CCIIX — Cornerstone Capital Access Impact Fund

CCIIX Fund Overview

CCIIX — Cornerstone Capital Access Impact Fund is a US mutual fund managed by Capitol Series Trust, categorised as Emerging Markets Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Capitol Series Trust
• Category: Emerging Markets Growth Equity
• Assets under management: $7.65M
• Ticker: CCIIX
• SEC CIK: 0001587551
• SEC series ID: S000066610
• Share class ID: C000214797

CCIIX Investment Objective and Strategy

Cornerstone Capital Access Impact Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Capitol Series Trust.

Investment objective

The Cornerstone Capital Access Impact Funds (the Fund) investment objective is to seek long-term capital appreciation.

Principal investment strategy

The Fund seeks to achieve its investment objective by dedicating sleeves/portions of its portfolio to one or more equity-focused themes (the Thematic Guidelines). Cornerstone Capital Inc. (the Adviser or Cornerstone) sets these Thematic Guidelines using a holistic approach incorporating various environmental, social, and governance (ESG) factors such as carbon footprints, board diversity, and sustainable supply chains, among others. The Thematic Guidelines may change from time to time depending on social and market conditions, and may include, but are not limited to: Circular Economy Climate & Clean Energy Data Driven Solutions Health, Wellness, and Education Innovation & Economic Opportunity Reduction of Inequality & Social Justice The Adviser will allocate the Funds assets among multiple investment managers (the Sub-Advisers) who are unaffiliated with the Adviser, and which will each be responsible for managing a portion of the Funds portfolio by investing in securities that the Sub-Adviser believes align with its assigned Thematic Guideline(s).

Cornerstone will determine the percentage of the Funds portfolio allocated to each such sub-advised portion of the portfolio. A description of Cornerstones process for selecting Sub-Advisers and assigning portion allocations is found later in this prospectus, under the section titled, Additional Information Regarding Principal Investment Strategies. Cornerstone may change those allocations from time to time in its sole discretion and without prior notice to shareholders. In the future, Cornerstone may also determine to allocate the Funds assets to Sub-Advisers employing additional and varied strategies that are consistent with the Funds principal investment strategies as described here. In aggregate across the portions of its portfolio, the Fund will primarily consist of a diversified portfolio of equity securities of both U.S.

and foreign companies. The portfolio as a whole will not be restricted by market capitalization nor geographic region, and at any given time may hold stocks from both domestic and foreign companies, including those from emerging markets. Certain of the Funds Sub-Advisers, or the Adviser directly during certain market conditions or when the Adviser believes that the Funds assets are insufficient to allocate to the Sub-Advisers, may also invest in Exchange Traded Funds (ETFs) whose investment characteristics are consistent with that Sub-Advisers assigned Thematic Guideline(s), or may engage in various styles of investment activity such as both growth investing and value investing. From time to time, such as when assets are reallocated from one Sub-Advisers portion to another, Cornerstone may, for short or longer-term periods, select a transition manager to transition a portion of the Funds assets across its various portions.

CCIIX Costs and Fees

CCIIX costs about $135 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.35%
• Gross expense ratio: 2.47%
• Brokerage commissions: 5.49 bps of average net assets (SEC N-CEN)

CCIIX Cashflows

Over the 12 months to 2020-11, Cornerstone Capital Access Impact Fund had net inflows of $2.22M, from monthly SEC N-PORT filings.

CCIIX Debt Constituents

No individual debt constituents are reported in Cornerstone Capital Access Impact Fund's latest SEC N-PORT filing.

CCIIX Prospectus and SEC Filings

Official Cornerstone Capital Access Impact Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2019-10-30
• Portfolio holdings (N-PORT) — filed 2021-01-29
• Portfolio holdings (N-PORT) — filed 2020-10-28
• Portfolio holdings (N-PORT) — filed 2020-07-28
• Annual census (N-CEN) — filed 2020-11-16

Related Funds

Other Emerging Markets Growth Equity funds tracked on ABC INVEST:

• Motley Fool Global Opportunities Fund (FOOLX)
• AMG Managers Special Equity Fund (MGSEX)
• CLS Global Aggressive Equity Fund (CLACX)
• Cavalier Growth Opportunities Fund (CATEX)
• The Tocqueville Opportunity Fund (TOPPX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.