SEC Info - Forward Funds Inc. - ‘NSAR-B’ for 12/31/01

SEC Info℠

Home

Help

Please Sign In

Forward Funds Inc. – ‘NSAR-B’ for 12/31/01

As of: Wednesday, 2/27/02 · For: 12/31/01 · Accession #: 940400-2-125 · File #: 811-08419

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/27/02  Forward Funds Inc.                NSAR-B     12/31/01    2:24K                                    Bny Mellon Inv S… Inc/FA

Annual Report by an Investment Company — Form N-SAR — ICA’40
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: NSAR-B      Annual Report by an Investment Company                23     93K 
 2: EX-99       Miscellaneous Exhibit                                  3±    11K

‘NSAR-B’ — Annual Report by an Investment Company

SEC Info℠ rendering: Data from the Answer File, which may only contain updates to a prior Form N-SAR

Form N-SAR

Annual Report by an Open-End Investment Company

Report
Registrant: Forward Funds, Inc. — List all N-SARs

Annual Report for the 2nd-half period ended at fiscal year end: 12/31/01

Were there any Answer File errors in the Filing? None FoundNone Found by SEC InfoNot Checked by the FilerOne or more Found by SEC Info
Was the Answer File completed by the Registrant? Yes

Is this an Amendment to a previous Report? No
Is this a change to a previous Report? No
Registrant
1. SEC CIK: 1047140
SEC File #: 811-08419

Telephone #: 800-999-6809
2. Address: 433 California Street
San Francisco, CA 94104
3. Is this the first Form N-SAR filed by the Registrant? No
4. Is this the final Form N-SAR filed by the Registrant? No
Funds/Series ↑Top of Form N-SAR
7. Is the Registrant a Funds/Series (multiple portfolios) company? Yes

The number of separate Funds/Series (portfolios) at period end: 4
The number of separate Funds/Series (portfolios) reported here: 4...

N-SAR S# Fund/Series — Filings for F/S#… ⇒ Symbols
↓Information Common to All
↓ Series 3: Forward Garzarelli U.S. Equity Fund — N-SARs
↓ Series 2: Forward Hansberger International Growth Fund — N-SARs
↓ Series 1: Forward Hoover Small Cap Equity Fund — S#1207
↓ Series 6: Forward Uniplan Real Estate Investment Fund — S#1210
Family of Investment Companies
19. Is the Registrant/Series part of a “family” of investment companies? Yes

Total number of registered management investment companies, Series
and portfolios (excluding any Unit Investment Trusts) in the family: 4

The Identification Code of the family for Form N-SAR Filings: FORWARDFUN
Investment Company Type
27. Is the Registrant an “open-end” investment company? Yes, Open-End
Additional Disclosures
77. Did the Registrant file any additional Exhibits with the filing of this
Report (listed here and filed either herewith — as one of the ‘EX-99.*’
↑Exhibits in this Filing — or separately and incorporated by reference)? Yes

EX-99.77B: Accountant’s Report re: Internal Controls? Yes

EX-99.77K: Letter re: a Change in Certified Public Accountant? Yes

EX-99.77Q1: Other Disclosure? Yes
Subsidiaries
78. Does the Registrant have any wholly-owned investment company
subsidiaries whose operating and financial data are consolidated with
that of the Registrant in this Report? No
All Series ↑List of 4 Funds/Series Reported Here

Information Common to All Funds/Series
All: Administrator
10.1 Name: PFPC Inc.
Location: King of Prussia, PA
All: Principal Underwriter
11.1 Name: PFPC Distributors, Inc.
Location: King of Prussia, PA
All: Shareholder Servicing/Transfer Agent
12.1 Name: PFPC Inc.
SEC File #: 084-01761
Location: Boston, MA
All: Independent Public Accountant
13.1 Name: Pricewaterhousecoopers LLP
Location: San Francisco, CA
All: Custodian
15.1 Name: Brown Brothers Harriman & Co.
Role: Custodian
Location: Boston, MA

Type of custody: Section 17(f)(1) — Bank
18. Does the Registrant’s/Series’ Custodian(s) maintain some or all of the
Registrant’s/Series’ securities in a central depository or book-entry
system pursuant to Rule 17f-4? Yes
All: Brokerage Commissions Paid on Portfolio Transactions
20. The brokers who received the largest amount of gross brokerage
commissions during the period:
20.1 Broker: Investment Technologies Group
Commissions paid ($000s): 38
20.2 Broker: Isi Group
Commissions paid ($000s): 27
20.3 Broker: Merrill Lynch, Pierce, Fenner & Smith Inc.
IRS #: 13-5674085
Commissions paid ($000s): 26
20.4 Broker: Vandham Securities Corp.
Commissions paid ($000s): 26
20.5 Broker: Jefferies & Co. Inc.
IRS #: 95-2622900
Commissions paid ($000s): 20
20.6 Broker: Bear Stearns Co. Inc.
IRS #: 13-3299429
Commissions paid ($000s): 20
20.7 Broker: Paine Webber Inc.
IRS #: 13-2638166
Commissions paid ($000s): 17
20.8 Broker: First Boston Corp.
IRS #: 13-5659485
Commissions paid ($000s): 17
20.9 Broker: Veritas
Commissions paid ($000s): 16
20.10 Broker: Fox-Pitt Kelton Inc.
Commissions paid ($000s): 16
21. Total brokerage commissions paid by the Registrant during the period:
Aggregate paid ($000s): 527
All: Portfolio Transactions with Entities Acting as Principals
22. The entities acting as principals with whom the Registrant did the
largest amount of portfolio transactions, based on total value of
principal, during the period:
22.1 Entity: Robertson Stephens
Registrant’s purchases ($000s): 5,123
Registrant’s sales ($000s): 7,009
22.2 Entity: Spear, Leeds & Kellogg
IRS #: 13-5515160
Registrant’s purchases ($000s): 4,674
Registrant’s sales ($000s): 2,584
22.3 Entity: Jefferies & Co. Inc.
IRS #: 95-2622900
Registrant’s purchases ($000s): 1,240
Registrant’s sales ($000s): 5,842
22.4 Entity: First Boston Corp.
IRS #: 13-5659485
Registrant’s purchases ($000s): 3,118
Registrant’s sales ($000s): 2,936
22.5 Entity: Baird Robert & Co., Inc.
IRS #: 39-6037917
Registrant’s purchases ($000s): 3,986
Registrant’s sales ($000s): 2,017
22.6 Entity: Morgan Stanley & Co.
IRS #: 13-2655998
Registrant’s purchases ($000s): 2,686
Registrant’s sales ($000s): 3,068
22.7 Entity: Montgomery Securities
IRS #: 94-1701676
Registrant’s purchases ($000s): 2,601
Registrant’s sales ($000s): 2,954
22.8 Entity: McDonald & Co.
IRS #: 34-0642435
Registrant’s purchases ($000s): 1,230
Registrant’s sales ($000s): 3,280
22.9 Entity: Merrill Lynch, Pierce, Fenner & Smith Inc.
IRS #: 13-5674085
Registrant’s purchases ($000s): 1,991
Registrant’s sales ($000s): 2,174
22.10 Entity: Thomas Weisel Partners
Registrant’s purchases ($000s): 2,785
Registrant’s sales ($000s): 489
23. Total purchase/sale transactions by the Registrant during the period:
Aggregate purchases ($000s): 50,532
Aggregate sales ($000s): 47,884
All: Considerations which Affected the Participation of Brokers or Dealers
26. Considerations which affected the participation of brokers or dealers or
other entities in commissions or other compensation paid on portfolio
transactions of the Registrant:

Consideration?
Sales of the Registrant’s/Series’ shares ............................... Yes
Receipt of investment research and statistical info .................... Yes
Receipt of quotations for portfolio valuations ......................... Yes
Ability to execute portfolio transactions to obtain the best price
and execution ........................................................ Yes
Receipt of telephone line and wire services ............................ No
Broker or Dealer which is an affiliated person ......................... No
An arrangement to return or credit part or all of commissions or
profits thereon...
To an Investment Adviser or Principal Underwriter, or to an
affiliated person of either ...................................... No
To the Registrant .................................................. No
Other .................................................................. No
All: Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance)
29. Was a front-end sales load deducted from any share sales during the
period? No
34. Did the Registrant/Series impose a deferred or contingent deferred sales
load during the period? No
All: Advisory Fee
49. Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income? No
50. Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets? No
51. Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance? No
52. Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants? No
53. Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws? Yes

Was the limitation that applied during the period based on...
Assets? Yes
54. Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................ Yes
Clerical and bookkeeping services ...................................... Yes
Accounting services .................................................... Yes
Services of independent auditors ....................................... No
Services of outside counsel ............................................ No
Registration and filing fees ........................................... No
Stationery, supplies and printing ...................................... No
Salaries & compensation of Registrant’s interested Directors ........... Yes
Salaries & compensation of Registrant’s disinterested Directors ........ No
Salaries & compensation of Registrant’s Officers who aren’t Directors .. Yes
Reports to current shareholders ........................................ No
Determination of offering and redemption prices ........................ Yes
Trading department ..................................................... Yes
Prospectus preparation and printing for current shareholders ........... No
Other .................................................................. Yes
All: Miscellaneous Info
55. Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
Overdrafts? No
Bank loans? No
56. During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies? No
57. Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend? No
All: Classification and Asset Allocation
58. Is the Registrant/Series a Separate Account of an insurance company? No
59. Is the Registrant/Series a management investment company? Yes
60. Was the Registrant/Series a diversified investment company at any time
during the period? Yes

Was the Registrant/Series a diversified investment company at the end of
the period? Yes
61. The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity: $2,500
All: Fidelity Bond in Effect at Fiscal Year End
80. Insurer: Chubb Group of Insurance Companies

Aggregate face amount of coverage for the Registrant/Series on all bonds
on which it is named as an insured ($000s): 1,000
81. Is the bond part of a joint fidelity bond(s) shared with other
investment companies or other entities? No
82. Does the mandatory coverage of the fidelity bond have a deductible? No
83. Were any claims with respect to this Registrant/Series filed under the
bond during the period? No
84. Were any losses incurred with respect to this Registrant/Series that
could have been filed as a claim under the fidelity bond but were not? No
85. Are the Registrant’s/Series’ Officers and Directors covered as Officers
and Directors of the Registrant/Series under any errors and omissions
insurance policy owned by the Registrant/Series or anyone else? Yes

Were any claims filed under such policy during the period with respect
to the Registrant/Series? No
Series 1 ↑Information Common to All Funds/Series ↑List of 4 Funds/Series
7. Name: Forward Hoover Small Cap Equity Fund — S#1207

Is this the final Form N-SAR filed for this Fund/Series? No
S 1: Investment Adviser
8.1 Name: Forward Management, LLC
Role: Adviser
Location: San Francisco, CA
8.2 Name: Hoover Investment Management, LLC
Role: Sub-Adviser
SEC File #: 801-55526
Location: San Francisco, CA
S 1: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers
24. At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities? No
S 1: Sales and Repurchases
28. Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
1st Month of period: ($000s)
Total NAV of shares sold:
New sales (including exchanges) ............................ 4,299
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2,894
2nd Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 7,967
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 5,578
3rd Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 2,045
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1,879
4th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 3,396
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 3,756
5th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 7,035
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 5,781
6th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 5,101
Reinvestment of dividends and distributions ................ 695
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 6,131

Total of all months: ($000s)
Total NAV of shares sold:
New sales (including exchanges) ............................ 29,843
Reinvestment of dividends and distributions ................ 695
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 26,019

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s): 0
S 1: Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance)
37. Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period? No
39. Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period? No
S 1: Payment Plan for the Distribution of Fund Shares
40. During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1? Yes
41. During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan? Yes
42. For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid (%)
Advertising ............................................................ –
Printing & mailing of prospectuses to other than current shareholders .. –
Payments to underwriters ............................................... –
Payments to brokers or dealers ......................................... 100
Direct payments to sales personnel ..................................... –
Payments to banks and savings & loans .................................. –
Other uses, including payments to its Investment Adviser separate
from the advisory fee ................................................ –
Unallocated payments made for a combination of such services ........... –
43. Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s): 264
44. If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s): 0
S 1: Advisory Fee
45. Did the Registrant/Series have an advisory contract during the period? Yes
46. Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period? Yes
47. Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets? Yes
48. Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
Single-fee rate: 0.0%
Step-fee rates:
For 1st $000s: 500,000
Annual rate: 1.05%
& Above $000s: 500,000
Annual rate: 0.95%
S 1: Classification and Asset Allocation
62. Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities? No
66. Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities? Yes

Which best describes its primary investment objective:

Aggressive capital appreciation? No
Capital appreciation? No
Growth? No
Growth and income? No
Income? No
Total return? Yes
67. Is the Registrant/Series a “balanced” Fund? No
68. Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
Engaged primarily in production or distribution of precious metals? No
Located primarily in countries other than the United States? No
69. Is the Registrant/Series an index Fund? No
S 1: Investment Practices
70. Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity Permitted Engaged In
Writing or investing in repurchase agreements? Yes No
Writing or investing in options on equities? Yes No
Writing or investing in options on debt securities? Yes No
Writing or investing in options on stock indices? Yes No
Writing or investing in interest rate futures? Yes No
Writing or investing in stock index futures? Yes No
Writing or investing in options on futures? Yes No
Writing or investing in options on stock index futures? Yes No
Writing or investing in other commodity futures? No –
Investments in restricted securities? Yes to both
Investments in shares of other investment companies? Yes No
Investments in securities of foreign issuers? Yes to both
Currency exchange transactions? Yes to both
Loaning portfolio securities? Yes No
Borrowing of money? Yes No
Purchases/sales by certain exempted affiliated persons? No –
Margin purchases? No –
Short selling? No –
S 1: Portfolio Turnover
71. Portfolio turnover rate for the period:
Purchases ($000s): 156,149
Sales ($000s): 139,449

Monthly average Value of portfolio ($000s): 99,657

Percent turnover (lesser of Purchases or Sales, divided by Value): 140%
S 1: Financial Info — Income and Expenses
72. The number of months covered by the values in Items 72 and 73: 12

Income ($000s)
Net interest income .............................................. 161
Net dividend income .............................................. 486
Account maintenance fees ......................................... –
Net other income ................................................. –

Expenses ($000s)
Advisory fees .................................................... 1,110
Administrator fees ............................................... 213
Salaries and other compensation .................................. –
Shareholder Servicing Agent fees ................................. 79
Custodian fees ................................................... 60
Postage .......................................................... –
Printing expenses ................................................ 59
Directors’ fees .................................................. 36
Registration fees ................................................ 56
Taxes ............................................................ –
Interest ......................................................... –
Bookkeeping fees paid to anyone performing this service .......... 38
Auditing fees .................................................... 28
Legal fees ....................................................... 81
Marketing/distribution payments, incl. Rule 12b-1 plan payments .. 317
Amortization of organization expenses ............................ –
Shareholder meeting expenses ..................................... –
Other expenses ................................................... 25
Total expenses ................................................... 2,102

Expense reimbursements ($000s): 357

Net investment income ($000s): -1,098

Realized capital gains ($000s): 0
Realized capital losses ($000s): 915

Net unrealized appreciation during the period ($000s): 6,484
Net unrealized depreciation during the period ($000s): 0

Total income dividends for which the record date passed during the
period ($000s): 0

Total capital gains distributions for which the record date passed
during the period ($000s): 697
73. Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income: $0.0000

Distribution of capital gains: $0.0891
Other distributions: $0.0000
S 1: Financial Info — Condensed Balance Sheet Data
74. Assets ($000s)
Cash ............................................................. 2,407
Repurchase agreements ............................................ –
Short-term debt securities, other than repurchase agreements ..... –
Long-term debt securities, including convertible debt ............ –
Preferred, conv. preferred and adjustable-rate preferred stock ... –
Common stock ..................................................... 113,940
Options on equities .............................................. –
Options on all futures ........................................... –
Other investments ................................................ –
Receivables from portfolio instruments sold ...................... 1,394
Receivables from affiliated persons .............................. –
Other receivables ................................................ 391
All other assets ................................................. 4
Total assets ..................................................... 118,136

Liabilities ($000s)
Payables for portfolio instruments purchased ..................... 1,272
Amounts owed to affiliated persons ............................... 42
Senior long-term debt ............................................ –
Other liabilities:
Reverse repurchase agreements .................................. –
Short sales .................................................... –
Written options ................................................ –
All other liabilities .......................................... 1,276

Equity ($000s)
Senior equity .................................................... –
Net assets of common shareholders ................................ 115,546

Number of shares outstanding (000s): 7,818

Net Asset Value (NAV) per share (to nearest cent): $14.78

Total number of shareholder accounts: 435

Total value of assets in segregated accounts ($000s): 0
75. Monthly average net assets during the period ($000s): 106,408
Series 2 ↑Information Common to All Funds/Series ↑List of 4 Funds/Series
7. Name: Forward Hansberger International Growth Fund — N-SARs

Is this the final Form N-SAR filed for this Fund/Series? No
S 2: Investment Adviser
8.1 Name: Forward Management, LLC
Role: Adviser
Location: San Francisco, CA
8.2 Name: Hansberger Global Investors, Inc.
Role: Sub-Adviser
SEC File #: 801-46059
Location: Fort Lauderdale, FL
S 2: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers
24. At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities? No
S 2: Sales and Repurchases
28. Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
1st Month of period: ($000s)
Total NAV of shares sold:
New sales (including exchanges) ............................ 2,740
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 3,757
2nd Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 1,158
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 1,226
3rd Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 2,148
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 287
4th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 1,343
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 3,214
5th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 2,617
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2,189
6th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 2,244
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 2,839

Total of all months: ($000s)
Total NAV of shares sold:
New sales (including exchanges) ............................ 12,250
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 13,512

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s): 0
S 2: Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance)
37. Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period? No
39. Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period? No
S 2: Payment Plan for the Distribution of Fund Shares
40. During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1? Yes
41. During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan? Yes
42. For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid (%)
Advertising ............................................................ –
Printing & mailing of prospectuses to other than current shareholders .. –
Payments to underwriters ............................................... –
Payments to brokers or dealers ......................................... 100
Direct payments to sales personnel ..................................... –
Payments to banks and savings & loans .................................. –
Other uses, including payments to its Investment Adviser separate
from the advisory fee ................................................ –
Unallocated payments made for a combination of such services ........... –
43. Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s): 24
44. If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s): 0
S 2: Advisory Fee
45. Did the Registrant/Series have an advisory contract during the period? Yes
46. Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period? Yes
47. Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets? Yes
48. Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
Single-fee rate: 0.0%
Step-fee rates:
For 1st $000s: 50,000
Annual rate: 0.85%
Of next $000s: 50,000
Annual rate: 0.75%
Of next $000s: 150,000
Annual rate: 0.65%
Of next $000s: 250,000
Annual rate: 0.6%
& Above $000s: 500,000
Annual rate: 0.55%
S 2: Classification and Asset Allocation
62. Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities? No
66. Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities? Yes

Which best describes its primary investment objective:

Aggressive capital appreciation? No
Capital appreciation? No
Growth? No
Growth and income? No
Income? No
Total return? Yes
67. Is the Registrant/Series a “balanced” Fund? No
68. Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
Engaged primarily in production or distribution of precious metals? No
Located primarily in countries other than the United States? Yes
69. Is the Registrant/Series an index Fund? No
S 2: Investment Practices
70. Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity Permitted Engaged In
Writing or investing in repurchase agreements? Yes No
Writing or investing in options on equities? Yes No
Writing or investing in options on debt securities? Yes No
Writing or investing in options on stock indices? Yes No
Writing or investing in interest rate futures? Yes No
Writing or investing in stock index futures? Yes No
Writing or investing in options on futures? Yes No
Writing or investing in options on stock index futures? Yes No
Writing or investing in other commodity futures? No –
Investments in restricted securities? Yes to both
Investments in shares of other investment companies? Yes No
Investments in securities of foreign issuers? Yes to both
Currency exchange transactions? Yes to both
Loaning portfolio securities? Yes No
Borrowing of money? Yes No
Purchases/sales by certain exempted affiliated persons? No –
Margin purchases? No –
Short selling? No –
S 2: Portfolio Turnover
71. Portfolio turnover rate for the period:
Purchases ($000s): 12,424
Sales ($000s): 12,346

Monthly average Value of portfolio ($000s): 19,267

Percent turnover (lesser of Purchases or Sales, divided by Value): 64%
S 2: Financial Info — Income and Expenses
72. The number of months covered by the values in Items 72 and 73: 12

Income ($000s)
Net interest income .............................................. -3
Net dividend income .............................................. 277
Account maintenance fees ......................................... –
Net other income ................................................. –

Expenses ($000s)
Advisory fees .................................................... 170
Administrator fees ............................................... 40
Salaries and other compensation .................................. –
Shareholder Servicing Agent fees ................................. 24
Custodian fees ................................................... 81
Postage .......................................................... –
Printing expenses ................................................ 12
Directors’ fees .................................................. 13
Registration fees ................................................ 24
Taxes ............................................................ –
Interest ......................................................... –
Bookkeeping fees paid to anyone performing this service .......... 61
Auditing fees .................................................... 28
Legal fees ....................................................... 18
Marketing/distribution payments, incl. Rule 12b-1 plan payments .. 26
Amortization of organization expenses ............................ –
Shareholder meeting expenses ..................................... –
Other expenses ................................................... 1
Total expenses ................................................... 498

Expense reimbursements ($000s): 158

Net investment income ($000s): -66

Realized capital gains ($000s): 0
Realized capital losses ($000s): 2,950

Net unrealized appreciation during the period ($000s): 0
Net unrealized depreciation during the period ($000s): 1,538

Total income dividends for which the record date passed during the
period ($000s): 0

Total capital gains distributions for which the record date passed
during the period ($000s): 0
73. Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income: $0.0000

Distribution of capital gains: $0.0000
Other distributions: $0.0000
S 2: Financial Info — Condensed Balance Sheet Data
74. Assets ($000s)
Cash ............................................................. 945
Repurchase agreements ............................................ –
Short-term debt securities, other than repurchase agreements ..... –
Long-term debt securities, including convertible debt ............ –
Preferred, conv. preferred and adjustable-rate preferred stock ... 418
Common stock ..................................................... 17,427
Options on equities .............................................. –
Options on all futures ........................................... –
Other investments ................................................ –
Receivables from portfolio instruments sold ...................... –
Receivables from affiliated persons .............................. 4
Other receivables ................................................ 25
All other assets ................................................. 133
Total assets ..................................................... 18,952

Liabilities ($000s)
Payables for portfolio instruments purchased ..................... –
Amounts owed to affiliated persons ............................... –
Senior long-term debt ............................................ –
Other liabilities:
Reverse repurchase agreements .................................. –
Short sales .................................................... –
Written options ................................................ –
All other liabilities .......................................... 973

Equity ($000s)
Senior equity .................................................... –
Net assets of common shareholders ................................ 17,979

Number of shares outstanding (000s): 1,867

Net Asset Value (NAV) per share (to nearest cent): $9.63

Total number of shareholder accounts: 34

Total value of assets in segregated accounts ($000s): 0
75. Monthly average net assets during the period ($000s): 20,106
Series 3 ↑Information Common to All Funds/Series ↑List of 4 Funds/Series
7. Name: Forward Garzarelli U.S. Equity Fund — N-SARs

Is this the final Form N-SAR filed for this Fund/Series? No
S 3: Investment Adviser
8.1 Name: Forward Management, LLC
Role: Adviser
Location: San Francisco, CA
8.2 Name: Garzarelli Investment Management, LLC
Role: Sub-Adviser
SEC File #: 801-49891
Location: San Francisco, CA
S 3: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers
24. At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities? No
S 3: Sales and Repurchases
28. Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
1st Month of period: ($000s)
Total NAV of shares sold:
New sales (including exchanges) ............................ 7
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 176
2nd Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 37
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 18
3rd Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 10
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 74
4th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 10
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. –
5th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 10
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 28
6th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 24
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 139

Total of all months: ($000s)
Total NAV of shares sold:
New sales (including exchanges) ............................ 98
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 435

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s): 0
S 3: Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance)
37. Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period? No
39. Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period? No
S 3: Payment Plan for the Distribution of Fund Shares
40. During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1? Yes
41. During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan? Yes
42. For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid (%)
Advertising ............................................................ –
Printing & mailing of prospectuses to other than current shareholders .. –
Payments to underwriters ............................................... –
Payments to brokers or dealers ......................................... 100
Direct payments to sales personnel ..................................... –
Payments to banks and savings & loans .................................. –
Other uses, including payments to its Investment Adviser separate
from the advisory fee ................................................ –
Unallocated payments made for a combination of such services ........... –
43. Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s): 32
44. If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s): 0
S 3: Advisory Fee
45. Did the Registrant/Series have an advisory contract during the period? Yes
46. Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period? Yes
47. Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets? Yes
48. Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
Single-fee rate: 0.0%
Step-fee rates:
For 1st $000s: 100,000
Annual rate: 0.8%
Of next $000s: 400,000
Annual rate: 0.725%
& Above $000s: 500,000
Annual rate: 0.65%
S 3: Classification and Asset Allocation
62. Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities? No
66. Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities? Yes

Which best describes its primary investment objective:

Aggressive capital appreciation? No
Capital appreciation? Yes
Growth? No
Growth and income? No
Income? No
Total return? No
67. Is the Registrant/Series a “balanced” Fund? No
68. Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
Engaged primarily in production or distribution of precious metals? No
Located primarily in countries other than the United States? No
69. Is the Registrant/Series an index Fund? No
S 3: Investment Practices
70. Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity Permitted Engaged In
Writing or investing in repurchase agreements? Yes No
Writing or investing in options on equities? Yes No
Writing or investing in options on debt securities? Yes No
Writing or investing in options on stock indices? Yes No
Writing or investing in interest rate futures? Yes No
Writing or investing in stock index futures? Yes No
Writing or investing in options on futures? Yes No
Writing or investing in options on stock index futures? Yes No
Writing or investing in other commodity futures? No –
Investments in restricted securities? Yes to both
Investments in shares of other investment companies? Yes No
Investments in securities of foreign issuers? Yes to both
Currency exchange transactions? Yes to both
Loaning portfolio securities? Yes No
Borrowing of money? Yes No
Purchases/sales by certain exempted affiliated persons? No –
Margin purchases? No –
Short selling? No –
S 3: Portfolio Turnover
71. Portfolio turnover rate for the period:
Purchases ($000s): 19,740
Sales ($000s): 19,434

Monthly average Value of portfolio ($000s): 26,649

Percent turnover (lesser of Purchases or Sales, divided by Value): 73%
S 3: Financial Info — Income and Expenses
72. The number of months covered by the values in Items 72 and 73: 12

Income ($000s)
Net interest income .............................................. 12
Net dividend income .............................................. 352
Account maintenance fees ......................................... –
Net other income ................................................. –

Expenses ($000s)
Advisory fees .................................................... 216
Administrator fees ............................................... 55
Salaries and other compensation .................................. –
Shareholder Servicing Agent fees ................................. 29
Custodian fees ................................................... 45
Postage .......................................................... –
Printing expenses ................................................ 13
Directors’ fees .................................................. 10
Registration fees ................................................ 16
Taxes ............................................................ –
Interest ......................................................... –
Bookkeeping fees paid to anyone performing this service .......... 39
Auditing fees .................................................... 26
Legal fees ....................................................... 24
Marketing/distribution payments, incl. Rule 12b-1 plan payments .. 35
Amortization of organization expenses ............................ –
Shareholder meeting expenses ..................................... –
Other expenses ................................................... 7
Total expenses ................................................... 515

Expense reimbursements ($000s): 110

Net investment income ($000s): -41

Realized capital gains ($000s): 0
Realized capital losses ($000s): 2,296

Net unrealized appreciation during the period ($000s): 0
Net unrealized depreciation during the period ($000s): 1,866

Total income dividends for which the record date passed during the
period ($000s): 0

Dividends from net investment income: $0.0000

Distribution of capital gains: $0.0000
Other distributions: $0.0000
S 3: Financial Info — Condensed Balance Sheet Data
74. Assets ($000s)
Cash ............................................................. 309
Repurchase agreements ............................................ –
Short-term debt securities, other than repurchase agreements ..... –
Long-term debt securities, including convertible debt ............ –
Preferred, conv. preferred and adjustable-rate preferred stock ... –
Common stock ..................................................... 25,616
Options on equities .............................................. –
Options on all futures ........................................... –
Other investments ................................................ –
Receivables from portfolio instruments sold ...................... –
Receivables from affiliated persons .............................. –
Other receivables ................................................ 25
All other assets ................................................. 1
Total assets ..................................................... 25,951

Liabilities ($000s)
Payables for portfolio instruments purchased ..................... –
Amounts owed to affiliated persons ............................... 4
Senior long-term debt ............................................ –
Other liabilities:
Reverse repurchase agreements .................................. –
Short sales .................................................... –
Written options ................................................ –
All other liabilities .......................................... 44

Equity ($000s)
Senior equity .................................................... –
Net assets of common shareholders ................................ 25,903

Number of shares outstanding (000s): 2,510

Net Asset Value (NAV) per share (to nearest cent): $10.32

Total number of shareholder accounts: 73

Total value of assets in segregated accounts ($000s): 0
75. Monthly average net assets during the period ($000s): 26,664
Series 6 ↑Information Common to All Funds/Series ↑List of 4 Funds/Series
7. Name: Forward Uniplan Real Estate Investment Fund — S#1210

Is this the final Form N-SAR filed for this Fund/Series? No
S 6: Investment Adviser
8.1 Name: Forward Management, LLC
Role: Adviser
Location: San Francisco, CA
8.2 Name: Uniplan Real Estate Advisors, Inc.
Role: Sub-Adviser
SEC File #: 801-24133
Location: Milwaukee, WI
S 6: Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers
24. At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities? No
S 6: Sales and Repurchases
28. Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
1st Month of period: ($000s)
Total NAV of shares sold:
New sales (including exchanges) ............................ 13
Reinvestment of dividends and distributions ................ 92
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 6
2nd Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ –
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 3
3rd Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 5
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. –
4th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 9
Reinvestment of dividends and distributions ................ 123
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. –
5th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 4
Reinvestment of dividends and distributions ................ –
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. –
6th Month:
Total NAV of shares sold:
New sales (including exchanges) ............................ 47
Reinvestment of dividends and distributions ................ 555
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. –

Total of all months: ($000s)
Total NAV of shares sold:
New sales (including exchanges) ............................ 78
Reinvestment of dividends and distributions ................ 770
Other ...................................................... –
Total NAV of shares redeemed & repurchased (inc. exchanges) .. 9

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s): 0
S 6: Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance)
37. Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period? No
39. Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period? No
S 6: Payment Plan for the Distribution of Fund Shares
40. During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1? Yes
41. During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan? Yes
42. For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid (%)
Advertising ............................................................ –
Printing & mailing of prospectuses to other than current shareholders .. –
Payments to underwriters ............................................... –
Payments to brokers or dealers ......................................... 100
Direct payments to sales personnel ..................................... –
Payments to banks and savings & loans .................................. –
Other uses, including payments to its Investment Adviser separate
from the advisory fee ................................................ –
Unallocated payments made for a combination of such services ........... –
43. Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s): 35
44. If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s): 0
S 6: Advisory Fee
45. Did the Registrant/Series have an advisory contract during the period? Yes
46. Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period? Yes
47. Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets? Yes
48. Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
Single-fee rate: 0.0%
Step-fee rates:
For 1st $000s: 100,000
Annual rate: 0.85%
Of next $000s: 400,000
Annual rate: 0.8%
& Above $000s: 500,000
Annual rate: 0.7%
S 6: Classification and Asset Allocation
62. Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities? No
66. Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities? Yes

Which best describes its primary investment objective:

Aggressive capital appreciation? No
Capital appreciation? No
Growth? No
Growth and income? No
Income? Yes
Total return? No
67. Is the Registrant/Series a “balanced” Fund? No
68. Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
Engaged primarily in production or distribution of precious metals? No
Located primarily in countries other than the United States? No
69. Is the Registrant/Series an index Fund? No
S 6: Investment Practices
70. Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity Permitted Engaged In
Writing or investing in repurchase agreements? Yes No
Writing or investing in options on equities? Yes No
Writing or investing in options on debt securities? Yes No
Writing or investing in options on stock indices? Yes No
Writing or investing in interest rate futures? Yes No
Writing or investing in stock index futures? Yes No
Writing or investing in options on futures? Yes No
Writing or investing in options on stock index futures? Yes No
Writing or investing in other commodity futures? No –
Investments in restricted securities? Yes No
Investments in shares of other investment companies? Yes No
Investments in securities of foreign issuers? Yes No
Currency exchange transactions? Yes No
Loaning portfolio securities? Yes No
Borrowing of money? Yes No
Purchases/sales by certain exempted affiliated persons? No –
Margin purchases? No –
Short selling? No –
S 6: Portfolio Turnover
71. Portfolio turnover rate for the period:
Purchases ($000s): 1,747
Sales ($000s): 846

Monthly average Value of portfolio ($000s): 12,309

Percent turnover (lesser of Purchases or Sales, divided by Value): 7%
S 6: Financial Info — Income and Expenses
72. The number of months covered by the values in Items 72 and 73: 12

Income ($000s)
Net interest income .............................................. 53
Net dividend income .............................................. 848
Account maintenance fees ......................................... –
Net other income ................................................. –

Expenses ($000s)
Advisory fees .................................................... 119
Administrator fees ............................................... 21
Salaries and other compensation .................................. –
Shareholder Servicing Agent fees ................................. 21
Custodian fees ................................................... 31
Postage .......................................................... –
Printing expenses ................................................ 8
Directors’ fees .................................................. 4
Registration fees ................................................ 14
Taxes ............................................................ –
Interest ......................................................... –
Bookkeeping fees paid to anyone performing this service .......... 36
Auditing fees .................................................... 19
Legal fees ....................................................... 12
Marketing/distribution payments, incl. Rule 12b-1 plan payments .. 49
Amortization of organization expenses ............................ –
Shareholder meeting expenses ..................................... –
Other expenses ................................................... 3
Total expenses ................................................... 337

Expense reimbursements ($000s): 85

Net investment income ($000s): 649

Realized capital gains ($000s): 310
Realized capital losses ($000s): 0

Net unrealized appreciation during the period ($000s): 569
Net unrealized depreciation during the period ($000s): 0

Total income dividends for which the record date passed during the
period ($000s): 649

Total capital gains distributions for which the record date passed
during the period ($000s): 231
73. Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income: $0.5162

Distribution of capital gains: $0.1818
Other distributions: $0.0000
S 6: Financial Info — Condensed Balance Sheet Data
74. Assets ($000s)
Cash ............................................................. 1,590
Repurchase agreements ............................................ –
Short-term debt securities, other than repurchase agreements ..... –
Long-term debt securities, including convertible debt ............ –
Preferred, conv. preferred and adjustable-rate preferred stock ... –
Common stock ..................................................... 13,448
Options on equities .............................................. –
Options on all futures ........................................... –
Other investments ................................................ –
Receivables from portfolio instruments sold ...................... –
Receivables from affiliated persons .............................. 1
Other receivables ................................................ 79
All other assets ................................................. –
Total assets ..................................................... 15,118

Equity ($000s)
Senior equity .................................................... –
Net assets of common shareholders ................................ 15,085

Number of shares outstanding (000s): 1,319

Net Asset Value (NAV) per share (to nearest cent): $11.43

Total number of shareholder accounts: 17

Total value of assets in segregated accounts ($000s): 0
75. Monthly average net assets during the period ($000s): 14,071
Signature ↑Top of Form N-SAR
/s/ John F Herman
Name: John F Herman
Title: Supervisor

↑Top

Filing Submission 0000940400-02-000125 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Forward Funds Inc. – ‘NSAR-B’ for 12/31/01

As of: Wednesday, 2/27/02 · For: 12/31/01 · Accession #: 940400-2-125 · File #: 811-08419

Previous ‘NSAR-B’: ‘NSAR-B’ on 2/26/01 for 12/31/00 · Next: ‘NSAR-B’ on 2/27/03 for 12/31/02 · Latest: ‘NSAR-B’ on 2/28/06 for 12/31/05

Annual Report by an Investment Company — Form N-SAR — ICA’40Filing Table of Contents

‘NSAR-B’ — Annual Report by an Investment Company

Annual Report by an Investment Company — Form N-SAR — ICA’40
Filing Table of Contents