Meeting Your Specific Portfolio Needs

CRM strives to consistently apply the investment philosophy and process across a broad range of mutual funds. These mutual funds, listed below, are available in three share classes: institutional, investor and advisor.

Small Cap Value Fund

(CRISX, CRMSX)

Mid Cap Value Fund

(CRIMX, CRMMX)

All Cap Value Fund

(CRIEX, CRMEX, CRAEX)

Small/Mid Cap Value Fund

(CRIAX, CRMAX)

Large Cap Opportunity Fund

(CRIGX, CRMGX, CRAGX)

Investments in mid-size companies present greater risk of loss than investments in large companies.

Investments in small capitalization companies present a greater risk of loss than investments in large companies due to greater volatility and less liquidity.

You should consider the investment objectives, risks, charges and expenses of the Funds before investing. You may obtain the prospectus here or by calling 800.276.2883. The Funds are subject to risks, which are described in the prospectus. In particular, when compared to mutual funds that focus on larger capitalization companies, shares of the Funds may be more volatile because of the focus on smaller capitalization companies, which may have more limited product lines and fewer capital resources. The Funds’ value investing strategy also involves risks. Value stocks can perform differently from the market as a whole and can be undervalued by the market for long periods of time. You should read the prospectus carefully before investing.

¹ Formerly, CRM Mid/Large Cap Value Fund. The Fund name change was effective October 26, 2007. The Fund has not changed its investment strategy.