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Thursday, August 25, 2011 Forward Refocuses a Fund on Dividends Forward Funds [see profile] is rebranding the $19.0-million, two-star Forward Large Cap Equity Fund (FFLAX). Last week the San Francisco-based mutual fund firm filed to turn the fund into the Forward Large Cap Dividend Fund on November 1, in light of a shift in the fund's portfolio strategy [see filing]. "Over the last year, our growth team has been taken off of that, so we're also making sure that that's clearly delineated for any investors," Forward CEO Alan Reid told MFWire.com. "Pretty much the same team's been running it for two years. Their focal point has been on dividends." Printed from: MFWire.com/story.asp?s=37661 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |