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The Forester Funds, Inc. - Forester Discovery Fund (INTLX)

12.92 0.00 (0.00%)
At close: April 15 at 8:00 PM EDT

Fund Summary

The fund generally invests at least 65% of its net assets in the common stocks of non-U.S. companies. These companies may operate in developed countries, such as the Western European countries, Japan and Canada, as well as in firms based in emerging markets, typically in the Far East, Latin America and Eastern Europe. It generally purchases a stock only at a price the advisor deems significantly below the intrinsic value of the company - Forester Capital's estimate of the amount a buyer would pay to own the entire company.

The Forester Funds, Inc. - Forester Discovery Fund

Forester Funds Inc
100 Field Drive, Suite 330,Lake Forest
800-388-0365

Fund Overview

Category Foreign Large Value
Fund Family Forester
Net Assets 1.79M
YTD Return 1.65%
Yield 1.37%
Morningstar Rating
Inception Date Sep 10, 1999

Fund Operations

Last Dividend 0.17
Last Cap Gain 0.00
Holdings Turnover 17.44%
Average for Category --

Fees & Expenses

Expense INTLX Category Average
Annual Report Expense Ratio (net) 1.19% 1.03%
Prospectus Net Expense Ratio 1.19% --
Prospectus Gross Expense Ratio 1.19% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.24%
Max Deferred Sales Load -- 1.23%
3 Yr Expense Projection 378 --
5 Yr Expense Projection 654 --
10 Yr Expense Projection 1,443 --

Management Information

Thomas Forester, Lead Manager since September 10, 1999
Mr. Forester is also the Chief Investment Officer for Forester Capital Management, an investment management firm he founded in 1999, headquartered in Lake Forest, Illinois. In that role, Mr. Forester is responsible for investment strategy, asset allocation, portfolio construction, security selection and trading. Prior to founding Forester Capital Management, Mr. Forester was an officer and portfolio manager with Scudder Investments’ Dreman Value Advisors, managing a $1.4 billion portfolio. Earlier in his career, Mr. Forester managed assets at Peregrine Capital Management and Thomas White International. Having been involved with the securities business since 1992, Mr. Forester has extensive money management experience. Mr. Forester, CFA, holds a B.A. degree in Economics (with honors) from the University of Colorado and an MBA from the Kellogg School at Northwestern University. Mr. Forester also studied at the London Business School.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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