Forward Brings On Three Emerald Funds

According to a news release, the funds’ investment philosophies will remain the same and the investment management team at Emerald will continue to manage the funds as a sub-advisor to Forward. However, the funds will carry new names – the Forward Emerald Growth Fund, the Forward Emerald Banking and Finance Fund, and the Forward Emerald Technology Fund, the announcement said.

The news release said that Forward specializes in offering niche-oriented mutual funds and that Emerald’s investment management capabilities are based on its in-house fundamental research and a team of investment professionals.

The Emerald investment team conducts bottom-up, fundamental research, designed to identify companies with leadership positions and competitive advantages in niche markets, the news release said.

The news release said that the Emerald Growth Fund invests in small and mid-cap companies. The Emerald Banking and Finance Fund invests a minimum 80% of its assets in the stocks of companies primarily engaged in the banking or financial services industries, and includes bank, savings and loan, insurance, investment management and other financial services stocks. The Emerald Technology Fund invests primarily in companies in the technology sector that produce and develop products and services that provide or benefit from technological advances and improvements, the announcement said.

More information about Forward Funds is at www.forwardfunds.com or call 800-999-6809.