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As Of Filer Filing For·On·As Docs:Size Issuer Agent 10/12/07 Forward Funds 485APOS 4:1.0M RR Donnelley/FA → Forward Asia Ex-Japan Equities Fund |
⇒ Document/Exhibit Description Pages Size
1: 485APOS Post-Effective Amendment HTML 776K
3: EX-99.(D)(17) Sub-Advisory Agreement Among the Registrant, HTML 55K
the Advisor and Pictect Asset Mgmnt
2: EX-99.(D)(3)(A) Amended and Restated Investment Management HTML 43K
Agreement
4: EX-99.(I)(1) Revised Legal Opinion of Dechert LLP HTML 11K
| Revised legal opinion of Dechert LLP |
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Exhibit (i)(1) Revised legal opinion of Dechert LLP |
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Forward Funds
433 California Street, 11th Floor
| Re: | Forward Funds |
Ladies and Gentlemen:
This opinion is given in connection with the filing by Forward Funds, a Delaware statutory trust (“Trust”), of Post-Effective Amendment No. 43 to the Trust’s Registration Statement on Form N-1A (“Registration Statement”) under the Securities Act of 1933 (“1933 Act”) and Amendment No. 43 to the Registration Statement under the Investment Company Act of 1940.
We have examined the following Trust documents: the Trust’s Declaration of Trust; the Trust’s By-Laws; pertinent provisions of the laws of the State of Delaware; and such other Trust records, certificates, resolutions, documents and statutes that we have deemed relevant in order to render the opinion expressed herein.
Based on such examination, we are of the opinion that:
| 1. | The Trust is a Delaware statutory trust duly organized, validly existing, and in good standing under the laws of the State of Delaware; and |
| 2. | The shares to be offered for sale by the Trust, when issued in the manner contemplated by the Registration Statement when effective under the rules of the Securities and Exchange Commission, will be legally issued, fully-paid and non-assessable when sold in accordance with the terms of the Registration Statement and the requirements of applicable federal and state law and delivered by the Trust against receipt of the net asset value of the shares. |
This letter expresses our opinion as to Delaware Law governing matters such as the due organization of the Trust and the authorization and issuance of the shares, but does not extend to the “Blue Sky” laws of the State of Delaware or any other state or to federal securities or other laws.
We hereby consent to all references to our firm in the Registration Statement. In giving such consent, however, we do not admit that we are within the category of persons whose consent is required by Section 7 of the 1933 Act and the rules and regulations thereunder.
Sincerely,
/s/ Dechert LLP
U.S. Austin Boston Charlotte Harrisburg Hartford New York Newport Beach Palo Alto Philadelphia Princeton
San Francisco Washington DC EUROPE Brussels London Luxembourg Munich Paris
| This ‘485APOS’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed on: | 10/12/07 | |||
| 10/5/07 | 485BPOS | |||
| List all Filings | ||||