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Monday, April 19, 2010 Forward Brings its Funds to a Broader Audience Forward Management has rolled out M shares in seven of its funds in response to the growing prominence of fee-based advisor platforms. "A lot of people are moving away from 12b-1s and looking for a less expensive share class," noted Forward CEO Alan Reid, Jr. Forward has a total of 32 mutual funds with AUM of around $5 billion. The funds now carrying M shares are: Expense ratios range from 130 bps to 517 bps. San Francisco-based Forward is now also offering A shares (load) for its Forward Tactical Growth Fund and Investor shares (no-load) for its Forward Banking and Finance Fund. Printed from: MFWire.com/story.asp?s=31962 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |