The company says the Forward EM Corporate Debt Fund (FFXIX) is among the first with a mandate focused primarily on emerging market (EM) corporate debt. Forward has selected SW Asset Management, LLC, a Newport Beach, California-based global credit manager that specializes in emerging market corporate debt, as sub-adviser for the fund.
The Forward EM Corporate Debt Fund is offered in Investor Class, Institutional Class and C Class shares. It is available through Charles Schwab, Commonwealth Financial Network, LPL Financial, Matrix Clearing, National Financial/Fidelity, Pershing, Raymond James and TD Ameritrade.
The fund is the fourth mutual fund that Forward has introduced or relaunched in recent months. The firm is considering introducing a long/short version of its EM corporate debt strategy later this year.