Arrow Investment Advisors has launched an institutional share class (Class I) for each of the firm’s five tactical and alternative investment mutual funds.
“Our decision to introduce a new institutional share class is in direct response to client demand as advisors seek lower-cost access to non-traditional investment strategies such as managed futures and other alternatives,” stated Day Thomas, Director, Institutional Relationships at Arrow Funds.
“This move reaffirms our commitment to serving the advisor market by offering competitive pricing options through an additional point of entry for our clients.”
Class I features a $1 million investment minimum and expense ratios of 152 basis points for the Arrow Alternative Solutions Fund (Nasdaq: ASFNX); 190 bps for Arrow Commodity Strategy Fund (Nasdaq: CSFNX); 129 bps for Arrow DWA Balanced Fund (Nasdaq: DWANX); 135 bps for Arrow DWA Tactical Fund; and 136 bps for Arrow Managed Futures Strategy Fund (Nasdaq: MFTNX).
