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Rating:Forward Brings its Funds to a Broader Audience Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, April 19, 2010

Forward Brings its Funds to a Broader Audience

Reported by InvestmentWires Staff, 

Forward Management has rolled out M shares in seven of its funds in response to the growing prominence of fee-based advisor platforms.

"A lot of people are moving away from 12b-1s and looking for a less expensive share class," noted Forward CEO Alan Reid, Jr.

Forward has a total of 32 mutual funds with AUM of around $5 billion.

The funds now carrying M shares are:
  • Forward Tactical Growth Fund (FTGMX)
  • Forward Emerging Markets Fund (FEMMX)
  • Forward Global Infrastructure Fund (FGIMX)
  • Forward Select Income Fund (FSIMX)
  • Forward International Small Companies Fund (FNSMX)
  • Forward Small Cap Equity Fund (FSCMX)
  • Forward Long/Short Credit Analysis Fund (FLSMX)

    Expense ratios range from 130 bps to 517 bps.

    San Francisco-based Forward is now also offering A shares (load) for its Forward Tactical Growth Fund and Investor shares (no-load) for its Forward Banking and Finance Fund

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