Forward Commodity Long/Short Strategy Fund Class Advisor (FCMSX)

Net Asset Value
1 Day
Overall Morningstar Rating
Managed futures
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long term total return. The fund seeks exposure to the commodity markets and returns that correspond to the Credit Suisse Momentum and Volatility Enhanced Return Strategy Index ("Credit Suisse MOVERS Index"). Commodities are assets that have tangible properties, such as oil, metals, and agricultural products. It does not invest directly in physical commodities, but rather employs a strategy that provides synthetic long and synthetic short exposure to the commodity markets that correspond to the long and short commodity market positioning of the Credit Suisse MOVERS Index. The fund is non-diversified.


1 month+1.34% 3 years-4.16%
3 months+6.79% 5 years--
1 year-1.07% Since inception-5.29%
Data through --

Peer Comparisonvs. Managed futures

Performance 5-yr return---0.39%
Expense ratio1.45%2.08%
Risk 5 year sharpe ratio---0.03
Net assets$60.0M$298.9M
Average market cap--$114.9B
Average P/E--17.9
Portfolio turnover59%59%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyForward Funds
Fund manager & tenureJim O'Donnell / 4 Years
Minimal initial investment$0.00
Minimum IRA investment--


Fixed income97.81%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Forward Commodity Long/Short Strategy (Cayman) Fund, Ltd.22.93%
-- Cs Movers 15 Swap8.34%
-- US Treasury Note 0.875%8.27%
-- US Treasury Note 0.75%4.13%
-- Natl City Bk Cleve Sub Mtn Be FRN2.56%
-- Wachovia Bk Natl Assn FRN2.07%
-- Branch Bkg & Tr FRN2.06%
-- FNMA 1.375%1.68%
-- FNMA CMO 2%1.48%
-- Cs Movers 15 Swap1.26%

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.