Morning Mutual Fund Wrap

5/18/15 performance of mutual funds for which Dorsey Wright provides models or research:

mutual fund

Source: Yahoo! Finance

The performance numbers above are based on NAV returns, as reported by Yahoo! Finance. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. There is no relationship between Dorsey Wright and the mutual fund provider other than a license by Dorsey Wright to the mutual fund provider of certain Dorsey Wright trademarks and trade names, and the Dorsey Wright research (“Research”). The Research has been created and developed by Dorsey Wright without regard to and independently of the mutual fund provider, its business, its development of this product, and/or any prospective investor. The licensing of any Research to the mutual fund provider is not an offer to purchase or sell, or a solicitation or an offer to buy any securities. A determination that any portion of an investor’s portfolio should be devoted to any product developed by the mutual fund provider is a determination made solely by the investment advisor serving the investor or the investor himself, not Dorsey, Wright or the mutual fund provider. Investors should carefully consider the investment objectives, risks, charges, and expenses of any mutual fund before investing. The prospectus and summary prospectus documents contain this and other information about the Fund. You should read the prospectus and/or summary prospectus carefully before you invest or send money. Not insured by FDIC/NCUSIF or any federal government agency. No bank guarantee. Not a deposit. May lose value. Virtus mutual funds distributed by VP Distributors, LLC, member FINRA and subsidiary of Virtus Investment Partners, Inc. Arrow Funds are distributed by Archer Distributors, LLC (member FINRA).

For information regarding the Virtus Funds, please contact your financial representative, call 1-800-243-4361, or visit www.virtus.com to obtain a current prospectus and/or summary prospectus.

For information regarding the ArrowFunds, please call 1-877-277-6933 or visit www.arrowfunds.com.

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