>Managed by Cedar Ridge Partners, LLC
Investor Class
Portfolio
Updated as of:
September 30, 2008
The Forward Long/Short Credit Analysis Fund is an actively managed credit long/short fund that seeks to maximize total rate of return and minimize investment risk using a credit- based, relative value investment strategy.
The strategy takes advantage of market anomalies and inefficiencies across a wide array of credit risk markets using opportunistic trading strategies
The strategy identifies the differential pricing of credit risk across the municipal bond and corporate bond and preferred securities markets
The Fund utilizes leverage to enhance returns
Read about our newest fund – “Forward Launches Hedge Fund in Sheep's Clothing”
Porfolio Holdings
Click here to access the fund's portfolio holdings as of quarter-end.
Lehman Bros.
U.S. Municipal Index/Lehman Bros.
U.S. Corp. High Yield Index
Inception:
May 1, 2008
Net Assets:
$3.5 Million
Load Fee:
No Load
Gross Expense Ratio:
8.76%
Net Expense Ratio:
1.84%1
Minimum Investment
Initial:
$4,000
Initial–eDelivery:
$2,000
Initial–Automatic Investment Plan:
$500
1The Fund’s investment advisor has contractually agreed to waive a portion of its management fees and reimburse other expenses until April 30, 2009, in amounts necessary to limit the Fund’s operating expenses (exclusive of the 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 1.84%.
