Community Capital Management, Inc. (CCM) is the registered investment adviser to the CCM Alternative Income Fund (Ticker: CCMNX). Badge Investment Partners LLC serves as sub-advisor.
Please note: There will be no capital gains distribution in 2016 for the CCM Alternative Income Fund.
The Fund’s investment objective is to seek to provide (1) a high level of current income consistent with the preservation of capital and (2) reduced correlation to conventional stock and bond markets while considering environmental, social and governance (ESG) factors.
(SEC 30-Day Yield)
|3 Month T-Bill + 4.0%||5.22%|
|Volatility/Standard Deviation||2.0% to 4.0%||3.69%|
(full market cycle)
|5% to 9%||2.47%; 2.16% (1-year; since inception)|
|Correlation to S&P 500||0.0 to 0.50||0.42|
|Correlation to Barclays Aggregate||0.0 to 0.50||-0.09|
All data from 5/31/13 (Fund inception) to 12/31/16. Performance quoted is past performance and does not guarantee future results. Current performance may be lower or higher than performance data quoted. An investor's investment return and principal value will fluctuate, so that your shares, when redeemed, may be worth more or less than your initial cost. To obtain the most recent month-end standardized performance, call 877-272-1977. Performance reflects fee waivers, which if not in effect, would have decreased performance. The total annual fund operating expenses is 2.76%. The total annual fund operating expenses is 2.83%. The net expense ratio is 2.76%. The total annual fund operating expenses after fee waivers and expense reimbursements (other than acquired fund fees and expenses and dividend expense and prime broker fees on securities sold short) is 1.60%. Waivers are contractual and in effect until 9/30/17.”The unsubsidized 30-day yield is 5.10% (12/31/16). For current performance for CCMNX, please click here.
For current performance for the CCM Alternative Income Fund, please click here.
The CCM Alternative Income Fund is distributed by SEI Investments Distribution Co. (SIDCo), 1 Freedom Valley Dr., Oaks, PA 19456. SIDCo is not affiliated with Community Capital Management or Badge Investment Partners LLC. Check the background of SIDCo on FINRA's BrokerCheck. Investing involves risk, including possible loss of principal. Bonds and bond funds will decrease in value as interest rates rise. High yield bonds involve greater risks of default or downgrade and are more volatile than investment grade securities, due to the speculative nature of their investments. The Fund uses investment techniques that are different from the risks ordinarily associated with equity investments. Such techniques and strategies include hedging risks, merger arbitrage risks, derivative risks, short sale risks, leverage risks, commodities risk, and foreign investment risks, which may increase volatility and may increase costs and lower performance. Commodities can be highly volatile and the use of leverage may accelerate the velocity of potential losses.
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 866-202-3573. Please read it carefully before investing.
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