Selling Shares

You may request to take money out of your account at any time by selling some or all of your shares. Redemption requests received by a CRM Fund or its authorized agent in good order will be priced at the NAV that is determined as of the close of trading on that day.

Some redemptions require signature guarantees; please refer to the “Shareholder Account Procedures” section of the prospectus.

The following procedures apply only to non-IRA accounts. To sell shares in an IRA, you must send us a CRM IRA Distribution Request Form or you may request the form by calling 800.276.2883.

For information on how to redeem shares of CRM Funds, scroll to a specific method that interests you:

By Mail

Individual, Joint Owners, Sole Proprietorships and UGMA/UTMA

Mail a letter of instruction including: the Fund’s name; your account number; each owner’s name and address; the dollar amount or number of shares to be sold; and the signature of each owner as it appears on the account.

Trust

All Trustees must sign the letter of instruction.

For regular mail delivery:
CRM Funds
c/o PFPC
P.O. Box 9812
Providence, RI 02940

For overnight delivery:
CRM Funds
c/o PFPC
101 Sabin Street
Pawtucket, RI 02860

All Others

Call 800.276.2883 for instructions.

By Telephone — 800.276.2883

(Available to all account types except IRAs)
With the telephone redemption option, you can sell from $500 to $25,000 worth of shares per day by telephone. You automatically have this option unless you declined it on your account application. If you did decline and would like to add it, call 800.276.2883 or print and complete the Shareholder Options Form.

By Wire

(Available to all account types except IRAs)
We will transmit payment by wire to a pre-authorized bank account. Usually, the funds will arrive at your bank the next business day. The fee for this service is currently $5.00 per wire transaction. This option is available to you if you enclosed a voided check with your account application or subsequently completed a Shareholder Options Form to add this feature to your CRM Funds account. If you initially declined this option and would now like to add it, call 800.276.2883 or print and complete the Shareholder Options Form.

By Systematic Withdrawals

(Available to all account types except IRAs)
This service lets you withdraw a set amount from your account at regular intervals. To be eligible for systematic withdrawal, you must have at least $5,000 in your CRM Funds Account. You must withdraw at least $50 per transaction. If you’d like to add this option, please call us at 800.276.2883 or print and complete the Shareholder Options Form.

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.