DWAT : Arrow DWA Tactical ETF

Fund Summary

The investment seeks to achieve long-term capital appreciation with capital preservation as a secondary objective. The fund primarily invests in other exchange traded funds (ETFs) that each invests primarily in domestic and foreign (including emerging markets) (i) equity securities of any market capitalization, (ii) fixed-income securities of any credit quality, or (iii) alternative assets. It may invest up to 25% of its total assets in the Tactical Subsidiary.