Important Questions You Should Ask

  1. What does it cost?

    The annual expense ratio for the Institutional Class shares of CCA Core Return Fund (Symbol: CORIX) and CCA Aggressive Return Fund (Symbol: RSKIX) is 0.90%

    The annual expense ratio for the Investor Class shares of CCA Core Return Fund (Symbol: CORAX) and CCA Aggressive Return Fund (Symbol: RSKAX) is 1.15%

    Please see our prospectus for more information on fees

  2. Do I need to open an account?

    No. If you have an account at Schwab or Fidelity, all you need to do is purchase the funds in your current accounts. Here are step-by-step instructions on how to buy on Fidelity and Schwab.

  3. Where can I buy CCA Funds?

    CCA Funds can be purchased in three ways.

    1. You can purchase them through one of the custodians we have partnered with.
    2. You may purchase them directly through our fund administrator (click here for details).
    3. You can have us set up your company’s defined benefit/defined contribution plans or put our funds on your existing platform.
  4. What type of accounts can hold the funds?

    CCA Funds can be purchased in any account, but the paired-funds strategy is specifically designed to optimize retirement accounts.

  5. What is the minimum to invest?

    The minimum initial investment for the Institutional Class shares of CCA Core Return Fund (Symbol: CORIX) and CCA Aggressive Return Fund (Symbol: RSKIX) is $100,000

    The minimum initial investment for the Investor Class shares of CCA Core Return Fund (Symbol: CORAX) and CCA Aggressive Return Fund (Symbol: RSKAX) is $2,500

    Please see our prospectus for more information

  6. How much should I invest in CCA Funds?

    CCA Funds were created to completely manage your retirement assets. However, we understand that you may have financial assets held outside of your retirement accounts.  Like all financial investments, please consider the risks before investing.

  7. How quickly can I get my money out?

    CCA Funds are traded just like any other open-ended mutual fund. The Funds offer daily liquidity and T+1 settlement.

  8. How do I know when to rebalance?

    Once you determine your allocation you don’t need to rebalance the funds to maintain your risk / return target. CCA Funds are designed to be complementary and are managed to maintain global diversification and risk/return exposure across the two funds. You only need to change your fund allocations when your financial profile and risk tolerance changes.

  9. Do you offer advisory services?

    CCA Funds is purely a mutual fund company, but we do offer advisory services through our affiliated registered investment advisor. Please visit their website for more information: www.checchicapital.com. Note: Checchi Capital Advisers, LLC is an independent investment advisory firm; you can view important disclosures on their website.

  10. What are your results?

    Please find our latest quarterly fact sheet for the CCA Core Return Fund here

    Please find our latest quarterly fact sheet for the CCA Aggressive Return Fund here

    The most recent month–end performance information may be obtained by calling our fund administrator at 1‐800‐595‐4866

  11. Why can’t I just do this with index funds and ETFs (Exchange Traded Funds)?

    Index funds and ETFs are great investment vehicles that share our values for delivering the right answer to the consumer.  However, there are hundreds of index funds and ETFs out there.  They give you tools, not answers (this is why they can be so inexpensive).  Risk/Return is a dynamic process: today’s highest risk/return securities may not be the same next year. When you buy a static index you assume the burden of constantly rebalancing your portfolio.

    We believe in leveraging the power of indexing intelligently. Our solution uses an index methodology – we don’t pick winners and losers. More importantly, we provide you the answer as to how to divide the entire world’s stocks and bonds by risk/return. You don’t have to decide whether you need more emerging markets, small cap value, or treasuries. We manage this dynamically between the two funds. You just need to pick your risk/return target.

  12. Why is this better diversification?

    There is a big difference between investing in the world and owning the world. There are countless “globally diversified” mutual funds available. However, this often means that the funds will hold a few strategic foreign stock positions or focus on concentrated bets. CCA Funds offer real diversification through direct exposure to every market accessible from the United States.  There are over 30,000 securities around the world; distinguishing each security Risk/Return is not easy. There are many factors, from capitalization size to leverage to profitability to momentum that describes the risk attributes of a given stock or bond.  Our system uses massive data and computing power to evaluate over 85 risk factors per security and then reevaluates the factors continuously.

  13. What are the risks?

    Past performance does not guarantee future results.  As with any mutual fund investment, there are certain risks with investing in CCA Funds.  Please see the prospectus for further details on risk.

    Principal Investment Risks: As with all mutual funds, there is the risk that you could lose money through your investment in the Fund.  The Fund is not intended to be a complete investment program.  Many factors affect the Fund’s net asset value and performance.  The Fund is subject to the risks associated with the global stock and bond markets, any of which could cause an investment to lose money.

    Management Risk:  The sub-adviser’s dependence on its proprietary algorithm methodology and judgments about the attractiveness, value and potential appreciation of particular sectors, asset classes and securities in which the Fund invests may prove to be incorrect and may not produce the desired results.  The Fund is also subject to sampling risk, which is the chance that the securities selected for the Fund will not provide investment performance matching that of the Fund’s target of 90% of the investable world securities.

    Foreign Investment Risk: Foreign investments, including ADRs, may be riskier than U.S. investments for many reasons, such as changes in currency exchange rates and unstable political, social and economic conditions.

    Emerging Market Risk:  Emerging markets are riskier than more developed markets because they tend to develop unevenly and may never fully develop.

    Issuer Risk: The value of a security may decline for a number of reasons which directly relate to the issuer, such as management performance, financial leverage and reduced demand for the issuer’s goods or services, as well as the historical and prospective earnings of the issuer and the value of its assets.

    Limited History of Operations Risk: The Fund is a new mutual fund and has a limited history of operations. The adviser is also new with a limited history of operations and the adviser has not previously managed a mutual fund.  While the sub-adviser has been acting as an investment adviser for more than four years, it has not previously managed a mutual fund.

    Smaller Company Risk: Investments in securities issued by smaller capitalization companies (including micro-cap, small-cap and mid-cap) involve greater risk than investments in large-capitalization companies.

    Fixed Income Risk: The Fund is also subject to bond risks, including interest rate risk, which is the chance that bond prices overall will decline because of rising interest rates; income risk, which is the chance that the Fund’s income will decline because of falling interest rates; credit risk, which is the chance that a bond issuer will fail to pay interest and principal in a timely manner, or that negative perceptions of the issuer’s ability to make such payments will cause the price of that bond to decline; and call risk, which is the chance that during periods of falling interest rates, issuers of callable bonds may call (redeem) securities with higher coupons or interest rates before their maturity dates.

    High Yield (Junk) Bond Risk: Lower-quality fixed income securities, known as “high yield” or “junk” bonds, present greater risk than bonds of higher quality, including an increased risk of default.

    Defaulted Securities Risk: Repayment of defaulted securities and obligations of distressed issuers (including insolvent issuers or issuers in payment or covenant default, in workout or restructuring or in bankruptcy or insolvency proceedings) is subject to significant uncertainties.

    Market Risk:  The value of a security may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally.

    ETF Risk: Investments in ETFs involve duplication of investment advisory fees and certain other expenses. Investments in ETFs are also subject to brokerage and other trading costs, which could result in greater expenses to the Fund.

    Liquidity Risk: The markets for certain lightly traded equity securities are often not as liquid as markets for larger capitalization equity securities.

    Leverage Risk: Borrowing magnifies the potential for losses and exposes the Fund to interest expenses on money borrowed.