Forward Funds is giving its multi-strategy fund a facelift.

According to a filing, the Forward Aggressive Growth Allocation Fund will be renamed Forward Multi-Strategy Fund effective December 3. The fund bets on a combination of other Forward Funds including the U.S. equity, frontier and emerging market, international equity, U.S. fixed-income, international fixed-income, money market, long/short, tactical and other alternative investment strategies. Also, the HFRI Fund of Funds Composite Index is added as an additional benchmark index for the fund, effective December 3.

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