Banks/Thrifts
Banks/Thrifts
Community Capital Management is the registered investment advisor to the CRA Qualified Investment Fund CRA Shares (Ticker: CRAIX). The CRA Shares are designed specifically for banks looking to receive positive consideration on the investment test portion of their CRA Exam.
The CRA Qualified Investment Fund was initiated in August, 1999 and seeks to provide current income consistent with the preservation of capital through investments in high-credit quality fixed income securities that support community development activities.
Out of nearly 700 CRA exams, every shareholder has earned positive consideration for their investment in the Fund.*
Below you can click on “Sample CRA Investments” where we offer interested banks/thrifts the opportunity to complete a brief questionnaire to receive sample investment profiles in your assessment area(s).
Click here for 2011 capital gains distribution information.
* As of December 31, 2011. CRA Exams conducted by FDIC, OCC, OTS and FRB. These regulators have not approved or disapproved of the fund.
The information provided herein is not intended as legal or tax advice, nor is it intended as advice as to the compliance with any regulatory requirements; please consult a tax or legal professional regarding such matters.
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 fund's investment objectives, risks, charges, and expenses. This and other information can be found in the fund's prospectus. Please read carefully before investing. Other classes of the fund are available by separate prospectus which have different expenses and intended investors. As of 12/31/11, approximately 87% of the Fund's total shares were held by financial institutions and 13% were held by non-financial institutions and individual investors.
