Mutual Funds
Emerald Mutual Fund Advisers Trust
Emerald Mutual Fund Advisers Trust, EMFAT, is one of three advisers offered by Emerald Advisory Services. EMFAT is a wholly-owned subsidiary of Emerald Advisers, Inc. and was established to allow for Emerald to serve in a sub-advisor capacity for mutual fund and other registered investment companies.
EMFAT presently is the sub-advisor for the Forward Mutual Funds which include the:
Forward Growth Fund (HSPGX) - a small-cap growth fund invested primarily in stocks of small niche companies with market capitalization equal to or less than that of the largest company included in the Russell 2000 Index; broadly diversified with no more than 5% of the Fund invested in one company and typically holds between 110 - 130 stocks.
Forward Banking & Finance Fund (HSSAX) - a sector fund primarily invested in stocks of community banks and other institutions engaged in the financial services industry; usually holds between 100 - 120 issues with broad diversification within the sector.
In addition, EMFAT functions as sub-advisor for the Principal Financial Group. EMFAT as of 12-31-06 manages approximately 33% of Emerald's total assets under management.
