0001193125-13-064708.txt : 20130219 0001193125-13-064708.hdr.sgml : 20130219 20130219124809 ACCESSION NUMBER: 0001193125-13-064708 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20130219 DATE AS OF CHANGE: 20130219 EFFECTIVENESS DATE: 20130219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Forward Funds CENTRAL INDEX KEY: 0000889188 IRS NUMBER: 232696899 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-48940 FILM NUMBER: 13622518 BUSINESS ADDRESS: STREET 1: 101 CALIFORNIA STREET STREET 2: SUITE 1600 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 800-232-0224 MAIL ADDRESS: STREET 1: 101 CALIFORNIA STREET STREET 2: SUITE 1600 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 FORMER COMPANY: FORMER CONFORMED NAME: HOMESTATE GROUP DATE OF NAME CHANGE: 19920929 0000889188 S000001216 Forward Small Cap Equity Fund C000082477 Class M FSCMX 0000889188 S000001217 Forward International Dividend Fund C000100470 Class M FIDMX 0000889188 S000001223 Forward Emerging Markets Fund C000082478 Class M FEMMX 0000889188 S000001224 Forward International Small Companies Fund C000082479 Class M FNSMX 0000889188 S000014984 Forward Credit Analysis Long/Short Fund C000082480 Class M FLSMX 0000889188 S000024725 Forward Frontier Strategy Fund C000100471 Class M FROMX 0000889188 S000025527 Forward Select Income Fund C000082481 Class M FSIMX 0000889188 S000025528 Forward Global Infrastructure Fund C000082482 Class M FGIMX 0000889188 S000025529 Forward International Real Estate Fund C000100472 Class M FINMX 0000889188 S000025530 Forward Real Estate Long/Short Fund C000100473 Class M FRLSX 0000889188 S000026529 Forward Tactical Growth Fund C000082483 Class M FTGMX 0000889188 S000030890 Forward Tactical Enhanced Fund C000095852 Class M FTENX 0000889188 S000030891 Forward Commodity Long/Short Strategy Fund C000095855 Class M FCMSX 0000889188 S000031987 Forward Select EM Dividend Fund C000099575 Class M FSLMX 0000889188 S000034094 Forward Global Credit Long/Short Fund C000105113 Class M FGCMX 0000889188 S000035204 Forward Endurance Long/Short Fund C000108297 Class M 0000889188 S000035876 Forward Managed Futures Strategy Fund C000109978 Class M FUTMX 497 1 d480469d497.htm FORM 497 XBRL Form 497 XBRL

Forward Funds

101 California Street, 16th Floor

San Francisco, California 94111

February 19, 2013

Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, D.C. 20549-1520

 

RE:    Forward Funds (“Registrant”)
   File Nos: 033-48940
                   811-06722

On behalf of the Registrant and pursuant to Rule 497(c) under the Securities Act of 1933, as amended, attached for filing are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information in a supplement, dated February 11, 2013, to the Prospectus dated May 1, 2012, for Class A, Class B, Class C and Class M shares of the Forward Commodity Long/Short Strategy Fund, Forward Credit Analysis Long/Short Fund, Forward Emerging Markets Fund, Forward Endurance Long/Short Fund, Forward Frontier Strategy Fund, Forward Global Credit Long/Short Fund, Forward Global Infrastructure Fund, Forward International Dividend Fund, Forward International Real Estate Fund, Forward International Small Companies Fund, Forward Managed Futures Strategy Fund, Forward Real Estate Long/Short Fund, Forward Select EM Dividend Fund, Forward Select Income Fund, Forward Small Cap Equity Fund, Forward Tactical Enhanced Fund and Forward Tactical Growth Fund (collectively, the “Funds”). The purpose of the filing is to submit the 497(c) filing dated February 11, 2013 in XBRL for the Funds.

If you have any questions regarding this filing, please contact Erin Nelson, Vice President and Assistant General Counsel with the Registrant’s service provider, ALPS Fund Services, Inc., at (720) 917-0602.

Sincerely,

 

/s/ Robert S. Naka

Robert S. Naka
Secretary and Vice President, Funds
EX-101.INS 2 ff10-20130211.xml XBRL INSTANCE DOCUMENT 0000889188 2011-05-02 2012-05-01 0000889188 ff10:S000001216Member 2011-05-02 2012-05-01 0000889188 ff10:S000001217Member 2011-05-02 2012-05-01 0000889188 ff10:S000001223Member 2011-05-02 2012-05-01 0000889188 ff10:S000001224Member 2011-05-02 2012-05-01 0000889188 ff10:S000014984Member 2011-05-02 2012-05-01 0000889188 ff10:S000024725Member 2011-05-02 2012-05-01 0000889188 ff10:S000025527Member 2011-05-02 2012-05-01 0000889188 ff10:S000025528Member 2011-05-02 2012-05-01 0000889188 ff10:S000025529Member 2011-05-02 2012-05-01 0000889188 ff10:S000025530Member 2011-05-02 2012-05-01 0000889188 ff10:S000026529Member 2011-05-02 2012-05-01 0000889188 ff10:S000030890Member 2011-05-02 2012-05-01 0000889188 ff10:S000031987Member 2011-05-02 2012-05-01 0000889188 ff10:S000034094Member 2011-05-02 2012-05-01 0000889188 ff10:S000035204Member 2011-05-02 2012-05-01 0000889188 ff10:S000035876Member 2011-05-02 2012-05-01 0000889188 ff10:S000030891Member 2011-05-02 2012-05-01 Other 2012-05-01 2011-12-31 Forward Funds 0000889188 2013-02-11 2013-02-11 false <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="5"><b>FORWARD FUNDS </b></font></p> <p style="line-height:4px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>Supplement dated February&nbsp;11, 2013 </b></font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>to the </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><i>Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class&nbsp;A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class&nbsp;A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class&nbsp;A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information </i></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>each dated May&nbsp;1, 2012, as supplemented </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px" align="center"><font style="font-family:arial" size="2"><b>IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES </b></font></p> <p style="margin-top:0px;margin-bottom:-6px"><font size="1">&nbsp;</font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2"><b>The following information applies to Class M shares only: </b></font></p> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:arial" size="2">Effective May&nbsp;1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May&nbsp;1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares. </font></p> <p style="margin-top:0px;margin-bottom:0px"><font size="1">&nbsp;</font></p> EX-101.SCH 3 ff10-20130211.xsd XBRL TAXONOMY EXTENSION SCHEMA 000000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 000010 - Document - Risk/Return Supplement {Unlabeled} - Forward Funds link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Summary {Unlabeled} - Forward Commodity Long/Short Strategy Fund link:presentationLink link:calculationLink link:definitionLink 000012 - Schedule - Shareholder Fees {- Forward Commodity Long/Short Strategy Fund} link:presentationLink link:calculationLink link:definitionLink 000013 - Schedule - Annual Fund Operating Expenses {- Forward Commodity Long/Short Strategy Fund} link:presentationLink link:calculationLink link:definitionLink 000014 - Schedule - Expense Example {Transposed} {- Forward Commodity Long/Short Strategy Fund} link:presentationLink link:calculationLink link:definitionLink 000015 - Schedule - Expense Example, No Redemption {Transposed} {- Forward Commodity Long/Short Strategy Fund} link:presentationLink link:calculationLink link:definitionLink 000016 - Schedule - Annual Total Returns - Forward Commodity Long/Short Strategy Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000017 - Schedule - Average Annual Total Returns {Transposed} {- Forward Commodity Long/Short Strategy Fund} link:presentationLink link:calculationLink link:definitionLink 000018 - Document - Risk/Return Detail {Unlabeled} - Forward Commodity Long/Short Strategy Fund link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - Forward Funds link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 ff10-20130211_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 ff10-20130211_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 ff10-20130211_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 7 ff10-20130211_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 8 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } EXCEL 9 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%]C,&(T-#@T,U]A,#`R7S0W8CE?.&$P8U]B869D M8F4Q8F,X96,B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O6QE#I!8W1I=F53:&5E=#X-"B`@/'@Z4')O M=&5C=%-T#I0#I0#I0&UL/CPA6V5N9&EF72TM/@T*/"]H96%D M/@T*("`\8F]D>3X-"B`@(#QP/E1H:7,@<&%G92!S:&]U;&0@8F4@;W!E;F5D M('=I=&@@36EC'1087)T7V,P8C0T.#0S7V$P M,#)?-#=B.5\X83!C7V)A9F1B93%B8SAE8PT*0V]N=&5N="U,;V-A=&EO;CH@ M9FEL93HO+R]#.B]C,&(T-#@T,U]A,#`R7S0W8CE?.&$P8U]B869D8F4Q8F,X M96,O5V]R:W-H965T'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA3PO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^,#`P,#@X.3$X.#QS<&%N M/CPO'0^36%Y(#$L#0H)"3(P,3(\'0O:F%V M87-C3X-"B`@("`\=&%B M;&4@8VQA'0^ M/'`@#MM87)G:6XM8F]T=&]M.C!P>"!A M;&EG;CTS1&-E;G1EF4],T0U/CQB/D9/4E=!4D0@1E5.1%,@/"]B/CPO9F]N=#X\+W`^(#QP M('-T>6QE/3-$)VQI;F4M:&5I9VAT.C1P>#MM87)G:6XM=&]P.C!P>#MM87)G M:6XM8F]T=&]M.C)P>#MB;W)D97(M8F]T=&]M.C`N-7!T('-O;&ED(",P,#`P M,#`G/B9N8G-P.SPO<#X@/'`@#MM87)G M:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P M/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I M86P@29N8G-P M.S$Q+"`R,#$S(#PO8CX\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^ M/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ M87)I86P@2!02!&=6YD+"!3=6UM87)Y(%!R;W-P96-T M=7,@9F]R($-L87-S)FYB2!02!02!&=6YD+"!3=6UM87)Y M(%!R;W-P96-T=7,@9F]R($-L87-S($,@86YD($-L87-S($T@4VAA2!& M=6YD+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R($-L87-S)FYB6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HM-G!X M/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$ M;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT M97(^/&9O;G0@3IA29N8G-P.S$L(#(P,3(L(&%S('-U<'!L96UE;G1E M9"`\+V(^/"]F;VYT/CPO<#X@/'`@#MM M87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^ M/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ M87)I86P@6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HM M-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE M/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@3IA3H@/"]B/CPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[ M;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@3IA M2P@969F96-T:79E($UA>29N8G-P.S$L(#(P,3,L M(&%L;"!R969E6QE/3-$;6%R9VEN M+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`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`\<"!S='EL93TS M1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$;6%R9VEN+71O<#HP<'@[ M;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/DE-4$]25$%.5"!.3U1)0T4@4D5'05)$24Y' M($-(04Y'12!)3B!.04U%($]&($-,05-3($T@4TA!4D53(#PO8CX\+V9O;G0^ M/"]P/B`\<"!S='EL93TS1&UA#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL M93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$9F]N="UF86UI;'DZ M87)I86P@29N8G-P.S$L(#(P,3,L($-L M87-S($T@F4],T0Q/B9N M8G-P.SPO9F]N=#X\+W`^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$6QE/3-$;6%R9VEN M+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^/&9O M;G0@3IA6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O M;G0@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1E#MM87)G:6XM8F]T M=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/G1O('1H92`\+V(^/"]F;VYT/CPO<#X@ M/'`@#MM87)G:6XM8F]T=&]M.BTV<'@^ M/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1E MF4],T0R/CQI M/E-U;6UA2!02!02!02!02!02!&=6YD+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R($-L87-S)FYB M2!0#X\9F]N="!S:7IE/3-$,3XF M;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$ M9F]N="UF86UI;'DZ87)I86P@6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^ M/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1E MF4],T0R/CQB M/DE-4$]25$%.5"!.3U1)0T4@4D5'05)$24Y'($-(04Y'12!)3B!.04U%($]& M($-,05-3($T@4TA!4D53(#PO8CX\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA M#X\9F]N="!S:7IE/3-$ M,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ M87)I86P@6QE/3-$9F]N="UF86UI;'DZ87)I86P@29N8G-P.S$L(#(P,3,L($-L87-S($T@F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R M9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA6QE/3-$;6%R M9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@#MM M87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/E-U<'!L96UE;G0@9&%T M960@1F5B#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG M;CTS1&-E;G1EF4],T0R/CQB/G1O('1H92`\+V(^/"]F;VYT/CPO<#X@/'`@#MM87)G:6XM8F]T=&]M.BTV<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQI/E-U;6UA2!02!02!02!02!02!&=6YD M+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R($-L87-S)FYB2!0#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^ M/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ M87)I86P@6QE/3-$ M;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/DE-4$]25$%.5"!. M3U1)0T4@4D5'05)$24Y'($-(04Y'12!)3B!.04U%($]&($-,05-3($T@4TA! M4D53(#PO8CX\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O M;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@6QE M/3-$9F]N="UF86UI;'DZ87)I86P@29N M8G-P.S$L(#(P,3,L($-L87-S($T@F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI M9VX],T1C96YT97(^/&9O;G0@3IA6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN M+6)O='1O;3HP<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P>"!A M;&EG;CTS1&-E;G1EF4],T0R/CQB/E-U<'!L96UE;G0@9&%T960@1F5B#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/G1O('1H92`\ M+V(^/"]F;VYT/CPO<#X@/'`@#MM87)G M:6XM8F]T=&]M.BTV<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P M>"!A;&EG;CTS1&-E;G1EF4],T0R/CQI/E-U;6UA2!02!0 M2!02!02!02!&=6YD+"!3=6UM87)Y(%!R;W-P96-T M=7,@9F]R($-L87-S)FYB2!0#X\ M9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA M6QE/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R M9VEN+6)O='1O;3HP<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P M>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/DE-4$]25$%.5"!.3U1)0T4@4D5'05)$24Y'($-( M04Y'12!)3B!.04U%($]&($-,05-3($T@4TA!4D53(#PO8CX\+V9O;G0^/"]P M/B`\<"!S='EL93TS1&UA#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS M1&UA6QE M/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$9F]N="UF86UI;'DZ87)I M86P@29N8G-P.S$L(#(P,3,L($-L87-S M($T@F4],T0Q/B9N8G-P M.SPO9F]N=#X\+W`^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0@0FQO8VM=/"]T M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^9F8Q,%]3=7!P;&5M96YT5&5X M=$)L;V-K/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<"!S='EL M93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T M>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX] M,T1C96YT97(^/&9O;G0@3IA6QE/3-$;6%R9VEN+71O<#HP<'@[ M;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O M='1O;3HM-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP M('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI M9VX],T1C96YT97(^/&9O;G0@3IA2!,;VYG M+U-H;W)T(%-T2!0 M2!02!02!0#MM87)G:6XM8F]T=&]M.BTV<'@^/&9O;G0@ M#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP M('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI M9VX],T1C96YT97(^/&9O;G0@3IA#MM87)G:6XM8F]T=&]M.BTV<'@^/&9O M;G0@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S='EL93TS1&9O M;G0M9F%M:6QY.F%R:6%L('-I>F4],T0R/CQB/E1H92!F;VQL;W=I;F<@:6YF M;W)M871I;VX@87!P;&EE#MM87)G:6XM M8F]T=&]M.C!P>#X\9F]N="!S='EL93TS1&9O;G0M9F%M:6QY.F%R:6%L('-I M>F4],T0R/D5F9F5C=&EV92!-87DF;F)S<#LQ+"`R,#$S+"!#;&%S#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O M;G0^/"]P/CQS<&%N/CPO'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'1";&]C:SPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1E6QE/3-$)VQI;F4M M:&5I9VAT.C1P>#MM87)G:6XM=&]P.C!P>#MM87)G:6XM8F]T=&]M.C)P>#MB M;W)D97(M8F]T=&]M.C`N-7!T('-O;&ED(",P,#`P,#`G/B9N8G-P.SPO<#X@ M/'`@#MM87)G:6XM8F]T=&]M.C!P>#X\ M9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA M6QE/3-$9F]N="UF86UI;'DZ87)I86P@29N8G-P.S$Q+"`R,#$S(#PO8CX\ M+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF M86UI;'DZ87)I86P@#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS M1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@2!02!0 M2!&=6YD+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R M($-L87-S($,@86YD($-L87-S($T@4VAA2!&=6YD+"!3=6UM87)Y(%!R M;W-P96-T=7,@9F]R($-L87-S)FYB6QE/3-$;6%R M9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HM-G!X/CQF;VYT('-I>F4],T0Q M/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[ M;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA29N8G-P.S$L(#(P,3(L(&%S('-U<'!L96UE;G1E9"`\+V(^/"]F;VYT/CPO M<#X@/'`@#MM87)G:6XM8F]T=&]M.C!P M>#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS M1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$ M;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HM-G!X/CQF;VYT('-I>F4] M,T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP M<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@3IA3H@/"]B/CPO9F]N=#X\ M+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP M<'@^/&9O;G0@3IA2P@969F96-T:79E($UA>29N8G-P.S$L(#(P,3,L(&%L;"!R969E6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN M+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA6QE/3-$;6%R9VEN M+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@#MM87)G M:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/E-U<'!L96UE;G0@9&%T960@ M1F5B#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS M1&-E;G1EF4] M,T0R/CQB/G1O('1H92`\+V(^/"]F;VYT/CPO<#X@/'`@#MM87)G:6XM8F]T=&]M.BTV<'@^/&9O;G0@#MM M87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQI/E-U;6UA2!02!02!02!02!02!02!&=6YD+"!3 M=6UM87)Y(%!R;W-P96-T=7,@9F]R($-L87-S)FYB2!0#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P M/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I M86P@6QE/3-$;6%R M9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@#MM M87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/DE-4$]25$%.5"!.3U1) M0T4@4D5'05)$24Y'($-(04Y'12!)3B!.04U%($]&($-,05-3($T@4TA!4D53 M(#PO8CX\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^ M/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$ M9F]N="UF86UI;'DZ87)I86P@29N8G-P M.S$L(#(P,3,L($-L87-S($T@F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6QE M/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C M96YT97(^/&9O;G0@3IA6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O M;3HP<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS M1&-E;G1EF4] M,T0R/CQB/E-U<'!L96UE;G0@9&%T960@1F5B#MM M87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/G1O('1H92`\+V(^/"]F M;VYT/CPO<#X@/'`@#MM87)G:6XM8F]T M=&]M.BTV<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG M;CTS1&-E;G1EF4],T0R/CQI/E-U;6UA2!02!02!0 M2!02!02!&=6YD+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R M($-L87-S)FYB2!0 M#X\9F]N="!S M:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O M='1O;3HP<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG M;CTS1&-E;G1EF4],T0R/CQB/DE-4$]25$%.5"!.3U1)0T4@4D5'05)$24Y'($-(04Y'12!) M3B!.04U%($]&($-,05-3($T@4TA!4D53(#PO8CX\+V9O;G0^/"]P/B`\<"!S M='EL93TS1&UA#X\9F]N M="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N M="UF86UI;'DZ87)I86P@6QE/3-$9F]N="UF86UI;'DZ87)I86P@29N8G-P.S$L(#(P,3,L($-L87-S($T@F4],T0Q/B9N8G-P.SPO9F]N M=#X\+W`^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'1";&]C:SPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'`@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0U/CQB/D9/4E=!4D0@ M1E5.1%,@/"]B/CPO9F]N=#X\+W`^(#QP('-T>6QE/3-$)VQI;F4M:&5I9VAT M.C1P>#MM87)G:6XM=&]P.C!P>#MM87)G:6XM8F]T=&]M.C)P>#MB;W)D97(M M8F]T=&]M.C`N-7!T('-O;&ED(",P,#`P,#`G/B9N8G-P.SPO<#X@/'`@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S M:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@29N8G-P.S$Q+"`R,#$S(#PO8CX\+V9O;G0^ M/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ M87)I86P@#X\9F]N M="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@2!02!&=6YD+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R($-L87-S)FYB2!02!02!&=6YD+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R($-L87-S M($,@86YD($-L87-S($T@4VAA2!&=6YD+"!3=6UM87)Y(%!R;W-P96-T M=7,@9F]R($-L87-S)FYB6QE/3-$;6%R9VEN+71O M<#HP<'@[;6%R9VEN+6)O='1O;3HM-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P M.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN M+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA29N8G-P M.S$L(#(P,3(L(&%S('-U<'!L96UE;G1E9"`\+V(^/"]F;VYT/CPO<#X@/'`@ M#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N M="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$;6%R9VEN M+71O<#HP<'@[;6%R9VEN+6)O='1O;3HM-G!X/CQF;VYT('-I>F4],T0Q/B9N M8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R M9VEN+6)O='1O;3HP<'@^/&9O;G0@3IA3H@/"]B/CPO9F]N=#X\+W`^(#QP M('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O M;G0@3IA2P@969F M96-T:79E($UA>29N8G-P.S$L(#(P,3,L(&%L;"!R969E6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O M;3HP<'@^/&9O;G0@'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'1";&]C:SPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'`@#MM87)G M:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0U/CQB/D9/4E=!4D0@1E5.1%,@/"]B M/CPO9F]N=#X\+W`^(#QP('-T>6QE/3-$)VQI;F4M:&5I9VAT.C1P>#MM87)G M:6XM=&]P.C!P>#MM87)G:6XM8F]T=&]M.C)P>#MB;W)D97(M8F]T=&]M.C`N M-7!T('-O;&ED(",P,#`P,#`G/B9N8G-P.SPO<#X@/'`@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF M;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$ M9F]N="UF86UI;'DZ87)I86P@29N8G-P.S$Q+"`R,#$S(#PO8CX\+V9O;G0^/"]P/B`\<"!S M='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@#X\9F]N="!S:7IE/3-$ M,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE M/3-$9F]N="UF86UI;'DZ87)I86P@2!02!02!02!&=6YD+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R($-L87-S($,@86YD($-L M87-S($T@4VAA2!&=6YD+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R($-L M87-S)FYB6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R M9VEN+6)O='1O;3HM-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\ M+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP M<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA M29N8G-P.S$L(#(P,3(L M(&%S('-U<'!L96UE;G1E9"`\+V(^/"]F;VYT/CPO<#X@/'`@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$ M,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE M/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$;6%R9VEN+71O<#HP<'@[ M;6%R9VEN+6)O='1O;3HM-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N M=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O M;3HP<'@^/&9O;G0@3IA3H@/"]B/CPO9F]N=#X\+W`^(#QP('-T>6QE/3-$ M;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@3IA2P@969F96-T:79E($UA M>29N8G-P.S$L(#(P,3,L(&%L;"!R969E6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O M;G0@'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@#MM87)G:6XM8F]T=&]M.C!P M>"!A;&EG;CTS1&-E;G1EF4],T0U/CQB/D9/4E=!4D0@1E5.1%,@/"]B/CPO9F]N=#X\+W`^ M(#QP('-T>6QE/3-$)VQI;F4M:&5I9VAT.C1P>#MM87)G:6XM=&]P.C!P>#MM M87)G:6XM8F]T=&]M.C)P>#MB;W)D97(M8F]T=&]M.C`N-7!T('-O;&ED(",P M,#`P,#`G/B9N8G-P.SPO<#X@/'`@#MM M87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^ M/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ M87)I86P@29N M8G-P.S$Q+"`R,#$S(#PO8CX\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O M;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI M;'DZ87)I86P@2!02!&=6YD+"!3=6UM87)Y(%!R;W-P M96-T=7,@9F]R($-L87-S)FYB2!02!02!&=6YD+"!3=6UM M87)Y(%!R;W-P96-T=7,@9F]R($-L87-S($,@86YD($-L87-S($T@4VAA2!&=6YD+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R($-L87-S)FYB6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HM M-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE M/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C M96YT97(^/&9O;G0@3IA29N8G-P.S$L(#(P,3(L(&%S('-U<'!L96UE M;G1E9"`\+V(^/"]F;VYT/CPO<#X@/'`@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O M;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI M;'DZ87)I86P@6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O M;3HM-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T M>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@ M3IA3H@/"]B/CPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP M<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@3IA2P@969F96-T:79E($UA>29N8G-P.S$L(#(P M,3,L(&%L;"!R969E6QE/3-$;6%R M9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@'0@0FQO8VM=/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$=&@^9F8Q,%]3=7!P;&5M96YT5&5X=$)L;V-K/"]T M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R M9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^ M/&9O;G0@3IA6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O M='1O;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HM-G!X M/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$ M;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT M97(^/&9O;G0@3IA2!,;VYG+U-H;W)T(%-T M2!02!02!02!02!0#MM87)G:6XM8F]T=&]M.BTV<'@^/&9O;G0@#MM M87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/F5A8V@@9&%T960@36%Y M)FYBF4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$ M;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT M97(^/&9O;G0@3IA#MM87)G:6XM8F]T=&]M.BTV<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S='EL93TS1&9O;G0M9F%M:6QY M.F%R:6%L('-I>F4],T0R/CQB/E1H92!F;VQL;W=I;F<@:6YF;W)M871I;VX@ M87!P;&EE#MM87)G:6XM8F]T=&]M.C!P M>#X\9F]N="!S='EL93TS1&9O;G0M9F%M:6QY.F%R:6%L('-I>F4],T0R/D5F M9F5C=&EV92!-87DF;F)S<#LQ+"`R,#$S+"!#;&%S#MM87)G:6XM M8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/CQS M<&%N/CPO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'`@#MM87)G:6XM M8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0U/CQB/D9/4E=!4D0@1E5.1%,@/"]B/CPO M9F]N=#X\+W`^(#QP('-T>6QE/3-$)VQI;F4M:&5I9VAT.C1P>#MM87)G:6XM M=&]P.C!P>#MM87)G:6XM8F]T=&]M.C)P>#MB;W)D97(M8F]T=&]M.C`N-7!T M('-O;&ED(",P,#`P,#`G/B9N8G-P.SPO<#X@/'`@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF;F)S M<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N M="UF86UI;'DZ87)I86P@29N8G-P.S$Q+"`R,#$S(#PO8CX\+V9O;G0^/"]P/B`\<"!S='EL M93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@#X\9F]N="!S:7IE/3-$,3XF M;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$ M9F]N="UF86UI;'DZ87)I86P@2!02!02!02!& M=6YD+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R($-L87-S($,@86YD($-L87-S M($T@4VAA6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN M+6)O='1O;3HM-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^ M(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@ M86QI9VX],T1C96YT97(^/&9O;G0@3IA29N8G-P.S$L(#(P,3(L(&%S M('-U<'!L96UE;G1E9"`\+V(^/"]F;VYT/CPO<#X@/'`@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF M;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$ M9F]N="UF86UI;'DZ87)I86P@6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R M9VEN+6)O='1O;3HM-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\ M+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP M<'@^/&9O;G0@3IA3H@/"]B/CPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R M9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@3IA2P@969F96-T:79E($UA>29N M8G-P.S$L(#(P,3,L(&%L;"!R969E6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@ M6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O M;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA6QE/3-$;6%R9VEN+71O<#HP M<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@#MM87)G:6XM8F]T M=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/E-U<'!L96UE;G0@9&%T960@1F5B#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1E MF4],T0R/CQB M/G1O('1H92`\+V(^/"]F;VYT/CPO<#X@/'`@#MM87)G:6XM8F]T=&]M.BTV<'@^/&9O;G0@#MM87)G:6XM M8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQI/E-U;6UA2!0 M2!02!02!02!02!02!&=6YD+"!3=6UM87)Y M(%!R;W-P96-T=7,@9F]R($-L87-S)FYB2!0#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S M='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$;6%R9VEN+71O M<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@#MM87)G:6XM M8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/DE-4$]25$%.5"!.3U1)0T4@4D5' M05)$24Y'($-(04Y'12!)3B!.04U%($]&($-,05-3($T@4TA!4D53(#PO8CX\ M+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\ M<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$9F]N="UF M86UI;'DZ87)I86P@29N8G-P.S$L(#(P M,3,L($-L87-S($T@F4] M,T0Q/B9N8G-P.SPO9F]N=#X\+W`^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'1" M;&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E M;G1EF4],T0U M/CQB/D9/4E=!4D0@1E5.1%,@/"]B/CPO9F]N=#X\+W`^(#QP('-T>6QE/3-$ M)VQI;F4M:&5I9VAT.C1P>#MM87)G:6XM=&]P.C!P>#MM87)G:6XM8F]T=&]M M.C)P>#MB;W)D97(M8F]T=&]M.C`N-7!T('-O;&ED(",P,#`P,#`G/B9N8G-P M.SPO<#X@/'`@#MM87)G:6XM8F]T=&]M M.C!P>#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL M93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@29N8G-P.S$Q+"`R,#$S M(#PO8CX\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$ M9F]N="UF86UI;'DZ87)I86P@#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S M='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@2!02!02!02!&=6YD+"!3=6UM87)Y(%!R;W-P96-T M=7,@9F]R($-L87-S($,@86YD($-L87-S($T@4VAA2!&=6YD+"!3=6UM M87)Y(%!R;W-P96-T=7,@9F]R($-L87-S)FYB6QE M/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HM-G!X/CQF;VYT('-I M>F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O M<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@ M3IA29N8G-P.S$L(#(P,3(L(&%S('-U<'!L96UE;G1E9"`\+V(^/"]F M;VYT/CPO<#X@/'`@#MM87)G:6XM8F]T M=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/B`\<"!S M='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HM-G!X/CQF;VYT M('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN M+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@3IA3H@/"]B/CPO M9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O M='1O;3HP<'@^/&9O;G0@3IA2P@969F96-T:79E($UA>29N8G-P.S$L(#(P,3,L(&%L;"!R969E M'0@0FQO8VM=/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$=&@^9F8Q,%]3=7!P;&5M96YT5&5X=$)L;V-K/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN M+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^/&9O M;G0@3IA6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O M;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HM-G!X/CQF M;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R M9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^ M/&9O;G0@3IA2!,;VYG+U-H;W)T(%-T2!02!02!02!02!0#MM87)G:6XM8F]T=&]M.BTV<'@^/&9O;G0@#MM87)G M:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0R/CQB/F5A8V@@9&%T960@36%Y)FYB MF4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R M9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^ M/&9O;G0@3IA#MM87)G:6XM8F]T=&]M.BTV<'@^/&9O;G0@#MM M87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S='EL93TS1&9O;G0M9F%M:6QY.F%R M:6%L('-I>F4],T0R/CQB/E1H92!F;VQL;W=I;F<@:6YF;W)M871I;VX@87!P M;&EE#MM87)G:6XM8F]T=&]M.C!P>#X\ M9F]N="!S='EL93TS1&9O;G0M9F%M:6QY.F%R:6%L('-I>F4],T0R/D5F9F5C M=&EV92!-87DF;F)S<#LQ+"`R,#$S+"!#;&%S#MM87)G:6XM8F]T M=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF;F)S<#L\+V9O;G0^/"]P/CQS<&%N M/CPO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'`@#MM87)G:6XM M8F]T=&]M.C!P>"!A;&EG;CTS1&-E;G1EF4],T0U/CQB/D9/4E=!4D0@1E5.1%,@/"]B/CPO M9F]N=#X\+W`^(#QP('-T>6QE/3-$)VQI;F4M:&5I9VAT.C1P>#MM87)G:6XM M=&]P.C!P>#MM87)G:6XM8F]T=&]M.C)P>#MB;W)D97(M8F]T=&]M.C`N-7!T M('-O;&ED(",P,#`P,#`G/B9N8G-P.SPO<#X@/'`@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF;F)S M<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$9F]N M="UF86UI;'DZ87)I86P@29N8G-P.S$Q+"`R,#$S(#PO8CX\+V9O;G0^/"]P/B`\<"!S='EL M93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I86P@#X\9F]N="!S:7IE/3-$,3XF M;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$ M9F]N="UF86UI;'DZ87)I86P@2!02!02!02!& M=6YD+"!3=6UM87)Y(%!R;W-P96-T=7,@9F]R($-L87-S($,@86YD($-L87-S M($T@4VAA6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN M+6)O='1O;3HM-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\+W`^ M(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@ M86QI9VX],T1C96YT97(^/&9O;G0@3IA29N8G-P.S$L(#(P,3(L(&%S M('-U<'!L96UE;G1E9"`\+V(^/"]F;VYT/CPO<#X@/'`@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF M;F)S<#L\+V9O;G0^/"]P/B`\<"!S='EL93TS1&UA6QE/3-$ M9F]N="UF86UI;'DZ87)I86P@6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R M9VEN+6)O='1O;3HM-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N=#X\ M+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP M<'@^/&9O;G0@3IA3H@/"]B/CPO9F]N=#X\+W`^(#QP('-T>6QE/3-$;6%R M9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@3IA2P@969F96-T:79E($UA>29N M8G-P.S$L(#(P,3,L(&%L;"!R969E6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@ M'0@ M0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^9F8Q,%]3=7!P M;&5M96YT5&5X=$)L;V-K/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X M=#X\<"!S='EL93TS1&UA6QE/3-$9F]N="UF86UI;'DZ87)I M86P@F4],T0Q/B9N8G-P.SPO9F]N=#X\ M+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP M<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA M6QE/3-$;6%R9VEN M+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@@86QI9VX],T1C96YT97(^/&9O M;G0@3IA6QE/3-$;6%R9VEN+71O<#HP<'@[ M;6%R9VEN+6)O='1O;3HM-G!X/CQF;VYT('-I>F4],T0Q/B9N8G-P.SPO9F]N M=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O M;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA2!,;VYG+U-H;W)T(%-T2!02!02!02!0#MM87)G:6XM8F]T=&]M.BTV M<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P>"!A;&EG;CTS1&-E M;G1EF4],T0R M/CQB/F5A8V@@9&%T960@36%Y)FYBF4],T0Q/B9N8G-P.SPO9F]N M=#X\+W`^(#QP('-T>6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O M;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@3IA#MM87)G:6XM8F]T=&]M M.BTV<'@^/&9O;G0@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S M='EL93TS1&9O;G0M9F%M:6QY.F%R:6%L('-I>F4],T0R/CQB/E1H92!F;VQL M;W=I;F<@:6YF;W)M871I;VX@87!P;&EE#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S='EL93TS1&9O;G0M9F%M:6QY M.F%R:6%L('-I>F4],T0R/D5F9F5C=&EV92!-87DF;F)S<#LQ+"`R,#$S+"!# M;&%S#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S:7IE/3-$,3XF M;F)S<#L\+V9O;G0^/"]P/CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^ M1F5B(#$Q+`T*"0DR,#$S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM M/5].97AT4&%R=%]C,&(T-#@T,U]A,#`R7S0W8CE?.&$P8U]B869D8F4Q8F,X M96,-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO8S!B-#0X-#-?83`P M,E\T-V(Y7SAA,&-?8F%F9&)E,6)C.&5C+U=O&UL#0I#;VYT96YT+51R86YS9F5R+45N8V]D:6YG.B!Q=6]T960M<')I;G1A M8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@8VAA&UL;G,Z;STS1")U&UL/@T*+2TM+2TM/5].97AT4&%R=%]C G,&(T-#@T,U]A,#`R7S0W8CE?.&$P8U]B869D8F4Q8F,X96,M+0T* ` end XML 10 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

XML 11 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 12 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName Forward Funds
Prospectus Date rr_ProspectusDate May 01, 2012
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Small Cap Equity Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward International Dividend Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Emerging Markets Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward International Small Companies Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Credit Analysis Long/Short Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Frontier Strategy Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Select Income Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Global Infrastructure Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward International Real Estate Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Real Estate Long/Short Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Tactical Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Tactical Enhanced Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Commodity Long/Short Strategy Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Select EM Dividend Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Global Credit Long/Short Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Endurance Long/Short Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

Forward Managed Futures Strategy Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ff10_SupplementTextBlock

FORWARD FUNDS

 

 

Supplement dated February 11, 2013

to the

 

Summary Prospectus for Class C and Class M Shares of the Forward Commodity Long/Short Strategy Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Credit Analysis Long/Short Fund, Summary Prospectus for Class C and Class M Shares of the Forward Emerging Markets Fund, Summary Prospectus for Class C and Class M Shares of the Forward Endurance Long/Short Fund, Summary Prospectus for Class M Shares of the Forward Frontier Strategy Fund, Summary Prospectus for Class C and Class M Shares of the Forward Global Credit Long/Short Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Global Infrastructure Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Dividend Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Real Estate Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward International Small Companies Fund, Summary Prospectus for Class C and Class M Shares of the Forward Managed Futures Strategy Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Real Estate Long/Short Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Select EM Dividend Fund, Summary Prospectus for Class A, Class B, Class C and Class M Shares of the Forward Select Income Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Small Cap Equity Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Enhanced Fund, Summary Prospectus for Class A, Class C and Class M Shares of the Forward Tactical Growth Fund; Forward Funds Class A Shares, Class B Shares, Class C Shares and Class M Shares Prospectus, and the Forward Funds Statement of Additional Information

 

each dated May 1, 2012, as supplemented

 

IMPORTANT NOTICE REGARDING CHANGE IN NAME OF CLASS M SHARES

 

The following information applies to Class M shares only:

Effective May 1, 2013, Class M shares will be renamed Advisor Class shares. Accordingly, effective May 1, 2013, all references in each of the prospectuses and the statement of additional information to Class M shares shall be replaced with Advisor Class shares.

 

XML 13 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document and Entity Information
12 Months Ended
May 01, 2012
Risk/Return:  
Document Type Other
Document Period End Date Dec. 31, 2011
Registrant Name Forward Funds
Central Index Key 0000889188
Amendment Flag false
Document Creation Date Feb. 11, 2013
Document Effective Date Feb. 11, 2013
Prospectus Date May 01, 2012
XML 14 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName Forward Funds
Prospectus Date rr_ProspectusDate May 01, 2012
Document Creation Date dei_DocumentCreationDate Feb. 11, 2013
ZIP 15 0001193125-13-064708-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-13-064708-xbrl.zip M4$L#!!0````(``]F4T)PCUP&OL]H"OFR/AQ:YD5A'$5A MW3`>'Q]+PT`\4J'J]-95\[:+'2BD0(W6::1E? MNS=]>\P\6N2^BNS;;'Z5PY97Z2J4)+-+H^#!4`=TB'+1M(J511`A-I\MQ(:3 M7>Y_7ZM2?$E:J8JA#P^H7%2%R^"X;)V]?"!LXRCFB^B2S7N/^F*%4"\E0ZW.IJ'+;1XE=2$. M5^PX_QD[/IR,6<>U:LXS%C?A<#)6/CXKG^0[8W$3#BAC)R?E MG.\\XB8<5L:J^<]8];`R5LM_QFH'E;&*F?N,5RQNP@%ES*I5<[Y7C)MP0!D[-FLY?P<=-^&`,G92-O.>,=V$0\I8]2SGWVV) MFW!`&5/+MI7SC.DFY#ICNH&7Z4<'[F5_M+W+AVTN1L8:RBBE2QUANQ5MXR7#(">FS$ M922H']U2+TNTJ^23$N1JXCLR";BIQ*?Q6JI"@KH=WV'3/]DL0\#5V^'%\I[W M9DM_?$05FKTS*VJ$%JTGG;E:W/-@[>%0)98_L'>*ME;>,EQ3'7/T\2N7CC*$ M&5)7LB3"6A%)R-P?P$0Q>R>!+J1V2M MHB[W67',^&@I?$#;JK\&5DN9608"-)RJ92D1:COI(^[I#^F@DD2 M#./>FZ\:K<#S`D?-W^0F\$=&?QR(B/353!ZQT2Q>4X[(:T&6?=,\RA)6,!64 M-'WJSB27J\&WQWQ3A+;'=+^/2)>*[RR2[U:N[ZB9U[=9QCJ_5-Z54*G6N]`, MG?ZFBEZ[P8"Z\Y[.5-D-2?V<);MIZ(X_%%3M0":J=,$^;C#%GR[UX]501;WD M#WJ3[ORL>#VF_FFK_7/TTYK8]ZCKZELWI#YG[S:TN]2G([TL3'2^Y`].`YE& MS&HG_NA0?4N\/G-50:3=_<'ADJF1:=".;P?>!XZ5='30D+3_.]$S^X=%NJ=J M3VSKS/EC/25^X#VW"'4M@L=H'`O*\-0^U(?JRYD?Q MX;49.P[6UV,UWDNIFC8=-<]]]8SCYW6Z7ZYZ]TW;^_)[=U]I]4FO?:U>A?5N;TF MK3^:M]=MTKDEM\UNF]Q=D=9-L]_78_>/9J^=^3W6#HVZ'^FQ>W6'#@/7#1[U MIH^OW(54C2V]2JKW#?.[7*9SC*\*_>#Q]J96+'AATRU2.7I:[T>N)O@!(X+Y MU%-W3--YX'*QU"[M% M@=1`:B`UD!I(S5:IJ4%J(#60FAU;D"`UD!I(#:0&4@.I@=1`:O9VBP*I@=1` M:B`UD)IM4E,Q(360&DC-CBU(D!I(#:0&4@.I@=1`:B`U>[M%@=1`:B`UD!I( MS>M2[M%@=1`:B`UD!I(S=:?*&Q!:B`UD)H=6Y`@ M-9`:2`VD!E(#J8'40&KV=HL"J8'40&H@-9":EZ0&,`.8`VZ(U%U>`L``00E#@``!#D!``#-6%UOVC`4?9^T_^!ESR$?;)I:P2JV#JD2 M+1-H:M\FXUS`FV,SV^%#T_[[KB%)Q]9`.JD-\)"$'-]S"+$$; MKF37BUJA1T`RE7`YZWJ9\:EAG'L7[U^^Z+SR_;L/HP%)%,M2D)8P#=1"0B8; M,AJ12R4E"`$;;6+LZ#8+5:M=83+5I*SX(X#-M!`?1VR'-WEA_`"`@:N59`)Z4F94]#.9#!>@J0-]6B]`&C#] MW>"/*DTQ([L9*#D+QG.E[=@B$F8;-PRUNTLXMYL%=#W#TX6`XK>YAFG7FTZC MT(_#J!W&4=1:F^3U?Y(_P!WL/&!4L$Q@`24'2+PG"=869`*E4'?YC9G$K2,/ M\1.UB4\*`MS=<1"')B4+*6C(3Y_D5*3D(O=DI&#;%OBUFQIHC%!LSPP\IE;I M_8!R+[;3V`!KS=0RT!JG713CUD47^V'DMW?A:?WU!FPA;(C_YYXQ8$U14]`) MB*Y7@0F>5ME160GI?'M6LJ(2[_\RA_1:0(P*3I>FVFL\MI,7XJ59I MI3\YIWI8J=():&R=H>N=*^"SN<6C)W?UFDKLGJX/]^&`M]6P1AP^;&^UV(9, MON3&:C[)MM[(9`QZR1E$\20Z:'K]82<80GWQ>2AQ@Z$,]9BG7%!]H^2C8CDV M\,2#.28_CZ;]S-$,[1STT7Y?B3I!TRNUY@Z_>6:'\49CH21VR*B>US7PC;A^ M1+VSOH;TAI:%4EG\R!"J\2\)Q:Q#>,!P-HN:8$UP,:BK/LWC[S%F@HEO*4<=0CX"GDTR;[;UT91!U!ISF M_]4OE?"@]]02P,$%`````@`#V930K]L\X>P)@``5HL# M`!4`'`!F9C$P+3(P,3,P,C$Q7V1E9BYX;6Q55`D``^VZ(U'MNB-1=7@+``$$ M)0X```0Y`0``[5U;;^2X>V)[LV<1 M!`NYQ;9U1BUY);4O6.Q_#RDUNW7A37TABV[F(6?6712_DEC\BI>J^MM_O(YC M[QEE>90FG[?\#[M;'DJ&:1@E#Y^W)OEVD`^C:.L__OV?_^EO?]G>_ON7FTLO M3(>3,4H*;YBAH$"A=__FW=QX9VF2H#A&;YXWR7%SCPB?QNDD],[0*$JB`G?A M74;)C_L@1]Y_H@1E09%F'[:WR=-C_,.GF/Z*427YIU?RWY^W'HOBZ=/.SLO+ MRX>7O0]I]K#C'Q\?[Y2_;E'1/&()#G9W_9V_?[N\'3ZB<;`=)7D1)$,T;=5H M\7J?Q;3-W@Y%,GL^_C4L9@WJP@<[U8]4M`.:^^0\^I27P"[385"47T#:S.-* MD/_:IF+;Y$_;_F![S__PFH=;^!5[7O62LS1&-VCDE>_O4_'VA#YOY='X*2:0 MRK\]9FCT>6LT\G?Q8_R]W8%?/N2O9],O3_\W2,+SI(B*MXMDE&;C4H4MCSS_ MYYN+AB[XYY<@PZ/J&>4%'AP?ANEXAPCNJ#US9Z7X;Z+\QPTJ)EER.WG"[_:[_A;\K?@W8 MX0L>&+`T#9`%^U_?^.CRV!DJ@BC6S9X*O:[Q)43Y,$[S28;:@,Z"(CBOO)A\ M*?=H@1[JN@794%4]CI=,?77B'A^46C_B1V3#R3W:#B/--(CC?OC*!E-4>%'O_41'<'VA_B\GBU0 M$J*0:D"Z6>GZ;]I95)#G[I;_YVU[M$W]G[B]5SW`JS^AU(-J$J?#!OR8++_3 MC/G^R[>8H^&'A_1Y)\OP)_`'^'_)U#G8WO6GZ^N_9MEOW[,T?T+#8I+?!??S MKUG.Y9^W6`([&E#-9]J3^QRSQK#H`F/)-+'-O_U)UD2)!Q5]X'1\*0[`JLTH M2\=<#--^4O;;2S.\Y/J\Y6.YTB(^$6Y!X>>M(IN@^1_3I,##^B0./\D^=EV:3Y!CC]FU\G\8,<*W?-=OO*3D\P:]#8KY-,T]=@_%%!E-VPK&665_>O#./]E;:TKMF)]5-C=H6-_W3 MR6N4MX`JM5BGX3&/E5OFQWG7;5^4B[^G&9Z5KSHMMU1\([M;+9"F&PG1H6R MI5K*[#DG[_V1$TPG;]9I&8%V&@=YSB%-KB1P1X^+NZ>Q.5\ M3YZ;UY58W7G`*?G4Q\<''X^8_@Y'9M7]'QP=',CZK\NLH?]#A?X/U]B_]/W7 M9=;0_T>%_C_"<'$EACV=U;M6`\6Y5<#/L3LHGFP_#>J6J^GRV^HU.&QIL.X; M<*O7H#V*UGT=;O4:?&QI<+C4(LC@A2'GH@%>\+S[&T;[[H:1LT$@H7&*V'Y" MY?UB$;29B`YDU_?_J*[=@=E&0I)>J<' M%<""%CIQWP3)`[H>G;\.'\F_2A.38Q>WTHA_FI),1A=M,?T(O[S]BH),$6=+ M6#_:'E0G:&'J+7.G9Z&P?K2_1,5C+96>9(KNT];`B*DE!5Q@]$A:F]6GUZ@2 M-#2K1;_Q)6JI7X\>CH"@A7[G"Z-\5F1+Z)&'M&F')@-S!J-)&\WUFE:$J$=?YME7@BF1U8I4. M`ZW?G'8J\^YX<]IB=O&!/8>D#4C M_19D/U!1IH[J`5JME8DWK3)/J+0Q@5T^;\A;0$W_P#X%AI_>CGE(##^QG?CH M&'YR.]EQ,OP,=XSS9O@9[L2GT/"SW`F.I^%GNY,?6,//>B<\Q[8B[UV/T^Q. M2CR0"@D.N:D"L/E7?NA-]8!-R&H'X%07V.3,.1NGX*W@9?:!.57!"I86'*!3 M/6"SM?!4G:H`F[/[G*U3C6`S>+_S=:H3;%I7/FBG:SLK2%WAP)WJ8P7'"P[@ MJ1Y6<#SW2)YJ`9O=^4?U%#]L@A<=X%,-8/-[YX2?PH9-YZ)S?ZH!;#9O7`Z@ MD&'3->_:`$4/FYAY%PKH'B5L'F9?-J#887.NRM4#J@ELUI7<1J!*P"9=T1T% MJ@%LVNU<8J"P87,M[WH#10^;OF?1D(&^ M9W,0&A6/K+UMQ68:-:@!N!@_D6GN.OD^R8:/08YR]6_3]S$:-:0ID!8:%9]!R%F*_(R4)C4UZNVA)/U))^?99C!,^[I._Y M'[HJ"86UHY7@TU7>8Y;P2_;V!**:D0JQ:;6WD^$PG23%])6RG4UT^$ MD+.XEX)J#B.$K,8K4:LQ#(TF?5AT&/;U&B'D1%;35>A.0DB+O(`:,!(BJP$7 M.*0@LB#WU@)(\N->ELYV:D$D/UY0#R#ICA?Q,IM3J`\[]<-F[(.[6".7XL'9 ME(N0<*DPO::%57V4YN+->O%H-Z#MS25S M<,DX-?\QETV-7_6&DW%0R>)H<*V8BB&"@/^5`?L;,[XAL82 MHWN9D/U;\O[V=H^.?7[(?E?&T,T*D9UQD+K]![O-!B95N5Q&XEQ&RI>7W"X$ M3'MZ[R?&+LN1RW*T=/\NRQ$D_"[+$30-7)8C\QI8G>7(.6G6+'HZ'XB?%T8@ MJCL'DA2U9`?OP-@.7I9]XH)W%FK60M=A"YJ0BO(D"87U9$)(@H?2E,B-:W'2 M!IZD#ISU\S%RYH>RYVB(_,&]+\.MWE*W'M?9;32.XB"[2I.^FLC:ZM`%3PU/ M:8('A%_&V=$A+%)!H8E6Y(/^R/E-M"+?ZX^Z(A`R]*@JPG=4(*3C4=5"W6V!D)-G$:UD+@R$5#RJ>BGX-1!2 M\/16A^_L0$C!TUL=O@<$( MEV_!WG6?COKSUV#\%*.[+$CR,AORXL:VWS2V:0?>M`?OCWD??X(V-6`162ZQ MC+V)93;0R(P/YXU;I+F<,LX$+>`YET[&WG0RSHC<]H?+).,RR?3<>3(>T>0R MR:PUDXQS[^`Q$TSWSD7KJUJ:<_+@F=)[WWQW@?HN4'_I_EV@/B3\+E`?F@8N M4-^\!E8'ZCO_S(:E3O,K\8.2>7*ZH_/%>"6A^7@.,Q>:ST;N#-*80:YVZ.O` M^.7M5Q1DHGA\F;Q^S`3!KB]#2J4,X=M3PM=QXK3A.U#"UW%P=.$CT2%R?&9C M2)2(0V8^$,)(%U"$6A>$^-%%X>_!"!1=%/X!C'C0!>$3TVVOHD!?S]Y`7\?= M9'/A1L[03"\J-O.JC8LTH)6=?;I?%!32Y@"87 MT`3M,J@+:'*D]8Z<0A?K9%NLD[,R=SR@BLN%0;DP*!<&!<(9=F%0+@S*A4%M M=AB4<]VL6R#Q/Z!JR`B[C=G(*9$>]D11L;1PM@W1MO58D6[L?0.RQ&W-ZJ(6 MJ,5J`0"W-("+U0(`;FE@%ZN%>=SR@"]6"RAA+PK(;,R7=F'-^W$ZV-CWO_2WO[O M79\L&'>"05W&>E_1:IMI9\9'],8MZUQ4FK-".]C.19_9&WWF[,AMD*P1IXLR M83IZ+)H,?3>:L:8.WXUW4F(L:6[I_%S4&";^+&H.F M@8L:,Z^!U5%CSD6S9,%#7T'9)3^4A2.F.P9,B!9RV!<3N+-'D_:XRI&_IMW: M\HU6K_(T**^%,79H64+:T0DBR'ARNC%>8-LL7\\9'G)BF"U1W4C]XV-&?%)7 MP@`N1GQ=5\(`KH$45V<9H047(ZZO*V$`U[X45\?EUX*+$4_8E3"`ZU"*Z]`( MKH]27!^-X#J2XCHR@NM8BNM8/ZX!]J;$N"H)`[@D\WTE80"79+ZO)`S@DLSW ME80!7)+YOI(P@$LRWU<2!G!)YOM*P@`NR7Q?21C`)9GO*PD#N"3S?26A'QE\[QN9[WWI?.\;F>]]Z7SO&YGO?>E\[QN9[WWI?.\; MF>]]Z7SO&YGO?>E\[QN9[WWI?.\;F>\'TOE^8#2_C,J^.G.C$4+NF-[@N[EO MC":)Z8N_M3L)(2%,7Q6J_4L(.5\60.YK.U1>-?)!]S#9$N3SQ$<=O@..?'^& MO,.(P)'/LS)U.!,X\L,Y,5E%J]5V+85N%:E6.[H4NE5\6FWZ4NA6\6BU+TRA M6T6DU=8QA6X5DU:[RQ2Z551:;4!3Z%9Q:;5'3:%;1:;5-C:%;A6;5CO==)ED M%9M6F^$4NE5L6NV74^A6L6FUI4ZA6\:FM92=`\O8U*^EO+6,3?TYFPXL8U-_ MSJ8#R]C4G[/IP#(V]>=L.K",3?TYF^Y9QJ;^G$WW+&-3?\ZF>Y:QJ3]GTSW+ MV'0P9].]&9N"3@"ZF=?D74HTE^G:V1J`D)3-3-CD,EH[(W.I,ESFZG>0YND9 M9<$#P^A6D3[^8\OLJK[8YF=-\GB7SGH9DW3IK)WQ@1SF&[>@)#^QL%!8=V)M!>20TVL+ MX#OC!6>\ZS(3;6@O"3HEJ%-)0SA_14'&3.')%S6)E)4E:I>V,!/Q/TL-. MU857]>'],>OESUY!KN_Z4,2X\POJ!MG["*O;9"LS/IXW;C'GXN><#=K`="Y0 MSKY`.6=%;E?$1<2YB#@7$0?I=K"+B'/49)V#YT+?X(:^.5O:^"UX%^/F8MR6 M[M_%N$'"[V+!5_P\W^(<++ES=V3EUJJ#+H5=W,WV'_2)=>.J'ON>]SR,NZB@CGS?R5WU=V8YQL?HQBVCW/WS3;`K MF(SD[I1;>*=\HRQC([<3W#UQ=T^\UTZ.\>LT[I[XN[TGOE%T`W5KX!(]!/%Y M@E_I&V>9U9$`['XQ\<*_Y?W.+&'M8VYMR*HNN0OYYL^KNZ=[NUM^P8$ON*?< ME5E#_X)[PEV9U?<_V)/W/Y=90__["OWOKZE_?__X2-9_0V;%_0_V/PX$]_2[ M,JON_^!@(!M_#9DU]"^XI]^564/_QPK]'Z^O_[U=>?]SF57W?ZB@_^'Z]-_; M/3J6Z=^064/_OD+__KKZ]X^/9/;7D%EU__N[Q[+YKR&SZOX/!KO2_NLR*^__ MZ*.,_QLR9H\1.$X<]<*;KI+Q[-\\YVX6AM!UKRS"W`Z=6/<&QPHPS]TXXWG( MU3'OMS";2SFNAKGA+AK/*JZ&N>%BMD.!H&*NNZ53S!\MP-P.&CNR`/-Q"_,Q M?,QSEYER2J>`"C30A]T7[4-GPH9S3D%#I\*&1T]!0^?"QC*`@H9.AHVU`P4- MG0T;"PX*&CH=-E8I%/2,#]TYE3NG,GXQ'=2IE4J.HGU%\W&G5Y:-1*@A$B[O MD,L[M'3_+N\0)/PN[Q`T#5S>(?,:V)EW:#.=+DB+DG>?2XB4KMZP7$*;9%6& M\P.I7<6[00_D[G.0%%?!N&WY?#&]FQ+LBM[MWU=X76#R]%2-'%[*)+Z8WIGQ M)Q1@.WL0#:R9B`YDU_?_P%\D>D9<8%T)K;B^9]$XR-X$J;`$HEJ1WB),`*$B M5I:P#K3GKT_87>1_[?;O&C%=!5D6D''\"46V;2(]IC+V!KPCEI\&T/CES M*XDA9P)C&D_&"8,KQ*(ZD'X+7J/Q9'PZ&4_B\FN6H4FG&-0#NGY&V?5HA#VB MY`';]9"!OF=S$!H5CZRX.<5F&C6H`;@8EV5GKY/ODVSX&.0H5_\V?1^C44.\ M1$59AL*%QIQ:8P#:",>;N)&9T7:=W*!J'8+"L^@Y"O'*A40M-@+^Y*HM\40M M_B`*T;CD!#SODK[G?V!XAB)A[6@E^'1Y#'@*21Z0PML3B&I&*L2FU=Y.AL-T MDA335W*2YZA@G-<)A8V@5HM\_U4OJ09G`)? M52BL9S0FP4.Y>4!\9;'A\"1UX*SS&@GW1]DS]D;\P;TOPZW>4K<>U]EM-([B M(+M*D[Z:R-KJT.4TQ=YO@@>$7TX#=`B+5%!HHA7YH#]R?A.MR/?Z(^+CFAN![=H6P<)0';>5KH(5K.8=*L&*5QE-Y- MLB3%:+B[O7Q)(S@%&[\B62-8;]A'7&PQC;/9US0MDK1`N7P7G26J<]ZE^T_5 M/HT"8$$+G;AOR)K]>E1;O:M@%[?2B/]+AH(?3VF4%.1,GJR;^;S'E#6"]5N4 MD)7^1;F35R:K1Y4C<3(FL!0TD#Y!HUYT%-QE05CY0B3A?923BUS\KR%II=4& MT%.&&&1I.,K)W+]IM MZM58^TKA"KV0(?$E*(]9SO,B&F/RD2T;N*T,KR'D:O1JK'4]47^_/P4859$% M*;E?%61O,X@()1?),)[4+F8QEAW]'Z5W%L@+_'[#N_0&C6(T+$ZQ'2#!;"QH MH1/W55J`J%F/+9!-VE[3'%5Z3'([3R2C!^BJ77.]IB^A%^>?L5!?R% MB5!8/]H>5U,$+4R]9>[VOU!8/UK2_:XO@TFE#.';4\+7";S0AN]`"5\G*$$7 M/I+H08ZOFPY"BY6G\]/A!2Q>TMJL/KUF`D%#LUJHS1"L%@!P2V<.5@L`N*4S M"JN%>=SRF8;50C_N'AMV@A;Z<9_&:8[=,67477DM-S6F)0.YGF9'0"K$.MO:/DV3(5ZQ99QC$9F\KG@+8:2%UJ]-.E3YTCPY71A59B*>G"Z,\EF' M+:4+WV6:HV]I@M[8P&H_:QMY:1*24\H\&D4HO"V"8L+8UN!+ZL)9OI9O0?8# M%?5BLDV('2%];[&X2$CT8GB&GO#@PD]]PW\HHF+"N;6KTDB;U?#\_L:/VM`( MKOFU?]>%B8U$3_]?\/KJ,!''D[ST7/+_";(HN(_BJ'B['E4AF>(R:'T>HUG#ZZ3<3[G.+E$N5J(EJ1GG M21B6L>M!7$WN%TF(7H5X.2UTXWX.HGCZE;\_8G(28^Y*&\3["[J_C0KR(C/9 MX!`UTZS!]R`OSM+R_`5_\@@_'7V=8.,2OWE!*YTSO'0ZUSIWTTY5)FZ1K$ZL MTX\X/3PLP[PNTR!D#%]Y"RTGW$DR">)J^N=Z84PA[>@$7AE/3C?&"VS*Y>MA M)Y@0B.I&ZA\?,_8?NQ(&<#'VS[L2!G`-I+@Z"=FTX&+LVW5A`%\K"?VX6/<+NA(&<$GG^V[=&BVXI/-]MS2-%ES2 M^;Y;?48++NE\WRTPHP67=+[OUI#1@DLZWW?+Q&C!)9WO?2/SO2^=[WTC\[TO MG>]](_/]0#K?#S3-]W1G4^6^ADA6)U;YO0V^I$Z<-RC(T^06D;UB%%9U#2*2 MUHUD<\G2\<5XC,(H*%#\]CU#0T1VZ[^C+$H9%Q96\4R]NI>'E%_3K,1XE19E M0CL47B3SU+TB-96:Z]"(G&3>I63GMP)U2=:QZ M(0#PU!$^/(>Z+6?K]`?.T*REVKLG-RLJUP$*[8S(0&M:L[IV5F`X87I=)& M!_:RQZOT#(6389GL-"V39M-XX+O@E14NK-;*Q+O_F4245W/Q5Y)_`:]CV"EM M%-N9T*&\UQ&CYR`I[E+\+FE^&+D6_)8F]+A.JKI,UZ.3$9[\,)[;Q_2%,538V,JWY76;EM3&"?K?2K92?[GBI=I"V\MM73J]'W MU^/;F]I=:>.0[[+(6VC967O&O/&`U"['"61-815=E1.+&T+,6>/P)0WAY`5X M"T1-(F4=A?!%#2)E'E;R10TAO8U*OIA>W%1"W&YB"+GL8JJTA0["Y6_2, M<,]OOT8H#KE3K[2!4=2"25BEC4GLG%`1B;A)Q.I@C>'$:X;SWR?1)/:($?,`$*!O?$E]>/DV!932#\Z&3#-F%1L1BC<1+OBTM9E M0>OM\;0:==5:L8HOOQ*JIO+T2V#/NJ52-56D7P(TO\"JIEKTR[UP1OE5317H ME\/=KS\BF!W:[:VB\[#QG_+J.,ZU:!SJPN4!NU"KU/0G2M?$$&SMEJG M^#M7PT#AY]6%I9S467J#1E]S\Z@"L%FU9\58JA1@UE51JBH\1Y6!3<,+UHVE MRL'FZE[%8ZE*L'E5DJ0JPW8!6Q5D*&C;W"PK1 MTM4=;/IO5*NED*T@?'8)6ZJ"%?1>KRQ"@<.F=+-8%-YIQ*OQ0\;"9?J,PO50TV MJ7_GEO^E^&%3>`=_]SQ@'S9W=S2XJ1_W[L/F:T$98:H`;)Z6EQ6F>L`F;+42 MPU07*_B:67B8:@";M_L7'J9ZP69QM2+$5!?8I*Y6D)CJ`IO%>U4EIBK!)G:U M"L7TI@MLBN]5IIBJ9`7Q+U*=F"IHAV/`KU9,];##,>A1K)@J9H67T*YC3,%; MX2"PBQM3%2SQ!;C%CJD>5O@![`K(5`4KZ+]5'9EBA\WS[,K)]`8H;%YG5U6F MV*T@\%;%98K="FY6K+I,=;*"I^7EEZDZ-K$SJQPSU<,FHF:59Z9Z6,76C'+- M5`^;V)I5OIGJ81-E"_9/#VVB[VXJ"1H(`9O(.Q6@*6S8'"ZJ"TTU@,WDLDK1 M5`O8W-TH)TTAP^9G7J%IBAXV*_-*4%/TL+F879Z:8H?-OZT*UA0T;++E5[:F M^&&3++/L-8W6@\VL2C6PJ2JPV;91*)M"ADVO[5+:%#5\.IUCAU-E M8#.S6I5OJ@MLRNZ4`:>P87.VJ#@XU<`.)N<7"Z=ZP.9Q9I94"ATV>_,RIE+T ML.E9D-J1*@";G[NER2ENV'S<+5T^2Z8"FX2[M? M`8?-K]WRZ3/@L&FU6U]]!MP>'JT*L,^`V\.B587V&7!["+0JX3X#;@]Q5C7> M9\#M8YGP.UA3@R\QIS`TWBUJCK7F!-X*J\6\!IS`D_A MU0)>8T[@B;Q:P&O,"3Q]5PMXC3F!I^]J`:\Q)_#D72W@->8$GK6K!;S&G,!S M=;6`UY@3>)*N%O`:>;HNJP+W$YP-/LT45 MJ"HUWB)RTH7"?H499ZK"9M^YJN5=#UI_\BHMRFS+*+Q(YI4V:EK!IF9R^>,N M)8=+E=BT9-\,/6Q^IM^DK47CL,P'GIN+IT1-`=BK],7Z2#"GA&+OHEF*HTQQ3P]%Q"36I:P*9PV<5:'WAN MKC9^?24*>BDN^DEQ6>+'8G+I@,WM;G?)*7HR>@Z2X2_&7H0G[ M:@K!YO>V0M<)*E6P#`4WEQ7P;KN]KE2O!WH(!G[V*4 M0^^4P@.>PXNE`J,>'O`T7@PM6JLUX/F[&`JT4LSXP--W\32H';@!3^+%T:!^ MG@\\E1=#@]NHI,?I1?Z:)K"IGZ$).QK!!Y[EJQ;Q?HN>43*K+=_F">"9O;AZ M,,@">%8OGBK-T$$XOGA8U!6!S-D,!O-HZ_WT2/0 M^-8-F[Q;Z%DV#9N[FPJT+!EXWJXF]AILV!0]@RVRVGGFKK_MM%2XQ/]9_?*7 M[6WO+!JCA*3>]\[0*)C$1>YM;U<_,]HU=,?+1I242;FKOS:T?WEY^8`7FR\! MR>9-ZA;@A>:'83K>*5\!J*?6&CZ5*]Z;.,[XT5P M0T/\WT&1SK[18X9&S<^;H^&'A_1Y)T31#KD/2?ZQ3?ZQO>MO[_D?7O/PK_A/ MOYVEPPD!4-LOH7\Z>8UFRL5D[?1Y2ZG%CE[D9^6@%0"E`FNU'#I8M\-JL#:M MI\>;)K;$0D_MQUF/1NO)LFH(9EE[!#8WK;ZA@$!E6(Q`;D5VTA,CTUR$D@;M M1OJ6N_N'+?!3LW&D`XET+M%#$)\G&/P;AV0Z$II(I>J22RG-GPT3"N6=83+X^H.`3"E=1!(?,^>=31E3!,&9(W2Y/T=F#3$E(R M(YG^G?R_^R!'^"__#U!+`P04````"``/9E-"]!B2EU`H```&:@(`%0`<`&9F M,3`M,C`Q,S`R,3%?;&%B+GAM;%54"0`#[;HC4>VZ(U%U>`L``00E#@``!#D! M``#EG6MOY#AVAK\'R']@.E\V@'MLV6Y?!CL*W+YDC;C;'=N;V4TC&,A5+%N9 M*LDKJ=SVOP\I594NO$KB(5F[&R#3EHYXJ/,^/**.)-8?__UM,4>O.,OC-/GE M0_#3W@>$DTDZC9.G7SXL\X]1/HGC#_\>_O,__?%?/G[\R^>[&S1-)\L%3@HT MR7!4X"EZ?$=W=^@B31(\G^-W=/T%?77*)E^_$@]S./D]\49-0Y_ M>\SFZP8.=C>^A!;TKX]KLX]TT\=@_^-!\--;/OU0=5&C_0_KDR%[8XE]XS0J M>]H`[_2#T]/3W7+O!Q(SA/Z8I7-\AV>(_O?/=]="'Z>[U&(WP4]4M9OH$<^) M,]K0S\7["_[E0QXO7N9XO>TYPS-^6_,L:S5%8W-*8Q,>P MOQ?LD_]^I/_]N!>LI/W7+/N-X)N_X$FQS!^BQSHDY3G\\H'9N[OI#35H]2?# M>;K,)MTFRO^(W&@%827?8DZ:I&,5)Q__?/\!Q5-1XV&]X><_5L>WNGV6M2,9 M99-UA\@_%7U:6>Q.4H+P2_%QWJ1KEJ4+3M16SE)A-'9A1;Z+\]_O<+',DK/' MO,BB2=$1B6GT,IE> MD`N10.".S5BEN2[-2MYV46M?;4=D!Z)[7&+`C0++@S#V4&!<)D5HV"*MRP))P3"+-H?DWFGF__ MB=^Y*#`VXU@0N#0)0]=%N-J`RBV(;'+'@^#TNT!(@@Y%Q!G)2%.:E:[FT5-' MP,Z^H01P79A1OMUTN/D3T;]=R,T]UUIF843!Y;W`^22+7VA=0*1RRV2TV!R' MAC5O>FA(W]CLE`!.`#@@"((.Q<-#%M'JUOW[XC&==P3L[!M*`->%&>G;38>K M/U'UMPNQN>=:JRR,*/0MP#DM3A*D)'<`;9.Q-P`\AV;G_RT/]?1_O=GYY)\7 M`7;N+XHZ-!"7LQF>%/$KEA#1L1F+!->E62;:+FHH-MN=4\$-`HN%,/3`!5X. M#=V=X\N[YO7OM-TH[CH3G'^ZO/KN$(EGLV"/"GFPMQ]4,M(MO]TO7U[FN*PQ MX;?B,SGT]XX67(NADDKBZ?G06K:9$8GUYCL)Z(Z);4;GY)Q=:2^)0"PX= M^=_VS8XIO@M^U+*TMTYEI2V$[-@K-IN3)M<(M`^4U9Q-J(P MDV*L-.LH3J_&5D6,H<9[,"9V6`;I,+^D`O?ES2 MZU-^EDSOHSG.O^#%(\XZ\FH?-;@2WZ];AHKSFD[#TK#""M'J7=,61459;[HL455/%N^?HPR?SZ,\Y\V0A&;C M"XE\QZ9+BATO8?DW*C>XG!\IHL"K-(H5`"&D=L>=&[&[!Y=B!(X,%<*ZK3<) M<'-)$IUPH]@B">Z(`O/Y'OG?Z>FGXQ/NM8/=/512D2,SDC*MA_46]+W:YF14 MBTZ[%A8NQ/T*R-K52XZ;L$J>YSM7:?8CRJ;H/%TLTFE-8^-#>ECT*QYS&3- M8S^RYK%29N,AALZ:Q\VL^8ISPMQ6CD!M:8PGS&-+"?.XF3#_(90R_EZLYMHO M?\+E!VH=V3G[QZ_\TG%E)I&RS3?7?4'?5UN=Y%+AJ?/6?^$$&D3ZV\?_JSXT MXBO/[AXJO,B1&=V9UL/-%K>BBTZ[UEP68EC)OV7Q(LK>19\*2>Q&0R!R;9@& MQDV-Q0Y:[73^\80R*!Q69)+`0G./R:E,=;#A68X&1^S>,#H<1TUX-KO]P4<< M&@Y`\%)+KC0='<.7EV&Z\0,&YVVP]7?;B\P_!-N+"0C#"RDR%^C MC,R]"6>B+"&Q&RF]V+51"CAN-D!L]CE/#LJ8,*#(%8%[3_`YG9/[G2N,\_.( MMRJ-R&C4.X-"IP;?'&1]A(WMB.Y`JST5+FZ^X)2&H_->H50&&XB42Z(*/W&7 MVQH"AM\%$&XZKEA\OI<6/G##CXH0'[$V,)/8%TQS6_*TRG6"5",V&SQ]53@V M-'<5>0DW>]!ZEP29!G-:?F0Z8(T!?4X;O#7-'V[9NB[ M&FVW865:%5\Y`#I,6KUCU_CJ9HBRD#/MJS0MDK0@[N4S;9[=R)FVV+71F3;' MS6:FO=GGRTQ;'!-FIBU7!)*9_`+/<);AZ3FY'#\IT9&8CR1(V1&C((F]A9NL MM#9!*QM?N%)&BL%+2S50RNZ(&OAV=ODV>:;_*B=\"M+DAXRE3:=#9HF3>JRI M*\U0.D-KP_6\W@_V=.+&\J>K)22#EV\1_147:XN],5AY5P571DH$F(.:.(]P?K5*:FDR48'4K&2..(EJ MI\Q4.QY4KS0B),]7MFI8;=^_QL7S'9[B1>E<6L3JH@R'57[IEE]6O:)-7;2[)6 M0(679VW1+<.K?]F6'&4>66N7<[%3!:@[Z/.[IU=Z92!U*'4Y`VCVH\?U7W:8 M>43M7?LE7E79U)OKOCIR.E`ZO>;K/L:2F)NAT-)#+;$WYJ['NV=M=[FM&ZOBT5@'4T,+.ZR(\H_,T!@O M0'E'XH?+C.-THPZ+!!R+KT:O/F'E9Q=F[^!W6_EN#+W-VFD\W'R7ZS1Q",ZY M\:ZJ.+J@6BM+7C+#L01`E[,D?FHN_"E3JGV$O#T6;"4?#75DP$1F-P0.Z M."+P4>'A3QU$'HHV'@YJ'M2MHM+!-QF#!FQ5@^NAPL*7`H8L"&TDK!JXL-PX MN)]>NU;<4XO-QG(#>V\M]-)@QI>;;%5$6%[LOQF@=8=M_+;:RKVT\`::O65> M[7)\6R._2_;@UKCTV^?^6'B`*7`LWBF+_'%PVECY`%3/FV4-R:Q@IDL7`%26 M6!(@Y'!:K`R$F!A[H'R)LM]Q<9U,\9LN,WJ'#,6G3X?,D*3E,:RL4&F&/"&L M3ZQJV/KJ9R5!*6_.=`XPE;*@;]8T_'&N@QLK'Y*9SGU;/\FL8*:XCU.;FT(, M]KY.Z8V#ER_W>;J1$G-F_;ZOL[3EV6->9-&DZ(`@M#*T+&G7K:&W]@1.F*5( M?_9@#=)N"(2KC_*";V6!XW2^7"1?HT5748F=J66.&=<@@#3<`P9PLTN6P"U=]@;63SR;X>N!95=42!P;OJ\7 M+VF.I[?)-P+,97@+YK4[@U]V"1Q%#;6FB)[N9.(LT6Z3(IR52J\ MP%,G>&H$J_$!E&6Y-']%_K02+,%/$1D`-V-THS\H_P^FG/B7Y>&3@RP=&"(* M<,AW47%.@4)W0Q&U,2K9<>A[<"T/H\8OE6\Y M\O93YM[HG277T>:F<;57G"-*>Y?WA+)`,;=[*JGL`*7"R"`\P,AP0?$"!@T$ M++_UPJMR<2W,O.D"4(OB.>B^W;*#RNWNWVH1U'T4$1_*P13'%0CD'UT2R*;? M+I,B+MXOTD44,Y/+UJ[!DP2.`T.SA&;+X3W.8C?OWO+.L#%#$$111]#9+-BC MHAWL[0>59'3+;_=[Y'\'>R>GP1>\>&3'+K-[\,`5.#(T:KNMA_46]+W:YN8M M-,%I-P8K6(@U;[]7029SA<2:3I9+N@\='4SV$.3@SZ:H.J@+9'F8"/- M@87R"?,#X()7OB5V0^%1NC:3.\5N0O8'W9V\^JT,1$V+E@QV0!&^`"ZU-`8+ MU$O@,D<<8-R_"*X1&0D_5E\&3Z(G3!,^?0M=4I$1F0V_HY8[-G5C+?`2UGNJ M;P>\*\+(P].\_59+`X).\_G]63(E-S"O\00'^X^!%"7]PX:BU;=C9E#3]AHV M+95_3I!>6J@--@*G7 M.?-H*ORVX4PSM+)&?R#VR",^]>+')U1?7Q!&R.F(!8O704^\Q/:C\5)UQ3!>0GLM(>0O M\XI),XG5.(:T'X#RN'F@>0V=)6J)L6^"M?_%5=N#R+5J\S+'@?261TZ1]G/6ZMQ2[#ZJ_ME\7I-8%V92^0COJUB1EXV@XA1OC* M`SNN?\3%,ZH_E-U!03G.W1/4CHF(&P@=+`S=C:-P&\/M?G`>J`?G@5$H>GV8 M,&AP'N@,SH.2%I>U.VY0I+@8%L+6Z*2.PJV,M_OA^4D]/#\9I>(3^/#\I#,\ M/WF%RR\@/-HV>S%"KUJT#1WRJI3C1U2'6AMH4KEL*]-U55*!F]N>)I M5%YYYN8AA*_(%,7%8=* M&SI`V5PD!;_JUB;T\2HI*&K;/',8NF!KWAQOZIL';XJQXECI4@>IFX.LX%NU MW(1`EM/"YRBCO^%4E+][+RB<"VR&@B1U:6;4\UV$9'/Y*UX%*G/@>2Q$*`" MI@'\X/3DLU^=':=M,=L)N]B.YVC0XW M)'QZH`4!'[I=;^'?AQ0.QW)P>MJMAK"[38#2=&1^P):M=R:[=)MK(IIGS0>A M&V$;BG."!XIPGJ;((VU!\7Z[XOC'%>UT!>BN^SU%\ MWP/%]Y6*[]M6O/LTG-UM2''#3[N9UEG%#SQ0G/-@5!9A&XH?RA4_-*;X(:CB MAQS%#SU0_%"I^*%MQ;L/M]G=AA0W_/"::9U5_),'BG.><\HB;$/Q([GB1\84 M/P)5_(BC^)$'BA\I%3^RK?BQ7/%C8XH?@RI^S%'\V`/%CY6*']M6_$2N^(DQ MQ4]`%3_A*'[B@>(G2L5/;"M^*E?\U)CBIZ"*GW(4/_5`\5.EXJ=6%2>G(:NY M5;M-*-YT9%[QLO6.XG2;:\6;9\U7O!MA&XK+:F[5;D.*`];NLXLYK;LVS%BINN^;&?/7'[C:CN.FO^IC6 M&<4##VINO,^_9!&VH;B\YA88J[D%H#6W@%-S"SRHN07*FEM@N^86R&MN@;&: M6P!:V#UMSV.36W?0]J;OO*FMN^A9K; M*\ZB)]ST*UA:26HYF`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`KJ.8%+>QLM&_LL%SI[BY`E]B;+?<9&[3W;=2+#*FX\Z5+)K MM!_6V[Q(=OIA-IWL-NW")KN&&SGM6Z(":)H[E*>Y0V,#[M!*FCN4S^Q6$_QT M\1(EM'#A/N<=*C$P+@%8SCODY+Q#/W*>=IB-Y[Q#.SGO4#7!XZ&_)9*`)<#@ M\/1$D@!;NT>!P'$$D`";7C84G&=X&A?HC##PGLE!P@Z2\=KMA_4V]QFO5YB- M9KQFNX`9K^U&@?N6R`"7Z#Y]VI<\OFCM'B<^ZP@BT36\U,^M\!Q/"OJF7[K` MKI,<&X:N[!`AATERK?;#>IL'2:Y/F,TFN4:[D$FNY4:"^I9(`)K@3N0)[L38 M:#NQDN!.N@GN/^;I8S0GJL^R*"^RY:189CXDNA.E_,9##Y;H3CB)[L2/1*<= M9N.)[L1.HCMA$YT8^2V1`C3AG&==A->NW9[A\G_N\Q)BSXD MO5,E`L;##Y;T3CE)[]2/I*<=9N-)[]1.TCMEDYX<^RV1`S+Q'>Q)$U^]>RP$ M74D7RN=V1LLL$Z@DAY1YRYWD,T*>()0>`_LO1'\>PZU[&!Z`H/$728 M7'?$F>$=^3'#ZQ-FL[GNR,X,[X@[P^/!OB4B@"6Y@[V34\F\KK5[E/0<1P!) MKNF%U?TR>8Z(*JX_KN"$HB,]2-A!TER[_;#>YC[-]0JST337;!B)Y%MO:/4Y\UA%$HFMXZ3Z@NOSBRV=DG%ATM8>(.TRF:[4?UML\ MR'1]PFPVTS7:AM/2 MFVH=)R)=`B"B#Y/P6NV']38/$EZ?,)M->(UV(1->RXT>]5NB!ES:^[2_)TM[ MS=WC&&`=0:2]AI?Z6\)DNLSHI-ZCE,=&HZL^1.1A4EZK_;#>YD'*ZQ-FLRFO MT2YDRFNY41._)4H`IKN38\D24*W=(_5G'(&DN]K+1OPO41(]E04,^@92[LO' M%)R(,`0`1!\HY37;#^MM/J2\'F$VG/+J=D%37M.-'O5;HL:HM-=[QGBUHCU10*0\WAIIF1X$` M5'GG8+F#5@>A^BBT/@Q]KP[T@U7-V$H([L$!)->7;Y-GHBA^R*(IGM*)]'FZ M6,1Y3B[8@@2I.&0DOUH=,LJLW..&T[49JNS*FP[4L'2?2K5"QR"I+2OT1Y0::1R93,,J=,&4?OD)$8:G7(*(9RCVL,<[0Q0]0.588H MHL]X2U/W'&K%CN%06T]0#LE_B4SE_3J;E!,.TAT!CEI' MCJ6R1_?,PJGCN&:T84UO>)OV:'4`I=4#5'L$E"6VI^0@X-X6SSA;=^@K_D$3 M^.I>Q_4.&8IJGPZ9853+8UA:H;79#B*&Y35\!Y6VB*"Z ML78(9I_PU43VE13F-[HFU0R6.B?HYR1[K[ND(++7D8-_%:I_]\SPV<=QN#:N MYI?4O+RVU]QZ1>N`F#9^7FJ8ZJ#7_]9`^E-$.E1D49I-XR3*WC>]PYC^$-9\ M22;,@MG`@';&S@T&=]WL3*%_-^IY0SM'(W(T:AU>[Z(-H'4+'LPC!@>?G56, M0@?X)JW\('+ZD-[A&7W%])Q,=["HYB4Q'W]S)N^(Z1LS@;?F35EE@HH4K8S0 MRLH#.%7AXMV+J:4#1>UK6IRGQ.5\U0LZR;Y8XH>T>]$0L-?C^+$P]NZJ63KU MW=>XDF-0?5`)+3T,D>/H'YPYB'N(>X>9I7H0%""8KU]=V#P2.Z MV3?F-U`9%V8X:3==_L(IHG^CVKM0M<\Q&K*@M"E1"0(&3(EF]5L[]#K'886Q M&(.)P)TY0KH.*CBJ/%%MKN8O;L$0A*'-A"3P@/FCN$[R)9GU7."7-(])J^]D M0Q$72\X<1.N(<5E%JSLF$XS.<&JF\^4B^1HMNHIT=X[2E'%B M4-:Z[96RY0;'HYL]XX[$W,B"J=6-KY8\"]`XVR69@OZ5=AU M4OZ+CO_K^7R9E_>D^7]'61P]QO.X>+^=W>%BF3$O>0UL8_`+U&.Z;.@%ZT%= M"!N'H<9QJ'$@:AQ)WX-8'>L0SE'A;KS)/182:/QO$_Q7'&6WV0W.)81WS`Q` MS'5LG-.VEQ:*9!>B^^BW*'2O'[!QP\+E22@)-#)GTVE<+7)71GZ0)8T6ES"EP*5*$!\H&0BV83I5_QX'Q<4\$QZV9,=8Q@O?I=` M.>NX%`-'#'-BB%:6_J''#YZ20;&DT#!^B_+B(BT?M)*L&I/69#^=/MB!GVE-Y"8H%*DQJX]3M*I1DJ[1Q"IQNP&K@^XH'" M=H>C/$VJ!1?Q]'P>Y?E%/)MA^K+4%3FYZ\4"3V,R".;OWS(\(?].GLAHB=/N M\S<3#8X%=OS)F$5Z1']JZ'=0U0Q:MX/*AM"F)40A1(VVT*8Q5+7FP=`8+PT[ M>,R@!CR\RM+159J5W2-#_;;LX/0Z^9:E^0OI.?/60\]CQP^:'ETT/3YT7+>' M0E6!)%?KU3"@5X/542A.4'V<%]#W""V/[YX`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`/)ZM6W=(8B:EW"6=K[\>*]3AC%?&H(;`7/QN+HZXZ4*;W[@=*YF1$G\1,Z7/Y*??J-7QK0"K\U1$1K92EL M38("M)*6W%58_=L76B1K:VDK`<),8SG(>_R*DXOH_:\QGD_YN45I/90;S6Z8 M(4?E+&PM[%F:(&*#2J.=]3I\#B^CFM&J&>NAFUW*1.E)YP#CK`$E*@U_4N+< M+P^H'S$-Y-SG-MY".`I;TZP!+(4C=R4GK+3QB2S!2CC:*EGE21,E\Q39`4C. MCD_4Z`/C@I6'Z.WR;\OX-9J3NTE-<'C'&*1(W"4PI#@N17S1*F1MZQ5NXL!) MV9/+"0+BPW.<%>_R:;W`9BAH4I=FP.*["*O-S:F3NZ*!-`HU)\Z3/7P@PC`%-EG@.6#&>38LGYBV"P M,P%N^Y0B8$I]2.%9S=VKK1+:GL;*Z:K41O\A?YQV.48_+'_P-02P,$%`````@`#V930I6Q>K_Z(```>I4"`!4` M'`!F9C$P+3(P,3,P,C$Q7W!R92YX;6Q55`D``^VZ(U'MNB-1=7@+``$$)0X` M``0Y`0``[9UK;^,XEH:_+[#_P5O[=5.)[-P\Z-Y!*A=TL%5)-DEOSV"Q:"@V MG6A*EC*2G$K0Z/^^I&3*$D4>R8GKZ##%F0^5-H_$5P]UX4L>43_]]7D>#IY8 MD@9Q]/,'[^/.AP&+)O$TB.Y__K!(M_QT$@0?_OJ?__HO/_W;UM;?/EU_'DSC MR6+.HFPP29B?L>G@[F5P?3TXB:.(A2%[&9Q_&5PE\82E:9P,#C[NB/\/%BG? MY>!L\8\@2Q>#\RCC=6;^/1O\[3<_FFYMB1K"(/IZYZ=LP$5%Z<\?'K+L\2_; MV]^^??OX?)>$'^/D?GNXLS/:EH$?BLB_B-(`B`\B7E6!S?ZNL@!_&8/!3$H?LFLT&XM]?K\]K.YC% MR3<_X8"?6)IQ)A\G\7Q;!&Z?+,'*?SF7TR@+LI?SB&\T]S/>1ER64/>7[.61 M_?PA#>:/(9._/21L]O.'V*.=H>=]?$ZG_]YMO]N;D'X=I%^O6;9( MHIO%(Y=^\J)6=AS/Y_R2R5X^ MQ]']]LU#G&0W6<*OC?L7H6-3Q]I>MZ;J-Q$09_=T$;*;!S]A#W$X9QWH410L_%#N\?&1\[SSH]/F112G&<:]9^?=BL*SS]-D7XF\3/TH? MX_1[GN^OJ1GGZ"_B:S9E\T=QE^R/1'<5W_>ZN(TS/RQN2!TOAT]^7.LC$?G?R M_PVV!G*;ZI]\^T&Q@T%U#_E!\,,(XTE-.?]O/XN3MV!+DM^YF4H?V21;I+?^ MW:H1\K/]YP^-TNWOJV;5CD=W*;^@)IDB2!=0:JHV]%%2U^CE>N6 M;AFQ_<@[BE&V-7D(PO($F27Q7`-F65>LEQ@GO+/)+?".\,!O9SAE00&1_Z%2 MY#_]+D^I6[Y;!6"]J`]TYC86].KZ>N)VQ9(@YA?SE-]'3`"5&+HD%:%+I$,D MI,4-[9CK2/SPG-]IG_^+O2A(#3'TD!J$+I'N(B$]XJTZ%2U[%OKW"DJEC!Y" M1>`2W1XVNA.63I+@L?J(5@G60@B#K.E<\MQ'XLE]@1C-O7F9W\6A`E(IHT=0 M$;A$=X#\K#F=S7@_(GABP+-&B:&'TB!TB72,^JRY9O>!4!AE%_Y<):H/H0=4 MKW/)<[0AGAV-@>;$5`OI`505ECU)Y,O[6,QC<1C`U5T/H8=2KW,)]+#"\Z=M MU6KC&/#U)X96;MQ3W+C8UW:QL\%J;X,_ROW]R8.6^QP4.W4&_8I>_5F:-%Y0N3ED>2^G. M\:;9U\H-Q8-N*'DEAKM)6==@5=E`UI;?:][;K:;K0[0R'"I_.GH.4L/SU!A- M[#[4JK>GT:^3>.X'JBU6"_M@V?%TJ+*5,$KZ,6)+KBR;L"_/%!(OF9#4% M$3M'33(W/(JX)D_M&6H.ZX4I>!+HT2HG*PKNU@*7D%>*;&DOOV-_)4\*.0S]- M=;=J8QBUF[51*.9YO*I;>YMN%O=+4=_TN?%I*'W#;(7!)1X+RS`>[QT<:J_R M9C%56$VEM:F(MUO$C8#>.]S;`T!7BVF#KBJM35S0`;T/@]ZW!O2^`OJ0&&CH MUE$M)@]:O76,B8$^@$$?6`/Z0`&]G!7!(^W&G>OCSBC=7>6]AUR?<6P:CB4X M2@T+EB?Z(8J3,[]H`4)?8SMZ#;"&^')\`Z,QZJ\Z_!9D#Y67':#66&=#>LVQ MCGK9'B@7!_#J2??6@#:CWA:0=NG34<:IY1LL('=3$#W*)J7R$;NIG+BN8]4@ M5B".'EE`K!P103EAO_C)5Y;E>;==.7?;A![R;KHE?929@I7@7UB>.&GL@9?E M]+AJ1,JN(H-CB[L+OQ$ M&,RG-K.@BR-+5"=6PD7INBHC*,>^[NT84Q`]K":EDNFFWO.`[Z?J4(B>JCF, M'E>S5DEV4Z][P$8K3K)9'`;Q+=<9/[%$?T,UA]$C:]8JAP5PLB)4&48/"P1: M0%[T3 M`2.IC MJ_,!PJF#!WS0"+-7OI1S',9BA>QNO)O!U&DW%4O6."\\+%_1U7<3&Z7T:#8D M2GPXX\[+VEN?DU`@7:C`,W"$TC,1,LTS]H1/RYH\B0PE1TW4W'HZFH)H@H1. M0Y2NF!#1^N0W!=%D"CSE=U'Z54)$R[-='T*3I_$YOHN:#WD43=6<*_W]L\L& M]$AW42VY8[_?WWK3;8FE1[M%L`2-TE&5+0^?S1:>I)"@72A M0J@LH1D`*:>DQF,/HLC7W'%#\0K?N@D5]A-:.`4Z. MCZ)BG=Z!<0/ZL($;\1Z*K5`%M=Z0NVQ`GSMP@][#67)7$=1RHVX/I\_<>./> MJW8YL)>'W,RGZ2IK0@X'6P.Y4_'G:K\#L>/!'^NL`OGG>UL&"+NF[HACU-:\O_G,P7\R/%_-%F#_* M\U7EBDR]RR>67,YF+.&WG*LDF*C4U]R6:$NL>12HKY"U:LL>&JN\=-S&UM8H MU*.^:[;45%%R/L\_,7@972V2R8.?LK3CM;+N/FBWTKI'@_KZVE*C3#Y>_[[6 M;4O:+=3M&%!?C6M19KZCP5O8V0[UNQE*%D/SVKV,KEGA+=CT)'@*IMR-B`5F M:\N>MC3.&W9'N^7><&"H+_"M\N?X`0D1JQ_4B58HDFAC@)I1E\RJ*8'(VL$2 M^67(RILHX#D*Q!&E"BA&7D6LU&%F:@-%Y/?QEK?[H\DD7D39LA6/TI1EZBK; M8"11KJ!FU+?P&DK:Z-K#%/F-NKI$7=],&T&4IE;KIE^HG^XS/QN"ZS_BXS_A0(.\^X^,^XT/LJP?N,S[N,SY40;O/^."!=I_Q00+M M/N.#!/J[?<:GKWQ+X!LBK\^]'-5S+XLZ\D3*05G+0%;S@V=BMHTMG4:<[(NV M0U@O(M:EKHM[0S?:<&^Y$6?::.=P[&GO+1?\_$&+>8P@%F M1TUA9!F;):.FF5:'I\2X($N>@@GSAG<>"+S[9F0;H/LAH&:05F5=)C?!/`C] MY"*.UFJ2M@VM:)2V@T!-(.6]W<I9[0F>W,\??9F[:A9G]V(V\>YE2Y*5NC1Y)^+@/LV,5*1 MYP=%TU;6';JN\V3W%CZ MGDN4;$N4]"Q/E*Q__^@V\:,T7RCJ]5F2N_4LR64%@V4-@S]6=?SY@^=(KO'= M+4,ZFBF(6/_:)!.S=ZW]P*,I%ZTMN)>D2_"$,'[#LJ^%*^MBA)0=#Z0L0VQ@ M*[6B)OAI)(S:B8XL(CI"SNC32-AK)[IG$=$]Y)2\I@1OIY6HMV,/4:%UT]ET M;C;/S>:YV3PWF^=F\]QL'B9Z-YM'CKR;S7.KGA`;^W2KGKA53ZB"=JN>N%5/ MWOUL'K5IT_<[F6?[JB?UX:J+>+7(^28F]O;`B;W_&%S$@U6%;I[O52.FU3;K M-.>GWX!8C[R+Y/[F`JMZUIH7A#?L?T0;.IG@9B$U=U@5UF$>41=N]!=S/OF)^'K\:ABL,N.YK_W@0U['8%G)8)V9S<'_RMK^ M[X>:XY1'G==FF-8TQ!#K7QM48EJ6XBPL3K]C7_=Q=FU$'R#!=L^]H$XIZE1C M38%IVM<41)]I7Q\CJ(HXCR8L;]H3?B<$R"IQY.$J>E%G!ZLZO/%8G8MJ%I.G M6!3JE?3"IK%-D#T-C]'MP[$(0QQ:`?$(?*R_4KU:GI%L]@&B)6,"93U M]Y7J=V&(NW9`W$5>2%^I7DTS:1;;`+&2.8*S7GZ]^GT8XKX=$/>1%[M7JC^` M(1[8`?$`>8E[I?I#&.*A'1`/D1>J5ZH?PQ#'=D`<;WY5^LX0^2%!CJ4H)@^Q MD"DAHCL67CWD6(IB&R"N',L0W;'PZB''4A3;`''E6(;HCD4<$@S1!L=2R)00 MT1T+KQYR+$6Q#1!7CF6([EAX]9!C*8IM@+AR+$-TQ\*KAQQ+46P#Q/U*UE,/ M$"''4A3;`''E6$;HCH57#SF6HM@&B"O',D)W++QZR+$4Q39`7#F640^.I?&^ M3[/8`HB55WA&/3@6#W8LGAV.Q5LYEE$/CL6#'8MGAV/Q5HYEU(-C\6#'XMGA M6+R58QGUX%@\V+%X=C@6;^581CTX%@]V+)X=CL5;.991#X[%@QV+9X=C\?8K MJ60]0(0=BV>'8_%6CF6W!\?BP8[%L\.Q>"O'LMN#8_%@Q^+9X5B\E6/9[<&Q M#&'',K3#L0Q7CF5W4X[%+3K@%AUPBPZX10?X&/]>L_;`)M9;/U!6'RCJ MTJ]"X%9;[VAVJ@U6P#.L1P!&$NN`@UI1UR9H"EE>IVULU1LG(M@.YX0!\E(T M[H(%31G:1=&!.+L@][+^N4E'8Z[>'&P-BZ1L*N//S>2ZF5PWD^MF M%@:R!WS_\4-6P750R*.@9_E+7\N=8Z M\N]MRM:-XKE1/#>*YT;QW"B>&\4C,9;D1O'<*)X;Q7.C>&X4SXWBD0;M1O'< M*)X;Q7.C>,1&\;Y;IV(U3&=(V]<%$.N>Z21B=G?5HH5Z[+UT4>=@W02QL(8J6I/_,P_#9D8LY(?,!4COJOKMS+`/!8# MS.6>]$/,8G^#/^0>J\/,Q6Z_^VCB:<0EOV@M0+UH(_?HFYVFKC:X0P/NMK<`>DNP^?NOND3]W]YJGK4?)HHYW#,7#NUHK)T:VIJ[_T3X>N M!]/U2-/U5+J47-K(&Q\"W;%:,3VZ577UE_R)T-W=&0,VK59,CVY57?TE?B)T M]X8[$-UJ,3VZ577U]_2IT#T\`(9U:\4$Z5;42;K83LUE@KM,<)<)[C+!728X MR:18EPE.+Q_998*_LTSPMF?>9W;OAT573G.3;I02NSLW].G/5T2Q!IY";+W# M_(:D:I?QWY;QCY)8]OXS_E^S;-T/F_%/9![R_6?\$YF3?/\9_T3F)]]_QC^5 MN][2I?S74_XW^!+AS>+QL4CT-F7S:R/HI?!K9?8UG?:&$_87YD^# MZ-YXOI;E])I`(Q)UV>S+NW_P2REX8GJ&S6)Z")L:-[WZ=3>"5TDP]Y,7TST! MB"/,M"FV/JF&!?>&3>)HV@6O+I(P8)U3+)D'QF2W*S+

`OKFJ!^^T)QHL#NRC?:&8Y(MBF)ZK]F4S?,...\Q"A&K']111"B27CN`D`!L1(NB@&NZ##C)`YPA0S3UAY-)O$B MRI8->)2F+%/SN,!(>DA!N1(QID%=*6D#:P7.%42\M+AR&$C7\=)&T`.IE2E1 MXLP*/C(Q]AO=+\>"#8.OYC!Z4,U:)5F MU2!&@X&'E2F,'ERS5DD6Q355K9MX88,E3\&$><,[#R3=?3-ZY+MKERV!8JZJ MLBZ3FV`>A'YR$4=KM47;AK1;HTU]F9&/T1['\?PQCO@Q>?GC6MX#C M_0ZB)704+U?J&:X)W1Q/&+I9M(2.X@9+/:,UH9OC"4,WBY;04?QA-]06`6[% MBN(8CR;_7`0)RU=^%H\/_H!OA=QQ&WK(.PJ7#8#B,UMIVX$6XHCB*GE[_N8' M8BXEN6;!_&Z1I+E;,'+ML@$]SEU42^XH5O."9:VGL"&&'EV#4`D4Q6&VM_") MG['+V2U+YD'D:\:D7K4'>HWQJL.0385B0:_B))O%81#?\D.(N2Q]!K$YC!YT ML];R):)>R)K2BJ%`"^@V$XOW<)8)4H5<\TNI#6T18P'50J@$BN()EX^-LSC. MHCAC:4L:O"Z.'EA`K(2+XOWD,UGF0Q79-6V,@7"RJ`'-DCB*+91RKL5\^^6L M,O/>2AW>A"YY6+>DC^D)/R7,__H8!U$F/KTD9I0-WE`;2):T5JWDB^(5&T*^ M!)&8MS_/<_5$'_.:%2,%1W.AKXUZZ^86M$7K,<@60G&52WGR8KQ-_&DQ;',< MS^=!FHK$27VKM&Q"MB5:=$OZF.]#IM=L2>E3G#U\\=.,&Z]\Y&S:R"OIM@E9 M^BVZ)7W,-RI3_F_H%[[VF_,D5IK2[IMT4E^N4P6^N3#!?LF M+L]/?OZ^RFF:!7/N-\"9".,F]!JAFVY)'\6L`L/V+8VPUI;TVF(M^;)),.UN M6CM;?O&Y/'X0L?@0J9^\E%H9B\ZC2;BH?,%4G=Q8?S_TFNL-!R,;#]5.7_.> M'C]WIK?Q-9N%;)(=\]LL,W5W@7"Z36'6+(FCVNF+.#N.N8!PJ4F`.EFPVUB] MT@U-L,;V=-MDC8.0C83IND^?_?EC""\&HL:0A:T*E4`Q;?92PZ>7OS/?,$," M1E*'J\B5B'%]*A$Z M=CR0K0RA#E7J+%A@Z,)M`J]V/'JP?PTY<"=$%VX=\4KGI`\WJ,J!.RJZ<.N( M5SHP/;A!54Y+9T87;AOQ:B>G!W/8-=\."*=.',B^.^S!0!Z'<1I$]]UX-X.I MTVXJEJQQ%J?E\C)V_Z(?)FV4TJ/9D"CQH?A)67NKWX$"Z4(%O,PABL.40LJ, MZ^,XFO!#2G2OH;0%T^5L4BQ9H_A&(=7\50_"MX":/(D,Q>.)FELO?5,039#0 M)8_BXH2(UEZ6*8@F4ZA'A>+3A(B6?I0^A"9/-!@K M933Y501*<#C+DXK[2QQ-Q3N6:3`+V/2&$UFHR2?F,)HX]5K+[RIBDF2[J);<4?Q/146KM6R) MI4>[1;`$C6***EK.H_PO@><\#!=I/BR3_H^?!/Y=$`;9R^6L.":UJ_K*?9!N MF'4.1#88BN^J:+R,\HR7R^0S2X$V4<)(8U>T2K(XZ\JL9!Q-IX'`XH=%#_P\ MFK)G,V%#.&G2!LVK[[-C(W_R@W!Y;5T]%E"Z"8NHJH*S_-3N+\A1Q^S05\[^QLP0\&..&!34CS M!W27^%$,HNS?PGUV"SKHC:\-[Z"81%E]:U\<"J1+%>B%>SNH/G-YM2Q?F\P_ M:O8Y]J?JS;D]G"YLL^82.8K%/(JBA1\6>O7C;=H(>F"U,DN6*"ZR)L$T$&<* M(DZT.3#G[:`XO:J*<_XTS5OVI+EB(!!'&ZTBMJ2+XO:J0CQN,`&H13%MEH5& MB=!#<6]*_6HR?[.8/$*O@A!GD95Z_4,8X=`"A,,*0A1KI=2OON#0+":/<%1! MB&*/E/IW882[%B#Q6$*!Y(J7\?1KAO`<+]"D)T M3\/K/X`1'EB`\*""$-W*\/H/882'%B`\K"!$-RZ\_C&,<&P!PG$%(;H[X0<$ MN9.BF#;"0J-$.$1W)[Q&R)T4Q>015MS)$-V=\/HA=U(4DT=8<2=#='AC?JP9UXL#OQ+'`G7L6=C'IP)Q[L3CP+W(E7<2>C M'MR)![L3SP)WXE7+`[\2QP)U[%G8QZ<"<> M[$X\"]R)5W$GHQ[[$\\"=^)5W,FH!W?BP>[$L\"=>!5W,NK!G7BP._$L M<"=>Q9V,>G`G0]B=#"UP)\.*.]E%<2!JIXYKY:1S=,)%ESJ;'H9^F)\%LQL31G?'C.9_/V33P,Q:^ M7"5LPL1[%51U=) MG#[R`VFLIK/FMI2;J],!E"V#8N#$*[NWLH!!N25C%+-8OA6JE03<*Z`-Z!'OHKH$CV(Q845K0;+IX>X@NJ2.ZE.U@M8A;AWM"FD4X]AMY3:+EFMK M6Z/-VT.Q?:H,\69_V\H%';>AS]P@O&P!%)NHBJHLY<0OO^B^\>7W+AO09Z]3 M78)',8YYW1?Q"9LN)@+/69R(;V?+CVW?^L^-KXEWVX0>_&ZZ2_PHYE(](7[E M0I:=U3/&A?CA=;/;TG4C>DW057G9"-@K$>:J\D5=0O;D1]EMS$^+$S9C2=)Z M"S)O1K\AS-K+IL!>NC#7=1FQ?'CX[R].G%K[=FH739P**FTUVW MO1CZENR4]G#ZT,W9*OLXB;M/O/M^SSHL1@@$TL,,J2T!XZ3U:I085RB$8^W` MK%FO*+>GB)`P;A#1> M1#''V4.W\FK*`.\-]D4!*[0VQIN!7/#>KT'**:P\CW$&_;$N(:7OPM@"*9;Q]")+L!7Y*&F+H$38( M+8FBV$1%A.DY:`XCSU7SS#M$\8AU';HGG3:".E#EJ7:(X@CK$D",]`E6X*$8 MN[+VUJ<5&$D8*_1D.MR4DYNRH(#,_U`I\Y]^/XVR('NY9O>!4!IEFMNH/H0> M6+W.U5+'&--VY8N?FK$'M9`>057A:B&V%;N?MJMR/_--BY_57VM'P9XS%DU7 M"6BUXU#QYH>P$GK",C\(N2"_E!ID8O.=W1W^O\'6X"1()V&<+A+&_T-LN%UL M.2@V'8AM!W^6C[FJ`N]`W=J&[Z_RUU_FF;I%MI^)) M/%F(2_$X8;YAG%8?0H^D7N>29^MM\Z=ML:,[/V7\/_X?4$L#!!0````(``]F M4T*"+GRLE04``)LP```1`!P`9F8Q,"TR,#$S,#(Q,2YX>83 M\(BXP(P.#+O1-`"B+O,PG0Z,4)A0N!@;GX]__:7_FVG>G8R&P&-NZ",J@A4)#@(OP'2Q&"2RI53`FG M"-S]":EGFCJ"<.^1#X&$?(KD-?21"*"+!L:]E,&193T]/34FC#]!KN@](B$5 M8L-EOM5JVNUFR[85=X(TM0O&_3,T@2&1`^/?$!(\P<@S@$J6B@S>4[O!^%0A M-&WK[FIX$S%(&AY-)G:S2O38:T8P?2@*8CN.8T76M&FNY6S,24JH;6GS&`JT M0%96_$I[3%674G?1GJJ2A'ZQ@R>Y)>+7D7DH+D3R%Q0_*6W-TE0EU3]]"D('7UIF**WY"YMP"H:^($ MC@L2'\(Q(COF3+3OQZ:K<6Y5@D!??!M=;AX*(V9GR?R0_JKA_9RJC.>7:@CA M?B10`V!/%7Z;E@M2*:UEM8^;T1\P08JP>JG00`P'5O#ZUCK(.GXHD/>%'D?7 MZ^-)XITT>MVPB+AQ&2(:1>Q M^T5(/9$MXO9NFRIJKU54(ULQ-%AB@^<%^HMJE$0`48A]D:L4V?F<]W%Y;7?C)8'VZ@(^S5%1!%+Y+`(#)9Y@#1V M)):]5LJTHA?#7DC0S3WDZ)X1#_$+A$05@52`V$$5+57H-(*^7`8!.@IXKJ*# ME[T0-@GA=_4Y`8GNK"]J]0!UH_-9@*C83105X7802#LKD#A@5&VP"`G2F'NY MO+-:T'M*9GO<'>33>54^G\`U`\OH>S5]_!QURR0D\0)QRZGI!/)3M7Z015/4 M)K1RL(W*.2R':$W6':>OZ2W`=E!-K_QC.@ZX_Y9^?Z%@X1(F0H[6JWL& M)3R/M[32R65U=ZVZW\;Z.[K^"]QB!6AT\)SB_Y\VV/K6ZFF7NLN>AO6Q'VC= MT\+CR;+SN/AD<\C<".@5%WUGIGZF?F3:+;-M-V;"2W?HJU#0&<:[^]4HI'Z5 M*418`KF-*7NT.->GHRVS:2O_4@I%+NK77+KN$-I#N'+LU$=?5(Z^^71UJQ*L M>E['CKH&CJZ!?9BADAQV1US4ZF.Q,WZ+9O*$,/A6?$A_) M]/FE1+Y^'Q3?<*R&,1EJMG]P%@8#(SJ"/L*JB0&@LG+H2A4"$BTQBHF:-O3A MD^2A/@^+&@(KR20-V78>\R'F/YT MZIU>IU-"?=544^J'Y=0/:TZ]3#"KIII2[Y93[]:3^HWFUV[V'#M'/6^J(74U MLMMYK>=--:6>%TS>5$_JK78I]:6IIM0/RJD?U)BZ?>#T2JAG3#6DWCKHMO*S M:=Y41^J=3JOD-=7LD(DS'5D?I!TRF9DC*F.E+OM)IEU%=-M:3>ZY8L>C.FGTJ] M;\5[).KR!U!+`0(>`Q0````(``]F4T)P`Q0````(``]F4T)K*J1H_0(``!H3```5`!@```````$```"D M@`L``00E#@`` M!#D!``!02P$"'@,4````"``/9E-"OVSSA[`F``!6BP,`%0`8```````!```` MI($6#0``9F8Q,"TR,#$S,#(Q,5]D968N>&UL550%``/MNB-1=7@+``$$)0X` M``0Y`0``4$L!`AX#%`````@`#V930O08DI=0*```!FH"`!4`&````````0`` M`*2!%30``&9F,3`M,C`Q,S`R,3%?;&%B+GAM;%54!0`#[;HC475X"P`!!"4. M```$.0$``%!+`0(>`Q0````(``]F4T*5L7J_^B```'J5`@`5`!@```````$` M``"D@;1<``!F9C$P+3(P,3,P,C$Q7W!R92YX;6Q55`4``^VZ(U%U>`L``00E M#@``!#D!``!02P$"'@,4````"``/9E-"@BY\K)4%``";,```$0`8```````! M````I(']?0``9F8Q,"TR,#$S,#(Q,2YX`L``00E#@`` ;!#D!``!02P4&``````8`!@`:`@``W8,````` ` end XML 16 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 18 9 1 false 17 0 false 0 false false R1.htm 000000 - Document - Document and Entity Information Sheet http://www.forwardinvesting.com/role/DocumentDocumentandEntityInformation Document and Entity Information false false R2.htm 000010 - Document - Risk/Return Supplement {Unlabeled} - Forward Funds Sheet http://www.forwardinvesting.com/role/DocumentRiskReturnSupplementUnlabeledForwardFunds Risk/Return Supplement - Forward Funds false false R3.htm 000019 - Disclosure - Risk/Return Detail Data {Elements} - Forward Funds Sheet http://www.forwardinvesting.com/role/DisclosureRiskReturnDetailDataElementsForwardFunds Risk/Return Detail Data - Forward Funds false false R4.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data true false All Reports Book All Reports ff10-20130211.xml ff10-20130211.xsd ff10-20130211_cal.xml ff10-20130211_def.xml ff10-20130211_lab.xml ff10-20130211_pre.xml true true