The fund seeks capital appreciation in the long term by investing in companies in the United States.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
The process implements a fixed income and a managed futures strategy.
The fund seeks to provide exposure to a wide range of global futures markets through the DUNN Capital World Monetary & Agricultural Program.
The WMA Program is constructed to identify price trends (both up and down) in physical commodities and financial futures markets.
The WMA Program allocates assets across a blend of financial and commodity futures (including, interest rates, equity indices, and currencies, and physical commodities, such as, energy, metals and agriculture).
The financial futures and physical commodity components are positioned either long, flat or short based on the systematic trading strategy.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund executes its managed futures strategy primarily by investing up to 25% of its net assets in a wholly-owned and controlled subsidiary (the Arrow MFT Subsidiary).
The Arrow MFT Subsidiary will invest the majority of its assets in one or more Underlying Funds, swap contracts, structured notes and other investments intended to serve as margin or collateral for derivative positions.
Additionally, the fund executes its fixed income strategy primarily by investing directly or indirectly through other funds (including affiliated funds) in U.S. government securities, short-term, high quality fixed-income securities, money market instruments, overnight and fixed-term repurchase agreements, cash, and other cash equivalents with maturities of one year or less.
