Forward Equity Long/Short Fund Institutional Class (FENIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund normally invests, both long and short, in equity securities of U.S. and non-U.S. issuers, including issuers located in emerging and frontier markets. It may also invest in derivative instruments to gain or manage exposures to the equity markets and individual issuers. The fund may also invest in exchange-traded funds ("ETFs"), American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts. It may invest in equity securities of issuers in all market capitalization ranges, including small capitalization stocks, without limitation. The fund is non-diversified.


1 month+1.01% 3 years+7.99%
3 months+0.55% 5 years--
1 year+2.39% Since inception+7.59%
Data through --

Peer Comparisonvs. Long/short equity

Performance 5-yr return--+6.85%
Expense ratio3.07%1.90%
Risk 5 year sharpe ratio--0.73
Net assets$2.6M$418.1M
Average market cap$25.1B$39.2B
Average P/E20.817.8
Portfolio turnover283%283%

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Fund Management and Purchase Info

Fund familyForward Funds
Fund manager & tenureJim O'Donnell / 3 Years
Minimal initial investment$100,000.00
Minimum IRA investment--


U.S. stock80.72%
International stock6.49%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
GOOGL Google Inc Class A7.93%
YHOO Yahoo! Inc4.98%
WTR Aqua America Inc3.71%
-- E-mini S&P 500 Index Future Dec143.65%
SRE Sempra Energy3.63%
EIX Edison International3.60%
ETR Entergy Corp3.54%
AMT American Tower Corp3.54%
NI NiSource Inc3.53%
SQQQ ProShares UltraPro Short QQQ3.40%

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