Advisory services offered through Community Capital Management, LLC (CCM), an SEC registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training.
For additional information on our advisory services, types of clients, and fees, please see our Form ADV Part 2A Brochure and our Form CRS. You can also view this information on the SEC Investment Advisory Public Disclosure website at www.adviserinfo.sec.gov.
CCM Community Impact Bond Fund (f/k/a 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. The CCM Core Impact Equity Fund and CCM Small/Mid-Cap Impact Value Fund are distributed by Foreside Fund Services, LLC.
Mutual fund investing involves risks, including loss of principal. Bonds and bond funds will decrease in value as interest rates rise. The Fund is not diversified. There is no guarantee the objective of the Fund will be achieved. This fund involves impact and ESG Risk. The Adviser may select or exclude securities of certain companies for reasons other than performance and, as a result, the Fund may underperform other funds that do not use an impact and ESG screening process. Impact and ESG investing is qualitative and subjective by nature. There is no guarantee that impact and ESG criteria used by the Adviser will reflect beliefs or values of any particular investor.
Carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other information can be found in the Fund’s prospectus which can be obtained by calling 877-272-1977. Please read carefully before investing.
Community Capital Management, LLC (CCM) is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. The verbal and written communications of an investment adviser provide you with information you need to determine whether to hire or retain the adviser. Past performance is not indicative of future results. CCM has distinct investment processes and procedures relating to the management of investment portfolios. Most of the firm’s strategies are customized, rather than model-based, and utilize an innovative approach to fixed income and equity investing by combining the positive societal outcomes of impact and environmental, social, and governance (ESG) investing with rigorous financial analysis, an inherent focus on risk management, and transparent research. Bonds are subject to interest rate risk and will decline in value as interest rates rise. Stocks will fluctuate in response to factors that may affect a single company, industry, sector, or the market as a whole and may perform worse than the market. A sustainable investment strategy which incorporates impact investing and/or ESG criteria may take into consideration factors beyond traditional financial information to select securities, which could result in relative investment performance deviating from other strategies or broad market benchmarks, depending on whether such sectors or investments are in or out of favor in the market. Further, ESG strategies may rely on certain values-based criteria to eliminate exposures found in similar strategies or broad market benchmarks, which could also result in relative investment performance deviating. Impact figures mentioned are approximate values. Any third party links, trademarks, service marks, logos and trade names included in this content are the property of their respective owners. The inclusion of a third party link is provided for reference and does not imply an endorsement or, association with, or adoption of the site or party by us. Acceptance of this material constitutes your acknowledgement and agreement that the Advisor does not make any express or implied representation or warranty as to the accuracy or completeness of the information contained herein and shall have no liability to the recipient or its representatives relating to or arising from the use of the information contained herein or any omissions therefrom.
Any of the securities identified and described herein are for illustrative purposes only. Their selection was based upon non-performance-based objective criteria, including, but not limited to, the security’s social and/or environmental attributes. It should not be assumed that the recommendations made in the future will be profitable or will equal the performance of the securities identified. Impact figures mentioned are approximate values.
CCM manages fixed income impact investing portfolios for which CCM incorporates a thematic and geographic approach. CCM invests in securities that we consider to be fossil fuel free. We may invest in a bond whose use of proceeds will be used to finance activities or projects in clean and renewable energy or other activities that may contribute to the transition to a more sustainable economy, even if the issuer’s revenue or profits are partially derived from the fossil fuel sector. CCM evaluates common stock and preferred equity securities from an impact, ESG, and financial perspective. The following types of securities are utilized mainly for hedging purposes and, as such, are not subject to impact or ESG review: options, futures, short positions, closed-end funds, and exchange-traded funds (ETF). Our fossil fuel free criteria for common stock and preferred equity securities is as follows:
We do not invest in companies in the business of owning, extracting, producing, processing, or refining the fossil fuels of oil, gas, and coal (S&P Global definition: “Companies that hold fossil fuel reserves, which are defined as economically and technically recoverable sources of crude oil, natural gas, and thermal coal.”)
- We do not invest in companies that are in the business of storage, transportation, exploration, or production of carbon-related fuels or energy sources.
- We do not invest in the common stock of companies that are in the oil or gas equipment and services business.
- Investments may be made in utilities that have current fossil fuel power sources above 15% but are actively transitioning to renewable sources.
- Investments may be made in companies that are pursuing alternative energy technologies or are in alternative energy sectors.
- Investment may be made in companies that are working to transition away from fossil fuels.
To read our full impact and ESG policy, visit: https://www.ccminvests.com/impact/impact-esg-policy/.
Performance results presented are net of fees and represent total return. Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client’s investment portfolio. Performance reports contained herein should not be construed as a recommendation to purchase or sell any particular securities. Market conditions can vary widely over time and can result in a loss of portfolio value. The results portrayed included the reinvestment of dividends, interest and other earnings. Any index information provided herein does not reflect the impact of fees; you cannot invest directly in an index. Performance for periods greater than 1-year are annualized. Portfolio data typically obtained from several sources including eVestment Alliance and Bloomberg. Benchmark data primarily obtained from Barclays Live unless otherwise indicated.
The Core Fixed Income Composite is comprised of all actively managed fixed income accounts that invest mainly in investment grade securities with community development as their primary purpose. The Bloomberg Barclays Intermediate Aggregate Bond Index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-thru securities, and asset-backed securities. The Bloomberg Barclays Intermediate U.S. Aggregate Index is the Intermediate component of the U.S. Aggregate Index. Securities must have a maturity from 1 up to (but not including) 10 years for all sectors except for Securitized (MBS, ABS, CMBS), which does not have a maximum weighted average maturity (MBS) or remaining average life (ABS, CMBX) constraint. Returns are calculated in U.S. dollars. For a more detailed description of fees and expenses, see Form ADV Part 2A. CCM claims compliance with the Global Investment Performance Standards (GIPS®). To receive a complete list and description of CCM’s composites and/or a presentation that adheres to the GIPS® standards, contact Alyssa Greenspan, CFA at 877-272-1977 or firstname.lastname@example.org, or write CCM: 261 North University Drive, Suite 520, Ft. Lauderdale, Florida 33324.