investment model, the Arrow DWA Tactical ETF uses a systematic process to continuously seek relative strength across multiple global markets. Using a strict buy/sell discipline, the Fund accesses the global market segments primarily through the use of Exchange Traded Funds (ETFs).
Market Segment
Description
Min
Max
Equities
Provides long/short exposure to domestic, international and emerging market equities. Short (or inverse) exposure will generally not exceed an allocation of 30%.
0%
100%
Fixed Income
Provides exposure to domestic, international, and emerging fixed income markets, including corporate, government, and agency bonds.
0%
100%
Alternatives
Includes global exposure to real estate, currencies, and commodities. Allocations will generally not exceed 30% for each of these individual alternative strategies.
0%
90%
Multiple Global Asset Exposure With fewer constraints, Global Macro strategies are able to pursue a targeted investing style. The goal of the Fund is to systematically identify and provide exposure to leading global market strategies. The following table highlights the global macro strategies that are monitored within the three market segments.
Equities
Fixed Income
Alternatives
U.S. Style Rotation U.S. Sector Rotation International Rotation Global Dividend Global Alpha Global Inverse
Global Inflation U.S. Treasury Rotation Global Income
Commodity Rotation Currency Rotation Global REIT
The fund may use futures to provide exposure to these strategies.
Profile
Market Data
as of 04/19/2018
Symbol
DWAT
NAV Price
$11.84
Exchange
NASDAQ OMX
NAV Price Change
$-0.01
Inception Date
10/01/2014
Market Price¹
$11.83
Cusip
042765792
Market Price Change
$0.00
Expense Ratio²
1.72%
Premium/Discount
-0.01
IOPV Ticker
DWAT.IV
Shares Outstanding
700,000
Volume
12
Total Net Assets
$8,288,000.00
Market Data
Daily
Month-End
Quarter-End
as of
Total Returns (%)*
NAV
Market Price¹
YTD
1.98
1.60
1 Month
-0.59
-0.45
3 Months
-3.82
-3.46
6 Months
5.22
5.19
1 Year
15.70
15.79
3 Years
5.26
5.19
5 Years
0.00
0.00
10 Years
0.00
0.00
Since Inception (10/01/2014)*
6.69
6.65
Calendar Year Returns
Total Returns (%)*
NAV
Market Price¹
2014²
6.81
6.65
2015
-5.39
-5.35
2016
5.00
4.87
2017
16.32
16.53
Fee & Expenses
Expense Type
Amount
Management Fees
1.00
Other Expenses
0.78
Acquired Fees
0.32
Total Fund Expenses³
1.72
Holdings as of 04/19/2018 (Holdings are subject to change)
*Income/Other and Total Distribution may include income, dividends, return of capital, or other forms of payment. Return of capital is considered a return of the investment principal and is not derived from net profits.
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.
Past distributions are not indicative of future distributions. There is no guarantee a distribution will occur. Shares of funds are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
Before investing, please read the prospectus and shareholder reports to learn about the investment strategy and potential risks. 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. Please read the prospectus carefully before investing. Content reviewed by an affiliate, Archer Distributors, LLC.