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Rating:Forward Refocuses a Fund on Dividends Not Rated 5.0 Email Routing List Email & Route  Print Print
Thursday, August 25, 2011

Forward Refocuses a Fund on Dividends

Reported by Neil Anderson, Managing Editor

Forward Funds [see profile] is rebranding the $19.0-million, two-star Forward Large Cap Equity Fund (FFLAX). Last week the San Francisco-based mutual fund firm filed to turn the fund into the Forward Large Cap Dividend Fund on November 1, in light of a shift in the fund's portfolio strategy [see filing].

"Over the last year, our growth team has been taken off of that, so we're also making sure that that's clearly delineated for any investors," Forward CEO Alan Reid told MFWire.com. "Pretty much the same team's been running it for two years. Their focal point has been on dividends." 

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