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ACIGX Forward Income & Growth Allocation Inv

  • Fund
  • ACIGX
  • Price as of: Sep 15, 2003
  • $14.37
  • - $0.00
  • - 0.00%
  • Category
  • Global Allocation

ACIGX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $2.79 M
  • Holdings in Top 10 94.6%

52 WEEK LOW AND HIGH

$14.37
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.65%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 59.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$4,000

IRA

$4,000

Investment Themes

CATEGORY

Global Allocation
  • Fund Type Open End Mutual Fund
  • Investment Style Tactical Allocation

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.04%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Forward Income And Growth Allocation Fund
  • Fund Family Name Forward Funds
  • Inception Date Dec 27, 2000
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager Nathan J. Rowader

Fund Description

The fund is a "fund of funds" that primarily invests in other Forward funds ("underlying funds"). The asset classes in which the underlying funds may invest include: U.S. fixed-income, including mortgage-related and other asset-backed securities, international fixed-income, money market, U.S. equity, frontier and emerging market, and international equity. In addition to investing in other Forward funds, the fund may enter into repurchase agreements collateralized by securities issued by the U.S. government or its agencies.

ACIGX - Performance

Return Ranking - Trailing

Period ACIGX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -25.7% 14.9% 74.84% 5
1 Yr 6.1% -35.4% 26.6% 12.02% 1
3 Yr N/A * -5.5% 17.2% N/A N/A
5 Yr N/A * -3.8% 7.4% N/A N/A
10 Yr N/A * -0.9% 11.8% N/A N/A

* Annualized


Return Ranking - Calendar

Period ACIGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.0% -32.0% 20.0% 19.77% 2
2017 0.0% -15.3% 26.2% 74.19% 5
2016 0.0% -24.6% 210.7% 62.26% 4
2015 0.0% -30.7% 14.2% 7.02% 1
2014 0.0% -21.3% 20.1% 36.15% 3

Total Return Ranking - Trailing

Period ACIGX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 14.9% 74.41% 5
1 Yr 15.7% -35.4% 40.9% 1.72% 1
3 Yr N/A * -5.7% 17.2% N/A N/A
5 Yr N/A * -3.9% 6.6% N/A N/A
10 Yr N/A * 1.3% 11.8% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period ACIGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.0% -32.0% 18.4% 19.09% 2
2017 0.0% -11.9% 26.2% 75.58% 5
2016 0.0% -9.5% 210.8% 70.75% 4
2015 0.0% -29.2% 35.6% 22.03% 2
2014 0.0% -17.9% 35.7% 80.21% 5

NAV & Total Return History

ACIGX - Holdings

Filings data as of: Jun 30, 2015

Concentration Analysis

ACIGX Category Low Category High ACIGX % Rank Quintile
Net Assets 2.79 M 246 K 104 B 28.75% 5
Number of Holdings 13 2 3648 19.45% 5
Net Assets in Top 10 2.61 M -58.9 M 19.7 B 25.79% 5
Weighting of Top 10 94.6% 0.0% 950.3% 6.55% 2

Top 10 Holdings

  1. Forward Investment Grade Fxd-Inc Z 35.79%
  2. Forward EM Corporate Debt Institutional 10.85%
  3. Forward International Dividend Instl 12.96%
  4. Forward Emerging Markets Instl 5.84%
  5. Forward Credit Analysis Long/Short Instl 6.10%
  6. Forward Total MarketPlus Z 6.36%
  7. Forward Commodity L/S Strategy Z 5.02%
  8. Forward Select Opportunity Institutional 4.22%
  9. Forward Dynamic Income Institutional 4.43%
  10. Forward Real Estate Inst 3.08%

Asset Allocation

Weighting Category Low Category High ACIGX % Rank Quintile
Bonds
64.98% -234.98% 120.80% 2.75% 1
Stocks
29.90% -18.32% 259.25% 24.95% 5
Cash
3.53% -106.19% 118.36% 19.45% 4
Preferred Stocks
1.33% 0.00% 17.16% 2.75% 1
Convertible Bonds
0.20% 0.00% 13.02% 6.34% 2
Other
0.06% -0.97% 101.91% 20.72% 4

Stock Sector Breakdown

Weighting Category Low Category High ACIGX % Rank Quintile
Real Estate
6.84% -0.70% 29.94% 3.91% 1
Financial Services
5.28% -1.55% 38.98% 21.52% 5
Consumer Cyclical
3.36% -7.62% 25.91% 20.87% 4
Consumer Defense
3.02% -1.18% 18.16% 17.83% 4
Healthcare
2.35% -5.59% 20.86% 19.78% 4
Industrials
2.24% 0.00% 18.58% 23.26% 5
Technology
1.49% -3.70% 44.06% 23.91% 5
Utilities
1.11% -0.50% 33.09% 15.22% 4
Energy
0.93% -0.11% 28.00% 23.48% 5
Communication Services
0.90% -0.71% 16.82% 20.22% 4
Basic Materials
0.71% -0.11% 19.84% 23.48% 5

Stock Geographic Breakdown

Weighting Category Low Category High ACIGX % Rank Quintile
Non US
20.74% -15.36% 159.65% 21.14% 4
US
9.16% -45.05% 99.60% 21.99% 4

Bond Sector Breakdown

Weighting Category Low Category High ACIGX % Rank Quintile
Corporate
28.63% 0.00% 57.61% 3.38% 1
Government
22.68% -242.10% 120.80% 10.57% 2
Securitized
8.16% 0.00% 29.27% 4.23% 1
Municipal
6.19% 0.00% 9.55% 0.42% 1
Cash & Equivalents
4.04% -103.93% 141.04% 17.97% 3
Derivative
-0.50% -12.61% 16.06% 8.67% 5

Bond Geographic Breakdown

Weighting Category Low Category High ACIGX % Rank Quintile
US
51.73% -262.85% 668.05% 2.33% 1
Non US
13.25% -716.47% 73.38% 10.99% 3

ACIGX - Expenses

Operational Fees

ACIGX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.65% 0.01% 19.72% 22.46% 4
Management Fee 0.10% 0.00% 1.70% 10.64% 1
12b-1 Fee 0.25% 0.00% 1.00% 3.67% 3
Administrative Fee 0.01% 0.00% 0.55% 9.68% 1

Sales Fees

ACIGX Fees (% of AUM) Category Low Category High ACIGX Rank Quintile
Front Load N/A 0.15% 5.75% N/A N/A
Deferred Load N/A 0.50% 5.50% N/A N/A

Trading Fees

ACIGX Fees (% of AUM) Category Low Category High ACIGX Rank Quintile
Max Redemption Fee N/A 0.11% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ACIGX Fees (% of AUM) Category Low Category High ACIGX Rank Quintile
Turnover 59.00% 0.00% 1837.00% 11.54% 4

ACIGX - Distributions

Dividend Yield Analysis

ACIGX Category Low Category High ACIGX % Rank Quintile
Dividend Yield 0.2% 0.00% 2.18% 60.84% 4

Dividend Distribution Analysis

ACIGX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

ACIGX Category Low Category High ACIGX % Rank Quintile
Net Income Ratio 3.04% -1.83% 7.59% 9.75% 1

Capital Gain Distribution Analysis

ACIGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

ACIGX - Managers

Nathan J. Rowader

Lead Manager

Start Date

Feb 28, 2007

Tenure

8.34

Tenure Rank

2.9%

Mr. Rowader has been with Forward Management since September 2008 as Director of Investments. Mr. Rowader has primary responsibility for the day-to-day management of the Allocation Funds and co-primary responsibility for the day-to-day management of the Forward Frontier Strategy Fund, Forward U.S. Government Money Fund and the cash portion of the Forward Emerging Markets Fund. Prior to joining Forward Management, Mr. Rowader was with Accessor Capital Management from February 2007, as Investment Officer and member of Accessor’s Investment Committee; from December 2007, as Senior Investment Officer; and from February 2008 as Chief Investment Officer. Prior to Accessor Capital Management, Mr. Rowader was a Risk Management Analyst at OppenheimerFunds from 2005 to February 2007 and a Fund Analyst at OppenheimerFunds from 2004 to 2005. Prior to the OppenheimerFunds, Mr. Rowader served as a Financial Consultant at Linsco/Private Ledger from 2003 to 2004 and as a Senior Project Manager at WallStreetOnDemand from 1998 to 2003. Mr. Rowader holds an MBA. Mr. Rowader has managed the Allocation Funds and the Forward U.S. Government Money Fund since February 2007, the cash portion of the Forward Emerging Markets Fund since August 2009, and the Forward Frontier Strategy Fund since its inception in December 2008.


Paul Broughton

Manager

Start Date

Feb 01, 2011

Tenure

4.41

Tenure Rank

7.1%

Mr. Broughton has been with Forward Management since December 2010 as Assistant Portfolio Manager. Mr. Broughton has co-primary responsibility for the day-to-day management of the Forward U.S. Government Money Fund. Prior to joining Forward Management, Mr. Broughton was a Senior Financial Analyst for the Sacramento Municipal Utility District, where he managed the District’s fixed income portfolio, from January 2010 to November 2010. From March 2006 to January 2010, Mr. Broughton was VP/Investment Officer for Pacific Capital Bancorp where he managed the Bank’s bond portfolio. Previously, Mr. Broughton was a Fixed Income Trader (July 2002 to February 2006) and a Senior Priority Investment Specialist (June 1997 to July 2002) with American Century Investments, and was employed as an Investment Accountant for State Street from March 1996 to May 1997. Mr. Broughton is a Chartered Financial Analyst. Mr. Broughton has managed the Allocation Funds, the cash portion of the Forward Emerging Markets Fund, the Forward Frontier Strategy Fund, and the Forward U.S. Government Money Fund since February 2011.


David Janec

Manager

Start Date

May 01, 2014

Tenure

1.16

Tenure Rank

11.2%

David Janec has been with Forward since September 2008 as Investment Specialist. Mr. Janec has primary responsibility in the areas of trading, valuation and risk management of the Forward Frontier Strategy Fund, Forward Strategic Alternatives Fund, the cash portion of the Forward Emerging Markets Fund, and the cash portion of the Forward International Small Companies Fund. Prior to joining Forward Mr. Janec was with Accessor Capital Management from April 2007 as an Operations Analyst, from April 2008 as a Junior Investment Analyst, and from March 2009 as an Investment Analyst. Prior to Accessor Capital Management, Mr. Janec was an Operations Associate at E*Trade from 2005 to 2006 and an Operations Associate at BrownCo from 2004 to 2005.


Tenure Analysis

Category Low

0.0

Category High

27.3

Category Average

5.52

Category Mode

4.3