EXHIBIT (d)(26) FORWARD FUNDS INVESTMENT SUB-ADVISORY AGREEMENT This INVESTMENT SUB-ADVISORY AGREEMENT ("Agreement") effective as of September 1, 2008, is by and among Pennant Management, Inc. (the "Sub-Advisor"), Forward Funds (the "Trust"), on...Investment Sub-Advisory Agreement • August 25th, 2008 • Forward Funds • California
Exhibit 99(d)(7) INVESTMENT SUB-ADVISORY AGREEMENT AGREEMENT, made as of the 25/th/ day of September, 2000, among Munder Capital Management (the "Advisor"), a Delaware partnership, Framlington Overseas Investment Management Limited (the...Investment Sub-Advisory Agreement • September 25th, 2000 • Munder Funds Inc • Michigan