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Forward Funds

Forward International Fixed Income Fund

Investor Class

Overview
Updated as of:
May 1, 2008
 
 
 
  The unique, actively managed fixed income fund offers exposure primarily to non-U.S. dollar denominated fixed income securities of non-U.S. issuers and derivates.
 
  • An absolute return approach—the Forward International Fixed Income Fund offers investors exposure to non-U.S. dollar denominated fixed income securities
  • A non-diversified portfolio which consists of fixed income securities of companies and governments located outside the U.S., including emerging markets
  • The Fund may enter into forward foreign currency exchange contracts to "lock in" an exchange rate to reduce the risks of fluctuating exchange rates and to generate returns uncorrelated to the other strategies employed
  • The portfolio is constructed to diversify risks across a number of fixed income strategies, each with defined risk and expected return contributions
 
   
  Class: Investor
Change to: Institutional
Change to: Class A
Change to: Class C
   
PDF Fund Fact Sheet
Overview
Category: Foreign Fixed Income
Ticker Symbol: FFXRX
CUSIP: 349913657
Benchmarks:1 Citigroup World BIG Bond ex-U.S. Index and Blended Benchmark (60% Citigroup World BIG ex-U.S. Index/20% Merrill Lynch European Currency High Yield Index/20% JP Morgan GBI-EM Global Diversified Composite)
Inception: October 5, 2007
Net Assets: $4.8 Million
Load Fee: No Load
Gross Expense Ratio: 1.90%
Net Expense Ratio: 1.24%2
Minimum Investment
Initial: $4,000
Initial–eDelivery: $2,000
Initial–Automatic Investment Plan:
$500
Statistics
Average Maturity (years): 3.94
Modified Duration: 5.07
Convexity: 0.59
Weighted Avg. YTM: 4.89
Weighted Avg. Coupon: 5.07
Weighted Avg. Credit Quality: A

1 Unhedged USD

2The Fund’s investment advisor has contractually agreed to waive a portion of its fees and reimburse other expensees until April 30, 2009, in amounts necessary to limit the Fund’s operating expenses (exclusive of brokerage costs, interest, taxes, dividends, and extraordinary expenses) for Investor Class shares to an annual rate (as a percentage of the Fund’s average daily net assets) of 1.24%.
   
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