Forward Funds Eliminates Redemption Fees on All Mutual Funds

SAN FRANCISCO--(BUSINESS WIRE)--Forward Management, LLC, investing adviser to the Forward Funds, today
announced that they have got eliminated salvation fees for all share
social classes for all of the Forward Funds.

“The salvation fees were initially set in
topographic point to discourage marketplace timing, and we now experience the fees are no longer
necessary,” said J. Alan Reid, Jr., president
of Forward Management. “Eliminating the fees
is in keeping with our scheme of providing our stockholders value.”

Redemption fees were one of a figure of tools which were originally set
in topographic point to deter short-term or inordinate trading. After in progress
reappraisal of salvation fee policies, Forward determined they were
hard to administrate equitably.

Forward Funds will go on to supervise monetary fund activity on a day-to-day footing
for any kind of leery activity, and in lawsuits where there looks to
be inappropriate activity, stockholders may be requested to halt such as
trading activities or additional trades may be refused.

Forward Funds also just values each security in certain circumstances,
such as as when marketplace terms are not readily available. For non-U.S.
securities, just evaluation is intended to discourage marketplace timers who may
take advantage of clip zone differences between the stopping point of the foreign
marketplaces on which a Fund's portfolio securities trade and the U.S.
marketplaces that find the clip as of which the Fund's NAV is
calculated. Carnival valuing securities also is intended to protect Funds
that put in little cap securities, high output chemical bonds or other types of
investings that are not frequently traded and thus potentially more than
susceptible to marketplace timing.

About Forward Management, LLC

Forward Management, LLC, based in San Francisco, is the investing
adviser to the Forward Funds, a household of fourteen common funds. The
house also offers a scope of separately managed business relationships including REIT,
Equity Income and Micro Cap. Forward Management is an affiliate of
ReFlow Management Co., LLC, which developed ReFlow, an advanced
liquidness tool for portfolio directors that supplies enhanced public presentation
and taxation efficiency. ReFlow is used by the Forward Funds, as well as
other prima common monetary fund managers.

Forward Management offers institutional money managers, fiscal
advisers and individual investors entree to industry leading investing
managers, investing merchandises and services. The house specialises in
identifying sub-advisors World Health Organization have got long track records of managing assets
in specific investing subjects and plus classes. More information
on Forward Management and the Forward Funds can be establish at .

You should see the investment objectives, risks, complaints and
disbursals of the Forward Funds carefully before investing. A course catalog
with this and other information may be obtained by calling (800)
999-6809 or by downloading one from .
It should be read carefully before investing.

There are hazards involved with investing, including loss of principal. Past public presentation makes not vouch future results.

Forward Funds are distributed by Alps Distributors, Inc.