About the AHA Investment Funds
The AHA Investment Funds are a series of the CNI Charter Funds (the "Trust"), and are sponsored by the American Hospital Association (AHA). The Funds started in 1988 as a means to provide hospitals with tobacco-free investment opportunities and were opened to the general public in 2004. There are now five different investment options that are offered as part of the AHA Investment Funds and range from conservative fixed income to all equity funds. All of the AHA Investment Funds are tobacco-free.
Now all investors can participate in the AHA Investment Funds, which previously were only available to hospitals and other AHA - related institutions. Large institutions can purchase the Institutional Class (Class I) shares of the fund. In 2004, a no-load Individual Class (Class N) of the funds was created for individuals and smaller institutions. Both classes are managed the same, but have slightly different cost structures. More information about the two share classes can be found in the AHA Investment Funds prospectuses.
All of the AHA Investment Funds are managed by CCM Advisors, LLC (“CCMA”), a registered investment advisor and the AHA-sponsored investment advisor for the AHA Investment Program.
The AHA Investment Funds are a series of the CNI Charter Funds, a group of mutual funds sponsored by City National Bank, a wholly-owned subsidiary of City National Corp. CCMA has contracted with the Trust to provide management and other services to the Funds.1 More information about the AHA Investment Funds is contained in the Funds’ prospectuses, Annual Report, Semi-Annual Report, and Statement of Additional Information.
The AHA Investment Funds are distributed by SEI Investments Distribution Co. (“SIDCO”), a wholly-owned subsidiary of SEI Investment Compnay and a registered broker-dealer. SIDCO is not affiliated with AHA, AHA Solutions, Inc, CCMA or the Trust.
1 CCMA and the CNI Charter Funds are licensed to use certain servicemarks of the American Hospital Association (the “AHA”) in connection with the AHA Investment Funds. None of the AHA, AHA Solutions, Inc. (“AHASI”), or any of their subsidiaries is registered as a broker-dealer or investment advisor, and none of these entities engages, or may engage, in the offer or sale of securities or investment products, nor do they provide advice regarding securities or investment products. None of the AHA, AHASI or any of their subsidiaries are affiliates of CCMA or CNI. Inquiries received by AHA or AHASI regarding the Program and/or the AHA Investment Funds will be directed to appropriate CCMA personnel.