CRA Qualified Investment Fund
The Community Reinvestment Act (CRA) Qualified Investment Fund is an open-end mutual fund. Its investment objective is to provide a high level of current income consistent with the preservation of capital and investments that will be deemed to be qualified under the CRA of 1977. The CRA Act of 1977 is intended to encourage depository institutions to help meet the credit needs of their entire communities, including low- and moderate-income neighborhoods, and CRA regulators encourage institutions to make sustainable, responsible and impactful investments.
The CRA Qualified Investment Fund offers three share classes for investors:
The flagship CRA share class (CRAIX) was launched in August of 1999. It was created to help banks garner positive consideration on the investment portion of their CRA exams.Learn More
The institutional share class (CRANX) was launched in March of 2007. Its market-rate fixed income strategy is fossil fuel free and supports environmental and social initiatives. Clients can customize their investments to support specific geographies or impact themes.Learn More
The retail share class (CRATX) was launched in March of 2007. Its market-rate fixed income strategy is fossil fuel free and supports environmental and social initiatives.Learn More
Community Capital Management is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The CRA Qualified Investment Fund is distributed by SEI Investments Distribution Co. (SIDCo), 1 Freedom Valley Dr., Oaks, PA 19456. SIDCo is not affiliated with Community Capital Management. Investing involves risk, including possible loss of principal. Bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise.
Carefully consider the Funds’ investment objectives, risks, charges, and expenses. This and other information can be found in the Funds’ prospectuses which can be obtained by calling 866-202-3573. Please read it carefully before investing.