DOGS

The Arrow Dogs of the World ETF (DOGS) seeks to achieve significant long-term capital growth for its investors. It accomplishes this by closely mirroring the performance of the AI Dogs of the World ex US Total Return Index. The fund primarily allocates its assets into securities that are constituents of this index, or it may invest in financial instruments possessing economic characteristics substantially equivalent to those component securities. The underlying index itself employs a methodology that selects collections of stocks, representing the top 75% by market capitalization within each country included in its scope, excluding the United States.