Fund Research for Arrow Alternative Solutions A (ASFFX)

  • Fund Overview

    Fund Inception Date: Oct 31, 2007
    Category: Long-Short
    Overall Risk: —
    Fund Family: Arrow
    Return Since Inception: -4.57%
    YTD Return: 1.28%
    Yield (TTM): 3.36%
    Net Assets: 58.92 M
    Morningstar Rating: —

    The investment seeks capital appreciation with an emphasis on absolute returns, low volatility, and low correlation to the equity markets. The fund seeks to maximize the return derived from a portfolio of leveraged long and short strategies with a targeted amount of risk. The advisor seeks to achieve a risk target of 7% volatility, a beta and correlation to the S&P 500 index of less than 0.5, as well as a Sharpe Ratio of greater than 0.25. The fund uses derivatives to obtain long and short exposure within the same asset classes.

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    Size
    Average Market Cap $5,418 M
    Market Capitalization Portfolio
    Giant 18.26%
    Large 19.72%
    Medium 37.38%
    Small 18.49%
    Micro 6.16%
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/27/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 10/31/2007 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 1.28% 2.84% — — — -4.57%
    +/- Category -8.21% -9.32% — — — —
    +/- ML USD LIBOR 3 Mon CM — — — — 3.58% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) -4.54% -5.85% — — — -7.35%
    Quarter (as of 09/30/2009) -3.67% -7.83% — — — -7.22%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/27/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/27/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 10/31/2007
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 7.97%
    Service 26.67%
    Manufacturing 12.74%

    Asset Allocation

    Short Long Net Assets
    Cash 6.51% 9.43% 2.92%
    Stocks 32.41% 47.96% 15.56%
    Bonds 0.00% 62.21% 62.21%
    Other 0.00% 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 32.41% 2.82% -29.58%
    Data as of 04/30/2009 Data as of 04/30/2009 View Fund Portfolio

    Top 10 Holdings

    Sector P/E Return as of 10/31/2009 Net Assets
    + Goldman Sachs — — — 23.10%
    = US Treasury Bond 3.875% — — — 15.08%
    = US Treasury Note 1.625% — — — 13.05%
    = FHLBA 3.375% — — — 7.92%
    * S&P 500 Index Financial Services — — 5.48%
    = FHLMC 4.625% — — — 4.39%
    * S & P 500 Index — — — 4.34%
    + iShares JPMorgan USD Emerg Markets Bond — — — 4.31%
    + iShares iBoxx $ High Yield Corporate Bd — — — 3.14%
    * S & P 500 Index — — — 2.84%
    + Increase - Decrease = No change * New since last portfolio
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    P/E as of 11/29/2009
    All other data as of 04/30/2009
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial 5.75%
    Deferred —
    Taken from prospectus dated 07/31/2009
    Expense Ratio (based on net assets) 1.40%
    Taken from annual report dated 07/31/2009

  • Fund Management