SOURCE: Arrow Investment Advisors

Arrow Investment Advisors

July 28, 2014 09:00 ET

Arrow Dow Jones Global Yield ETF (GYLD) New CUSIP and ISIN Effective Tuesday, July 29, 2014

LAUREL, MD--(Marketwired - Jul 28, 2014) - Northern Lights ETF Trust's name has changed to the Arrow ETF Trust. In conjunction with the trust name change, the Arrow Dow Jones Global Yield ETF (NYSE Arca: GYLD) has received a new Committee on Uniform Securities Identification Procedures (CUSIP) number of 04273H104 and a new International Securities Identification Number (ISIN) of US04273H1041, effective Tuesday, July 29, 2014.

For more information, contact Arrow at (877) 277-6933, option 2.

About Arrow Investment Advisors: Arrow Investment Advisors, LLC, the advisor to the exchange traded product line ArrowShares, is an investment management firm dedicated to providing investment solutions, education and research to financial intermediaries. Arrow 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, visit www.ArrowShares.com.

Before investing, please read the fund's prospectus and shareholder reports to learn about the investment strategy and potential risks. Investing involves risks, including the potential for loss of principal. An investor should consider the fund's investment objective, charges, expenses and risks carefully before investing. This and other information about the fund is contained in the fund's prospectus, which can be obtained by calling 1-877-277-6933. Distributed by Northern Lights Distributors, LLC (member FINRA). Northern Lights Distributors, LLC is an unaffiliated entity from Arrow Investment Advisors, LLC.

Arrow Dow Jones Global Yield ETF may not be suitable for all investors. The fund is new and has a limited performance record. The fund may not replicate the exact performance of the benchmark because of fees, expenses, trading costs and portfolio tracking error. Exchange traded products are bought and sold at market price, not NAV, and are not individually redeemed from the fund. Buying and selling shares generally results in brokerage commissions, which will reduce returns. Fixed income securities may be subject to risks associated with interest rate fluctuations. International investments may involve additional risks, including, but not limited to, currency fluctuation, differences in generally accepted accounting principles, economic differences and political instability. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Changes in laws, domestically or abroad, could result in the inability of the fund to operate as described in the prospectus. Narrowly focused investments may be subject to higher volatility. High-yielding stocks and non-investment grade bonds are often higher-risk investments, which may be subject to greater volatility due to such factors as corporate developments, interest rate sensitivity, negative perceptions whether factual or not, and adverse economic conditions. Master Limited Partnerships (MLPs) and Royalty Investment Trusts (RITs) have specific risks, including, among others, limited voting rights, energy demand, limited call rights of the general partner and changes in tax laws. In order to qualify for the tax treatment of a regulated investment company (RIC), the fund's exposure to MLPs cannot exceed 25%, or the fund may be subject to corporate tax status, which would reduce the overall performance. Investments in securities of real estate companies involve risks, including, among others, adverse changes in national, state or local real estate conditions domestically or abroad; obsolescence of properties; changes in the availability, cost and terms of mortgage funds; and the impact of changes in environmental or tax laws.

The Dow Jones Global Composite Yield Indexsm is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by Arrow Investment Advisors, LLC ("AIA"). Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); "Dow Jones", Dow Jones Global Composite Yield Indexsm and "Dow Jones Indexes" are trademarks of the Dow Jones Trademark Holdings LLC; and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by AIA. AIA's affiliate ArrowShares is the exchange traded product line of Arrow Funds. These Funds are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Dow Jones Global Composite Yield Indexsm.