Fund Prices & YTD Returns as of 10/23/2017Performance Through 10/23/2017Average Annual Returns Through 9/30/2017
NAVNAV Daily Change% Daily Change(1)% YTD Return(2)One MonthThree MonthOne YearThree YearFive YearTen YearSince Inception (4)One YearThree YearFive YearTen YearSince Inception(4)
Arrow Alternative Solutions Fund Class A
8.710.010.11%-1.27%0.30%-0.68%1.00%4.29%2.78%N/A-0.23%0.89%5.34%2.50%N/A-0.23%
With Sales Charge(3)-5.46%-6.40%-4.79%2.24%1.58%N/A-0.82%-4.89%3.29%1.29%N/A-0.82%
Arrow Alternative Solutions Fund Class C
8.310.010.12%-1.95%0.27%-1.00%0.10%3.50%1.98%N/A-0.97%0.11%4.52%1.72%N/A-0.96%
Arrow Alternative Solutions Fund Class I
8.780.000.00%-1.16%0.33%-0.71%1.16%4.53%2.99%N/A2.12%1.05%5.57%2.74%N/A2.14%
Arrow DWA Balanced Fund Class A
13.37-0.04-0.30%8.96%1.83%2.37%6.87%3.06%5.07%2.88%4.69%3.54%2.49%4.47%3.03%4.57%
With Sales Charge(3)-4.02%-3.54%0.75%1.04%3.84%2.88%4.14%-2.45%0.49%3.24%3.03%4.01%
Arrow DWA Balanced Fund Class C
12.57-0.04-0.32%8.27%1.70%2.20%6.08%2.28%4.28%2.12%3.91%2.74%1.73%3.70%2.26%3.79%
Arrow DWA Balanced Fund Class I
13.51-0.04-0.30%9.13%1.81%2.43%7.05%3.28%5.32%N/A4.80%3.74%2.74%4.72%N/A4.56%
Arrow DWA Tactical Fund Class A
11.13-0.05-0.45%12.54%2.30%3.92%15.97%5.77%8.85%N/A3.18%11.52%4.96%8.11%N/A3.00%
With Sales Charge(3)-3.55%-2.02%9.34%3.70%7.56%N/A2.53%5.07%2.92%6.83%N/A2.35%
Arrow DWA Tactical Fund Class C
10.52-0.04-0.38%11.91%2.24%3.75%15.14%4.97%8.04%N/A2.41%10.81%4.19%7.29%N/A2.24%
Arrow DWA Tactical Fund Class I
11.18-0.05-0.45%12.82%2.19%3.90%16.22%6.02%9.12%N/A8.14%11.78%5.21%8.36%N/A7.89%
Arrow Managed Futures Strategy Fund Class A
7.72-0.06-0.77%3.35%7.67%5.61%-3.55%1.33%0.43%N/A-1.81%-17.09%-0.47%-1.29%N/A-2.76%
With Sales Charge(3)1.45%-0.52%-9.06%-0.65%-0.75%N/A-2.58%-21.88%-2.41%-2.46%N/A-3.53%
Arrow Managed Futures Strategy Fund Class C
7.38-0.06-0.81%2.64%6.65%4.38%-4.29%0.60%-0.28%N/A-2.52%-17.71%-1.14%-2.00%N/A-3.45%
Arrow Managed Futures Strategy Fund Class I
7.82-0.06-0.76%3.58%7.71%5.53%-3.29%1.57%0.72%N/A-0.97%-16.93%-0.22%-1.04%N/A-2.25%