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Forward Management Adds Investor Share Class
The new investor shares, which carry no sales load, will be added to the Forward International Real Estate Fund (FFIRX), the Forward Real Estate Long/Short Fund (FFSRX), and the Forward Global Infrastructure Fund (FGLRX).
The expansion, Forward said, was designed to make alternative investments more accessible to individuals. The shares offer lower investment minimums than the funds’ existing no-load institutional share class, allowing individuals to invest with as little as $500.
“We aim to be a leader in providing individual investors with better access to alternative strategies, as we believe many investors will need to substantially broaden their asset class exposure if they hope to keep pace with their long-term return objectives in the years ahead,” commented J. Alan Reid Jr., Forward’s CEO.