Established in 1998, Community Capital Management, Inc. (CCM) is a privately-held investment advisor registered with the SEC that is headquartered in Weston, FL with offices in Charlotte, NC and Boston, MA. CCM specializes in managing fixed income impact investing portfolios.
CCM was founded to capitalize on the belief that portfolios of government-related securities - that are primarily excluded from the major bond indices - could produce competitive returns while also promoting community development. Significant demand existed for this type of strategy as it helped to satisfy a bank/thrift's requirements under the Investment Test portion of the Community Reinvestment Act (CRA) exam.
The CRA Qualified Investment Fund was launched in 1999 and has grown to include investments from more than 350 banks/thrifts and other types of investors interested in its community development investing strategy. In 2001, the Firm expanded to include separate account management on behalf of clients such as: foundations, religious organizations, pension funds, non-profits and their advisors.
CCM offers its strategy via a separate account, a mutual fund (CRA Qualified Investment Fund), or a commingled fund. In 2013, the firm introducted a new publicly traded mutual fund, the CCM Alternative Income Fund, that is a unique blend of traditional and alternative strategies.
The Community Capital Trust funds are 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. 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.