SOURCE: Arrow Funds
July 25, 2006 09:08 ET
Dorsey Wright & Associates (DWA) Partners With Arrow Funds
Premier Product Is Scheduled to Launch in Early August
OLNEY, MD -- (MARKET WIRE) -- July 25, 2006 -- Arrow Funds and Dorsey Wright & Associates (DWA) are
pleased to announce that they have joined forces in the creation of a
balanced investment strategy within a Fund of Funds structure. The new
product, set to launch in early August, will be the industry's first
exchange traded fund-based Fund of
Funds that is managed exclusively by DWA utilizing technical analysis.
Recently launched, Arrow Funds is comprised of highly experienced
management who were formerly with leading financial firms including Rydex
Investments and Fidelity Investments. Arrow Funds is dedicated to providing
product research and solutions geared toward financial intermediaries. The
firm's founders have extensive experience in the creation and distribution
of mutual funds, variable trust
funds, exchange traded funds
(ETFs) and wrap programs.
"We are truly thrilled to have the opportunity to partner with Dorsey
Wright," says Noah Hamman, President & CEO, Arrow Funds. "Their reputation
precedes them as industry innovators and leaders in the technical analysis
space and their expertise will play a critical role in the success of our
upcoming product solutions."
Arrow Funds selected DWA as the portfolio manager for its premier product
due to DWA's exemplary portfolio management strategies, technical analysis and widely
recognized research. "The ETF market has been growing at an extremely
rapid pace for some time now, due in large part to its lower cost structure
and trading flexibility," says Tom
Dorsey, Co-Founder of DWA. "Our partnership with Arrow Funds will allow
us to provide investors with yet another way to gain access to these
vehicles, while taking advantage of the benefits that technical analysis
can bring to an investor's portfolio."
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 products by offering investment strategies that 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.
About Dorsey Wright & Associates
DWA is an independent and privately owned registered investment advisory
firm whose business includes two areas: professional management and
investment research services for numerous broker-dealers and large
institutions around the world. The cornerstone of its investment strategy
is technical analysis. The firm has provided technical research for almost
20 years. To learn more about DWA, please visit www.dorseywright.com.
For more information about Arrow Funds please contact Joseph Barrato:
301-260-0162 or email@example.com
An investor should consider the Fund's investment objective, risks,
charges, and expenses carefully before investing. This and other
information about Arrow Funds is contained in the fund's prospectus, which
can be obtained by calling 1-877-Arrow-FD (877-277-6933). Please read the
prospectus carefully before investing. Distributed by Aquarius Fund