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Sustainable & Responsible Mutual Fund Chart

Fund Profile:
CCM Alternative Income Fund Download as PDF for Printing PDF Download

Jump to: General Fund Information | Fund Institution Information | Account Minimums | Methodology | Proxy Voting Information | Specific Screening Information by Category | Performance Data


General Fund Information - [Return to Top]

Ticker: CCMNX

Assets under management (AUM): $30.72M (in US$ millions) - See other performance data below

General Fund Type: Balanced Funds

Specific Sizes or Types of Investments: Equity Long/Short, Fixed Income

Financial Objective: The Fund's investment objective is 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.

Specific ESG Focus: The Fund publishes a quarterly ESG report that includes a: discussion of some of the positive impact and ESG attributes of its fixed income holdings; review of proxy voting guidelines and proxy votes, and list of the Fund's long holdings.

To invest, call: 954-217-7999

 


Institution Name:
Community Capital Management

Mutual Funds Description: Community Capital Management, Inc. ("CCM") was established in 1998 and is an SEC Registered Investment Advisor. CCM manages the CRA Qualified Investment Fund which invests in high credit quality, market-rate fixed-income securities that finance community and economic development. The core economic activities supported by these investments include affordable homeownership and rental housing, environmentally sustainable initiatives, job creation and training programs, and neighborhood revitalization projects.

Contact info:
2500 Weston Rd.
Weston, FL 33331
United States
Phone: (954)217-7999
Fax: (954)385-9299
Email: jhorwitz@ccminvests.com
Web: 2500 Weston Rd. (Opens in a new window)

 

Account Minimums - [Return to Top]

Minimum Account: $100,000

Minimum IRA: $100,000

 

Methodology - [Return to Top]

Screening Venue: In-house and outside

Screening Party: Community Capital Management, Inc.

Screening Database Used: Bloomberg's ESG database and the Contriversy Screens service of Sustainalytics.

Screening Process: For long positions in equity securities, we examine portfolio holdings quarterly for their standing in areas of corporate ESG risk and performance. We believe a corporation’s commitment to diversity, equality and the environment strongly impacts its long-term financial viability. The adviser performs internal ESG research coupled with ESG data from Bloomberg’s ESG database along with the Controversy Screens service of Sustainalytics provides guidance in determining the length of the Fund’s holding period and proxy voting record. For fixed income, a significant portion of the Fund’s holdings provide financing for a variety of projects meeting ESG criteria. These investments positively support initiatives such as affordable housing, renewable energy, adaptive reuse and economic development, to name just a few.

 

Proxy Voting Information - [Return to Top]

Proxy Voting Guidelines or Policies: www.ccmalternativeincome.com - Go to Funds quarterly ESG report for information about proxy voting guidelines.

Proxy Voting Records: Not currently available

 

Specific Screening Information by Category - [Return to Top]

Environment

  • Climate / Clean Technology: Combination of Positive and Restricted/Exclusionary Strategies
  • Pollution / Toxics: Combination of Positive and Restricted/Exclusionary Strategies
  • Other Environmental: Combination of Positive and Restricted/Exclusionary Strategies

Social

  • Community Development: Combination of Positive and Restricted/Exclusionary Strategies
  • Diversity & Equal Employment Opportunity: Combination of Positive and Restricted/Exclusionary Strategies
  • Human Rights: Combination of Positive and Restricted/Exclusionary Strategies
  • Labor Relations: Combination of Positive and Restricted/Exclusionary Strategies
  • Sudan: Combination of Positive and Restricted/Exclusionary Strategies

Governance

  • Board Issues: Combination of Positive and Restricted/Exclusionary Strategies
  • Executive Pay: Combination of Positive and Restricted/Exclusionary Strategies

Products

  • Alcohol: Combination of Positive and Restricted/Exclusionary Strategies
  • Animal Welfare: Combination of Positive and Restricted/Exclusionary Strategies
  • Defense/Weapons: Combination of Positive and Restricted/Exclusionary Strategies
  • Gambling: Combination of Positive and Restricted/Exclusionary Strategies
  • Tobacco: Combination of Positive and Restricted/Exclusionary Strategies

Other


    Performance Data - [Return to Top]

    Data provided by: Bloomberg logo - Information current as of April 30, 2017

    Year-to-date rate of return: 2.53%

    1-year rate of return: 6.05%

    3-year rate of return: 1.61%

    5-year rate of return: --

    10-year rate of return: --

    Previous year rate of return: 2.47%

    Management fee: 0%

    Expense ratio: 2.76%

    Standard deviation: 3.67%

    Benchmark used: Citigroup 3-Month T-Bill Index | External link (Opens in a new window)

    Disclaimer: __The CCM Alternative Income Fund is distributed by SEI Investments Distribution Co. (SIDCO) which is not affiliated with Community Capital Management, Inc. or Badge Investment Partners. There is no guarantee any of the goals of the Fund will be achieved. 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 risk, merger arbitrage risks, derivatives 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, and charges and expenses. This and other information can be found in the Fund’s prospectus which can be obtained by calling 866-202-3573 or by visiting www.ccmalternativeincome.com. Please read the prospectus carefully before investing. Primary index applied as a benchmark to this fund: Citigroup 3-Month T-Bill Index


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