Catholic Responsible Investments Magnus 60/40 Beta Plus Investor Shares CMMVX

The investment seeks to achieve current income and long-term capital appreciation. The fund is a “fund of funds,” meaning that it invests in other Catholic Responsible Investments Funds mutual funds (the “underlying funds”) that represent a variety of asset classes and investment styles. The fund’s asset allocation strategy emphasizes investments in equity securities (and certain other instruments) in an amount equal to 60% of its assets and exposure to fixed-income securities in an amount equal to 40% of its assets, with a bias towards “passive” management in the equity portion of the portfolio.