THE CRM FUNDS
SMALL CAP VALUE FUND
MID CAP VALUE FUND
LARGE CAP VALUE FUND
VALUE FUND
Supplement dated August 25, 1999 to
Prospectuses dated March 1, 1999
This Supplement supersedes the Supplements dated July 1, 1999 to
the Institutional Class and Investor Class Prospectuses of The
CRM Funds dated March 1, 1999 and should be read in conjunction
with the Prospectuses.
1. Institutional Shares of Large Cap Value Fund and Investor
Shares of Mid Cap Value Fund are currently not offered for
sale.
2. The Value Fund ceased operations on June 30, 1999.
3. The fiscal year end of the Funds has changed from September 30
to June 30.
4. The first three sentences and the last paragraph in the
section entitled "Other Service Providers" are deleted. The
first three sentences are replaced with the following:
"PFPC Inc. is the administrator, fund accounting and
transfer agent of the Funds. Provident Distributors, Inc.,
a registered broker-dealer and member of the National
Association of Securities Dealers, Inc., is the distributor
(principal underwriter) for the Funds' shares."
5. On page 16 of each Prospectus, the section entitled "How to
Contact the Funds" is deleted and replaced with the
following:
HOW TO CONTACT THE FUNDS
Write to us at:
The CRM Funds
c/o PFPC Inc.
P.O. Box 8742
Wilmington, DE 19899
Or, for overnight deliveries:
The CRM Funds
c/o PFPC Inc.
400 Bellevue Parkway
Wilmington, DE 19809
Telephone us at:
(800) CRM-2883 (Toll Free)
(302) 791-3530 (International Points)
Wire Investments
(or ACH payments) to us at:
PNC Bank
Philadelphia, Pennsylvania
ABA #031000053
DDA #86-1282-2896
For Credit to:
The CRM Funds
(Your Name goes on this line)
(Name of the Fund goes on this line)
(Your Account Number goes on this line)
