Performance Through 7/28/2010
Average Annual Returns
  
Annualized
 
Fund Name
NAV
NAV Daily Change
% Daily Change (1)
% YTD Return
One
Month
Three
Months
One
Year
Three
Years
Inception
(2)
One Year Through 6/30/2010
Three Years Through 6/30/2010
Five Years Through 6/30/2010
Inception Through 6/30/2010(2)
Arrow DWA Balanced Fund - A Class
$10.94
($0.04)
-0.36%
3.80%
1.67%
-2.76%
12.05%
0.32%
3.35%
12.26%
-1.81%
N/A
2.20%
Arrow DWA Balanced Fund - C Class
$10.80
($0.05)
-0.46%
3.35%
1.60%
-3.05%
11.09%
-0.45%
2.56%
11.28%
-2.56%
N/A
1.42%
Arrow Alternative Solutions Fund - A Class
$8.15
($0.02)
-0.24%
-7.39%
-1.93%
-7.49%
-5.89%
N/A
-5.94%
-3.73%
N/A
N/A
-5.63%
Arrow Alternative Solutions Fund - C Class
$8.03
($0.02)
-0.25%
-7.81%
-1.95%
-7.70%
-6.52%
N/A
-6.56%
-4.45%
N/A
N/A
-6.26%
Arrow DWA Tactical Fund - A Class
$7.74
($0.03)
-0.39%
-3.85%
0.13%
-9.15%
9.76%
N/A
-10.92%
11.39%
N/A
N/A
-13.13%
Arrow DWA Tactical Fund - C Class
$7.64
($0.04)
-0.52%
-4.38%
0.00%
-9.37%
8.83%
N/A
-11.61%
10.57%
N/A
N/A
-13.79%
Arrow Managed Futures Trend Fund - A Class
$9.57
($0.04)
-0.42%
N/A
-3.63%
N/A
N/A
N/A
-4.30%
N/A
N/A
N/A
-0.30%
Arrow Managed Futures Trend Fund - C Class
$9.57
($0.03)
-0.31%
N/A
-3.53%
N/A
N/A
N/A
-4.30%
N/A
N/A
N/A
-0.40%
Past performance does not guarantee future results. The performance data quoted represents past performance at net asset value and current returns may be lower or higher. The investment return and principal value will fluctuate so that an investor's shares, when redeemed may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please call 1-877-277-6933. The maximum sales charge for A-shares is 5.75% and may be eligible for a reduction in sales charges. The Fund charges a fee of 1.00% on redemptions of shares held less than 30 days.
(1) Represents the percentage increase/decrease in the net asset value from the prior trading day.
(2) The inception date of the Arrow DWA Balanced Fund is 8/7/2006. The inception date of the Arrow Alternative Solutions Fund is 10/31/2007. The inception date of the Arrow DWA Tactical Fund is 5/30/2008. The inception date of the Arrow Managed Futures Trend Fund is 4/30/2010. Performance for periods less than 1 year is not annualized.