PRESCOTT, AZ (TheStreet) -- As the quest for yield by investors continues, new ETF provider Arrow Funds is showing that it is willing to go anywhere, including Venezuela, to give investors what they want in the new Arrow Dow Jones Global Yield ETF ( GYLD). This is a multi-asset class fund with equal 20% weightings to global corporate debt, global sovereign debt, global equity, global real estate stocks and global alternative. The global alternative segment is comprised of master limited partnerships and Canadian royalty trusts.Within each of the five segments there are 30 holdings and each of the 30 has an equal target weighting. Arrow reports that the yield of the index is 7.43%,which after accounting for the 0.75% expense ratio should put the yield in the mid sixes. It is worth mentioning that ETFs do not always yield what they should. This can be due to rapid growth in assets managed by the fund; in the case of GYLD, it is because dividends paid by foreign companies tend to fluctuate more than with U.S. companies.