Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Products April 19, 2010
Forward Management Introduces Fund Institutional Shares
Forward Management, LLC, announced the launch of new share classes for some of its funds.
Reported by Fred Schneyer
According to the San Francisco-based Forward, the company has launched Class M shares for seven funds, including the Forward Tactical Growth Fund, for use in fee-based adviser platforms and retirement accounts.
Class M shares are available for:
- 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).
Class M shares offer institutional pricing with low account minimums. Financial intermediaries and group retirement plans may purchase M shares at net asset value through an omnibus account arrangement without any additional distribution fees.
The M shares were designed for asset allocation, wrap fee and other similar fee-based advisory programs sponsored by financial intermediaries, such as brokerage firms, investment advisers, financial planners, and third-party administrators.
You Might Also Like:
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/06/18132717/PAPS-061824-Vanguard-Reopening-Mutual-Funds-1336038230-web-432x243.jpg)
Vanguard Reopens Two Actively Managed Mutual Funds to New Investors
Vanguard has brought back its Primecap and Primecap Core funds, which were closed to new investors in 2004 and 2009,...
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/05/29103532/PA-052924-Mutual-Fund-Outflows-1212333891-web-432x243.jpg)
Investor Shifts Herald ‘Irreversible Decline’ for Mutual Funds
A Broadridge study shows the continued shift away from mutual funds to ETFs and stocks by individual investors; separate Simfund...
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/05/23141910/PAPS-052324-Gensler-and-swing-pricing-web-432x243.jpg)
SEC’s Gensler Seeks to Clarify Mutual Fund Swing Pricing Proposal
The Chairman suggested that the regulator might opt for liquidity fees instead of swing pricing for open-end funds and also...