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Press Release

 
February 1 , 2007  

FORWARD MANAGEMENT NAMES NEW MEMBER TO BOARD OF TRUSTEES

 

SAN FRANCISCO, February 1, 2007 – Forward Management, Investment Advisor to the Forward Funds, announced today that Rosalind M. Hewsenian has been elected to the Forward Funds Board of Trustees.

Most recently, Hewsenian was the managing director and a principal of Wilshire Associates, Inc., a leading global investment technology, management and consulting firm, where she served as a senior consultant for the last 21 years. As a member of its Board of Directors and lead investment consultant, Hewsenian directed the growth and development of Wilshire’s products and services and led the teams of professionals who provide strategic investment services to institutional investors.

“Forward Management is extremely pleased to begin the New Year with the addition of Rosalind to the Forward Funds Board of Trustees,” said Alan Reid, president of Forward Management. “The Board will benefit greatly from having someone of her deep expertise and relevant experience, which so perfectly supports our commitment to innovative new, investor-driven strategies.”

Hewsenian received a B.S. from the State University of New York and earned her M.B.A. in finance from Pace University. She is a frequent speaker at investment conferences nationwide and is also a charter member of the Board of Directors of More Than Shelter, a community service foundation that addresses the root causes of homelessness.

About Forward Management, LLC
Forward Management, LLC, based in San Francisco, is the investment advisor to the Forward Funds, a family of fourteen mutual funds. The firm also offers a range of separately managed accounts including Large Cap, REIT, Equity Income and Micro Cap. Forward Management is an affiliate of ReFlow Management, which developed ReFlow, an innovative liquidity tool for portfolio managers that provides enhanced performance and tax efficiency. ReFlow is used by the Forward Funds, as well as other leading mutual fund managers.

Forward Management offers institutional money managers, financial advisors and individual investors access to industry leading investment managers, investment products and services. The firm specializes in identifying sub-advisors who have long track records of managing assets in specific investment disciplines and asset classes. More information on Forward Management and the Forward Funds can be found at www.forwardfunds.com.

You should consider the investment objectives, risks, charges and expense of the Forward Fundss carefully before investing. A prospectus with this and other information may be obtained by calling (800) 999-6809 or by downloading one from www.forwardfunds.com. It should be read carefully before investing.

There are risks involved with investing, including loss of principal. Past performance does not guarantee future results.

Forward Funds are distributed by ALPS Distributors, Inc.

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