Rule 482 ad
Rule 497(e)
File Nos. 2-10653 and 811-82
[Black and white print advertisement.]
America's #1 Real Estate Fund [Headline in largest white type against black
background.] For Five-Year Performance.* [Subhead in second largest white type
against black background.]
[Black background with black and white photo of fencer with both arms raised.
White box to the left of the fencer prints over background and contains the
following text in black type:]
The top performing real estate fund over a five year period, CGM Realty Fund is
up more than 77% since October 1, 1994. CGM Realty Fund offers you the
expertise of fund manager Ken Heebner and the potential for high current income
and long-term capital appreciation. Call now for more information and a
prospectus.
[Bar chart with two bars appears next; text over bars reads:]
TOTAL RETURN 10/1/94-9/30/99
[The bar on the left is a light gray bar with the figure 52.0% in black type
inside the bar. Beneath the bar is the label:]
Lipper Real Estate Fund Average
[The bar on the right is black and the figure 77.4% drops out to white inside
the bar. Beneath the bar is the label:]
CGM Realty Fund
[Beneath the chart , a line drawing of a fencer in a box with a black and white
striped background appears below and to the left (logo). To the right of the
logo is the following text:]
CGM REALTY FUND
The CGM Funds
222 Berkeley Street,
Suite 1013
Boston, MA 02116
www.CGMFunds.com
[A phone number appears next and prints in a larger size than does the ad body
copy.]
1-800-598-0743
[Beneath the white box, in white type against a black background:]
Managed by Ken Heebner
[Beneath the floor on which the fencer stands in black type against a pale gray
background (slightly smaller type size than ad body copy) is the following
disclosure (please note that numbers in disclosure text are the same size as
total return numbers in the white box):]
<PAGE>
*Lipper Analytical Services, Inc., an independent mutual fund ranking agency,
ranks CGM Realty Fund #1 of 18 real estate funds for five-year performance and
#21 out of 129 real estate funds for one-year performance for the periods ended
9/30/99.
0%, 12.1% and 11.0% are the average annual total returns for the one and
five-year periods ended 9/30/99 and from inception on 5/13/94 through 9/30/99.
The Fund's adviser absorbed a portion of management fees and expenses from
inception through 12/31/97. Otherwise the total return would be lower. This
information represents past performance, which is no guarantee of future
results. The investment return and principal value of your shares will
fluctuate and you may have a gain or loss when you sell shares. For more
complete information, including management fees and expenses, refer to the
current prospectus which is available from the address above. Read it carefully
before you invest or send money.
[Entire ad is surrounded by a decorative border containing the following words
used as a repetitive pattern:] NO LOAD Copyright 1999 CGM
<PAGE>
Rule 482 ad
Rule 497(e)
File Nos. 2-10653 and 811-82
[Black and white print advertisement.]
[Upper 25% of the ad is a photograph of the Manhattan skyline. Below in black
type on white background is the headline:] IF YOU'RE LOOKING FOR PERFORMANCE,
CONSIDER A FUND BUILT ON SOLID FOUNDATIONS.
[Below the headline on the left-hand side of the ad printing in smaller black
type is the following text:]
Real estate has always offered solid investment potential. And can be a
welcome addition to a diversified portfolio. For the five-year period ended
9/30/99, CGM Realty Fund returned more than 77% to become the number one real
estate fund for five-year performance.* While no one can predict future
performance, maybe you should consider investing now.
Managed by Ken Heebner, CGM Realty Fund offers the potential for high
current income and long-term capital appreciation along with the long-term
advantages of real estate. It very well may become the cornerstone of your
portfolio. Call now for more information and a prospectus.
[A line drawing of a fencer in a box with a black and white striped background
appears to the right (logo). To the right of the logo is the following text:]
CGM REALTY FUND
The CGM Funds
222 Berkeley Street, Suite 1013
Boston, MA 02116
www.CGMFunds.com
[A phone number appears next and prints in a larger size than does the ad body
copy.]
1-800-598-0758
[Beneath the phone number in all capital letters:]
MANAGED BY KEN HEEBNER
[Beneath the body of the ad running the full width is
the following text in black type against a white background (slightly smaller
type size than ad body copy):]
[The numbers that appear in the following copy are larger than the surrounding
text and are the same size as numbers that appear in the text.]
*0%, 12.1% and 11.0% are the average annual total returns
for CGM Realty Fund for the 1- and 5-year periods ended 9/30/99 and from
<PAGE>
inception on 5/13/94 through 9/30/99. The Fund's adviser absorbed a portion of
management fees and expenses from inception through 12/31/97. Otherwise the
total return would be lower. Lipper Analytical Services, Inc., an independent
mutual fund ranking agency, ranks CGM Realty Fund #1 of 18 real estate funds
for five-year performance and #21 of 129 real estate funds for one-year
performance for the periods ended 9/30/99. This information represents past
performance which is no guarantee of future results. The investment return and
principal value of your shares will fluctuate and you may have a gain or loss
when you sell shares. For more complete information, including management fees
and expenses, refer to the current prospectus which is available from the
address above. Read it carefully before you invest or send money. [Entire ad is
surrounded by a decorative border containing the following words used as a
repetitive pattern:] NO-LOAD Copyright 1999 CGM
<PAGE>
Rule 482 ad
Rule 497(e)
File Nos. 2-10653 and 811-82
[Black and white print advertisement.]
[Primary focus of the ad is a photograph of a front-end loader dumping dirt on
top of a pile of soil and rocks. Above the photo on the left hand side of the
ad, the following headline prints in black against a white background:]
CONSIDERING THE UNPREDICTABILITY OF THE MARKET, WE SUGGEST PUTTING YOUR MONEY
IN THE GROUND.
[To the right of the headline and running down the right side of the photo in
smaller black type is the following text:]
In today's unpredictable marketplace, the performance of REITs may
provide a strategic advantage. In fact, REITs can be a welcome addition to a
diversified portfolio.
CGM Realty Fund invests in REITs and, for the five-year period ended
9/30/99, returned more than 77% to become the number one real estate fund for
five-year performance.* While no one can predict future performance, maybe you
should consider investing now.
Managed by Ken Heebner, CGM Realty Fund offers the potential for high
current income and long-term capital appreciation along with the long-term
advantages of real estate. Call now for more information and a prospectus.
[A line drawing of a fencer in a box with a black and white striped background
(logo) appears below the text to the right of the photo. To the right of the
logo is the following text:]
CGM REALTY FUND
The CGM Funds
222 Berkeley Street, Suite 1013
Boston, MA 02116
www.CGMFunds.com
[A phone number appears next and prints in a larger size than does the ad body
copy.]
1-800-598-0762
[Beneath the phone number in bold copy:]
MANAGED BY KEN HEEBNER
[Beneath the body of the ad is the following text in black type against a white
background (slightly smaller type size than ad body copy):]
[The numbers that appear in the following copy are larger than the surrounding
text and are the same size as numbers that appear in the text.]
<PAGE>
*0%, 12.1% and 11.0% are the average annual total returns for CGM Realty Fund
for the 1- and 5-year periods ended 9/30/99 and from inception on 5/13/94
through 9/30/99. The Fund's adviser absorbed a portion of management fees and
expenses from inception through 12/31/97. Otherwise the total return would be
lower. Lipper Analytical Services, Inc., an independent mutual fund ranking
agency, ranks CGM Realty Fund #1 of 18 real estate funds for five-year
performance and #21 of 129 real estate funds for one-year performance for the
periods ended 9/30/99. This information represents past performance which is no
guarantee of future results. The investment return and principal value of your
shares will fluctuate and you may have a gain or loss when you sell shares. For
more complete information, including management fees and expenses, refer to the
current prospectus which is available from the address above. Read it carefully
before you invest or send money. [Entire ad is surrounded by a decorative
border containing the following words used as a repetitive pattern:] NO-LOAD
Copyright 1999 CGM
<PAGE>
Rule 482 ad
Rule 497(e)
File Nos. 2-10653 and 811-82
[Black and white print advertisement.]
[Left hand side of upper 90% of ad is taken up with an aerial photograph of
Manhattan office buildings (top of Empire State Building at center); headline
prints in two lines across entire top of ad dropping out to white type over
photo and printing black over white space.] IF YOU'RE LOOKING FOR PERFORMANCE,
CONSIDER A FUND BUILT ON SOLID FOUNDATIONS.
[Upper right hand side of ad is white with black text reading:]
Historically, the high ground has always proven advantageous. And in
today's unpredictable marketplace, the high ground may be attained through the
performance and advantages of REITs. In fact, REITS can be a welcome addition
to a diversified portfolio.
CGM Realty Fund invests in REITs and, for the five-year period ended
9/30/99, returned more than 77% to become the number one real estate fund for
five-year performance.* While no one can predict future performance, maybe you
should consider investing now.
Managed by Ken Heebner, CGM Realty Fund offers the potential for high
current income and long-term capital appreciation along with the long-term
advantages of real estate. Call now for more information and a prospectus.
[A line drawing of a fencer in a box with a black and white striped background
(logo) appears below. To the right of the logo is the following text:]
CGM REALTY FUND
The CGM Funds
222 Berkeley Street, Suite 1013
Boston, MA 02116
www.CGMFunds.com
[A phone number appears next and prints in a larger size than does the ad body
copy.]
1-800-598-0747 [Beneath the phone number in all capital letters:]
MANAGED BY KEN HEEBNER
[Beneath the body of the ad running the full width is the following text in
black type against a white background (slightly smaller type size than ad body
copy):]
[The numbers that appear in the following copy are larger than the surrounding
text and are the same size as numbers that appear in the text.]
<PAGE>
*0%, 12.1% and 11.0% are the average annual total returns for CGM Realty Fund
for the 1- and 5-year periods ended 9/30/99 and from inception on 5/13/94
through 9/30/99. The Fund's adviser absorbed a portion of management fees and
expenses from inception through 12/31/97. Otherwise the total return would be
lower. Lipper Analytical Services, Inc., an independent mutual fund ranking
agency, ranks CGM Realty Fund #1 of 18 real estate funds for five-year
performance and #21 of 129 real estate funds for one-year performance for the
periods ended 9/30/99. This information represents past performance which is no
guarantee of future results. The investment return and principal value of your
shares will fluctuate and you may have a gain or loss when you sell shares. For
more complete information, including management fees and expenses, refer to the
current prospectus which is available from the address above. Read it carefully
before you invest or send money. [Entire ad is surrounded by a decorative
border containing the following words used as a repetitive pattern:] NO-LOAD
Copyright 1999 CGM
