X0101 EFFECT 33 LIVE 2018-08-22 16:00:00

N-14

0000889188 Forward Funds 333-226162 0000889188 Forward Funds S000025529 Salient International Real Estate Fund C000076429 Class A 0000889188 Forward Funds S000025530 Salient Tactical Real Estate Fund C000076435 Class A 0000889188 Forward Funds S000025529 Salient International Real Estate Fund C000076431 Class C 0000889188 Forward Funds S000025530 Salient Tactical Real Estate Fund C000076437 Class C 0000889188 Forward Funds S000025529 Salient International Real Estate Fund C000076433 Investor Class 0000889188 Forward Funds S000025530 Salient Tactical Real Estate Fund C000076439 Investor Class 0000889188 Forward Funds S000025529 Salient International Real Estate Fund C000076434 Institutional Class 0000889188 Forward Funds S000025530 Salient Tactical Real Estate Fund C000076440 Institutional Class 0000889188 Forward Funds S000025529 Salient International Real Estate Fund C000100472 Class I2 0000889188 Forward Funds S000025530 Salient Tactical Real Estate Fund C000100473 Class I2