SOURCE: Arrow Funds
March 07, 2008 08:45 ET
Arrow Chief Investment Officer, William E. Flaig, Interviews With The Wall Street Transcript
Flaig Also Authors Academic White Paper on Portfolio Creation Using Alternative Asset Allocations
OLNEY, MD--(Marketwire - March 7, 2008) - Arrow Funds is pleased to announce that they have
just posted a recent interview with The
Wall Street Transcript and William E. Flaig, Chief Investment Officer
for Arrow Funds. Additionally, Mr. Flaig has authored an academic white
paper on "Alternative Asset Allocation."
In his interview, Mr. Flaig goes into great detail about the Arrow
Alternative Solutions Fund (NASDAQ: ASFFX) and the benefits that offering
hedge fund strategies within a mutual fund vehicle can provide to
investors. He also speaks to the need for investors to have exposure to
absolute return strategies in their portfolios.
Alternative Solutions Fund combines three alternative strategies which
provide exposure to long/short equities, fixed income arbitrage and managed
futures. "The Arrow Alternative Solutions Fund is a perfect complement to
our flagship fund, the Arrow DWA Balanced Fund," (NASDAQ: DWAFX) says
Joseph Barrato, CEO at Arrow Funds. "When combined with a tactical or
strategic portfolio, the fund has the ability to enhance returns while
reducing overall risk."
In addition, Arrow Funds recently released a white paper authored by Mr.
Flaig that is a comprehensive piece on creating "Alternative Asset
Allocation" portfolios. In this academic study, Mr. Flaig explains how a
portfolio manager can capture risk premiums and market inefficiencies by
using long/short portfolio construction techniques referred to as "Absolute
Return Factors." The white paper is available to financial professionals on
Arrow Funds website.
About Arrow Funds
Arrow Investment Advisors, LLC, the advisor to Arrow Funds, is an
investment management firm dedicated to providing education, research, and
product solutions to the financial intermediary community. Arrow Funds
identifies and develops investment products that seek to enhance returns
and mitigate risk. The firm is committed to delivering superior performance
while providing the highest level of customer service. To learn more about
Arrow Funds, please visit www.arrowfunds.com.
An investor should consider the Fund's investment objective, risks,
charges, and expenses carefully before investing or sending money. This and
other information about Arrow Funds is contained in the Fund's prospectus,
which can be obtained by calling 1-877-277-6933. Please read the prospectus
carefully before investing. Arrow Funds is distributed by Aquarius Fund
Distributors, LLC member FINRA/SIPC.
The Fund may not be suitable for all investors. The fund's use of
derivatives such as futures, options and swap agreements may expose the
fund to additional risks that it would not be subject to if it invested
directly in the securities underlying those derivatives. Investing in
leveraged instruments will magnify any gains or losses on those
instruments. Investing in commodity and currency-related securities may be
subject to greater volatility than investments in traditional securities.
The Fund's use of short selling involves increased risks and additional
costs. Investing in small-cap securities may have special associated risks,
including wider variations in earnings and business prospects than larger,
more established companies. The Fund may invest in fixed-income securities,
which are subject to risks including interest rate, credit, and inflation.
The maximum sales charge for A-shares is 5.75%. A-shares investors 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. The Fund's annual
operating expense is 1.52%.