The proxy statement mentions borrowing money, purchasing real estate and making loans, among other fundamental policies. Will CRMC change its practices on any of these or the other issues mentioned?
No. We are proposing a standardized set of policies across all funds and the elimination of some policies that were required when the fund was launched but are now more restrictive than required by current regulations. CRMC does not currently intend to change the way the funds are managed. Any material change in the way a fund is managed would still need to be approved by the board of that fund. For additional detail regarding the funds investment policies, please refer to the funds statement of additional information (i.e., Part B) available on the Prospectuses and Reports page. For more information on the AFIS funds investment policies, please refer to the prospectuses and reports for Class 1 and Class 2 shares.
