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Forward Funds

Forward Small Cap Equity Fund

Institutional Class

Buys the stocks of small, U.S.-based companies
Updated as of:
June 30, 2008
 
 
 

Fund Performance

 
 
   
  The performance quoted represents past performance, does not guarantee future results and current performance may be lower or higher than the data quoted. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. The returns assume reinvestment of dividends and distributions, if any. Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance data current to the most recent month end may be obtained at www.forwardfunds.com. The Fund’s benchmark, the Russell 2000 Index, is an index that measures the performance of the 2,000 smallest companies in the Russell 3000 Index. The Russell 3000 Index represents approximately 98% of the investable U.S. equity market. It is not possible to invest directly in an index.

Small company stocks are generally riskier than large company stocks due to greater volatility and less liquidity.

Prior to May 1, 2008, the Fund was named the Forward Hoover Small Cap Equity Fund.

 
 

Growth of $10,000

 
   
 
   
  The chart above shows how a hypothetical investment of $10,000 in the Fund at its inception would have performed versus an investment in the Fund's benchmark index. The values indicate what $10,000 would have grown to over the time period indicated. The hypothetical example does not represent the returns of any particular investment.
  Class: Institutional
Change to: Investor
Change to: Class A
   
PDF Fund Fact Sheet
Overview
Category: Small Cap Blend
Ticker Symbol: FFHIX
CUSIP: 349913889
Benchmark: Russell 2000 Index
Inception: June 6, 2002
Net Assets: $202.1 Million
Load Fee: No Load
Gross Expense Ratio: 1.37%
Net Expense Ratio: 1.37%
Minimum Investment
Initial: $100,000
Statistics
Price/Book:* 2.65
Forward P/E:* 17.86
EPS Growth Rate:* 26.57%
Long-Term Debt-to-Equity:* 25.83%
Weighted Avg. Market Capitalization:* $2.1 Billion
Average Capitalization:* $1.9 Billion
Beta: 0.93
R-Squared: 0.89
Number of Holdings: 110
Annualized Turnover: 281.75%

*Data refers to the Fund’s holdings and not to the Fund itself.

Price/Book Ratio and Price/Earnings represent equity securities within the Fund’s portfolio, and are not intended to demonstrate Fund growth income earned by the Fund, or distributions made by the Fund.

EPS Growth Rate represents the Fund’s annual percentage growth rate of earnings per share over the trailing 3-year period.

Beta is a measure of risk which shows the Fund's volatility relative to its benchmark index.

R-Squared reflects the percentage of a Fund’s movements that are explained by movement in its benchmark index.

 
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