CRM Funds / All Cap Value Fund
All CAP VALUE FUND
The CRM All Cap Value Fund began in October 2006.
|
$18
million
|
Kevin Chin & Ron McGlynn |
| Ticker |
Inception |
Cusip |
Net Expense Ratio1
|
Gross Expense Ratio |
Current Assets |
Minimum Investment |
| CRIEX |
10/24/2006 |
12626X833 |
1.25% |
2.77% |
$6 million |
$1,000,000 |
| CRMEX |
10/24/2006 |
12626X841 |
1.50% |
3.02% |
$12 million |
$2,500 |
The All Cap Value Fund, under normal circumstances, invests at least 80% of its assets in a diversified portfolio of equity and equity related securities of U.S. and non-U.S. companies that are publicly traded on a U.S. securities market. There are no limits on the market capitalizations of companies in which the All Cap Value Fund may invest.
Supported by an experienced team of investment professionals, the portfolio managers make judgments about the relative attractiveness of various securities in selecting stocks for the portfolio. All stocks held in the other products are not held in the All Cap Value Fund, and it falls upon the portfolio managers to decide which holdings are the most attractive in this portfolio. This strategy will typically be invested in 40 to 50 stocks. Although the Fund is built from the bottom up, stock specific risks, sector weightings and risk/reward characteristics are all taken into account in the portfolio construction process.
Principal investment risks: The Fund invests in value stocks which can perform differently from the market on whole and may continue to be undervalued for long periods of time. Compared to mutual funds that focus exclusively on large capitalization companies, shares of the Fund may be more volatile because they invest in small, mid and large capitalization companies. Small and mid capitalization companies are likely to have more limited product lines, fewer capital resources and less depth of management than larger companies.
Top Ten Equity Holdings (as of 06/30/10)
Holdings are subject to change
|
Tyco International Ltd.
|
4.19%
|
|
Stanley Black & Decker, Inc.
|
3.15%
|
|
Viacom, Inc.
|
2.98%
|
|
Syniverse Holdings, Inc.
|
2.97%
|
|
Roche Holding Ltd.
|
2.63%
|
|
United Technologies Corporation
|
2.60%
|
|
Baker Hughes, Inc.
|
2.59%
|
|
Key Corporation
|
2.55%
|
|
Coca-Cola Enterprises, Inc.
|
2.52%
|
|
Monster Worldwide, Inc.
|
2.51%
|
|
TOTAL
|
28.69%
|
Most Recent Fund Distribution - 2009
As a shareholder of a Fund, you are entitled to dividends and other distributions arising from net investment income and net realized gains, if any, earned on the investments held by the Funds. Dividends and distributions, if any, are declared and paid annually to you. Each Fund expects to distribute any net realized gains once a year.
Distributions are payable to the shareholders of record at the time the distributions are declared (including holders of shares being redeemed, but excluding holders of shares being purchased). All distributions are reinvested in additional Fund shares unless you have elected to receive the distributions in cash.
- Date of Record: 12/14/2009
- Ex-Date: 12/15/2009
- Payment Date: 12/16/2009
| Name |
Short Term |
Long Term |
Ordinary Income |
Total |
| CRM All Cap Value Fund |
| Institutional Class |
- |
- |
$0.015420 |
$0.015420 |
| Investor Class |
- |
- |
$0.005600 |
$0.005600 |
View historical distribution information.
Performance (as of 06/30/10)
Annual Returns
| Year |
All Cap Value |
Russell
3000V |
Russell
3000 |
| 2009 |
31.67 |
19.76 |
28.34 |
| 2008 |
-36.26 |
-36.25 |
-37.31 |
| 2007 |
4.29 |
-1.01 |
5.14 |
Annual Returns
| Year |
All Cap Value |
Russell
3000V |
Russell
3000 |
| 2009 |
31.21 |
19.76 |
28.34 |
| 2008 |
-36.43 |
-36.25 |
-37.31 |
| 2007 |
3.99 |
-1.01 |
5.14 |
Annual Returns
Annualized Returns
| Year |
All Cap Value |
Russell
3000V |
Russell
3000 |
|
Q2'10
|
-13.61
|
-11.09
|
-11.32
|
|
YTD |
-9.96
|
-4.83
|
-6.05
|
|
1 Yr |
6.83
|
17.57
|
15.72
|
|
3 Yr |
-10.81
|
-12.13
|
-9.47
|
|
ICD |
-5.50
|
-7.39
|
-5.15
|
Annualized Returns
| Year |
All Cap Value |
Russell
3000V |
Russell
3000 |
|
Q2'10
|
-13.64
|
-11.09
|
-11.32
|
|
YTD |
-9.98
|
-4.83
|
-6.05
|
|
1 Yr |
6.58
|
17.57
|
15.72
|
|
3 Yr |
-11.03
|
-12.13
|
-9.47
|
|
ICD |
-5.74
|
-7.39
|
-5.15
|
The information on the Funds’ performance represent past performance, which
does not guarantee future results. If you invest in a Fund, your investment return
and principal value will fluctuate, so that your shares, when redeemed, may be worth
more or less than their original cost. The Funds’ current performance may
be lower or higher than the performance above. For most recent month-end performance,
please click here.
1 The net expense ratio for the CRM All Cap Value Fund is the ratio listed
in the CRM Funds Prospectus, dated October 28, 2009. This figure will fluctuate
over time. CRM has a contractual obligation to waive a portion of fees through November
1, 2010 and to assume certain expenses. Performance would have been lower in the
absence of fee waivers and expense reimbursements.