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CCM Advisors Announces New Sub-Advisors for AHA Diversified Equity Fund.


AMBS AMBS American Board of Medical Specialties
AMBS Advanced Marine Biological System
AMBS Access Management Basic Services
 and SKBA Join Freeman Associates as Sub-Advisors of the American Hospital Association-Sponsored Fund, a Series of the CNI (1) (Certified NetWare Instructor) See Novell certification.

(2) (Coalition for Networked Information, Washington, DC, www.cni.org) A partnership of the Association of Research Libraries, CAUSE and EDUCOM, founded in 1990.
 Charter Funds

CHICAGO -- CCM CCM Contemporary Christian Music
CCM Critical Care Medicine
CCM County College of Morris (New Jersey)
CCM Chama Cha Mapinduzi (political party, Tanzania)
CCM CORBA Component Model
 Advisors, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 announced today that AMBS Investment Counsel, LLC and SKBA Capital Management, LLC have been named sub-advisors to the American Hospital Association-sponsored AHA Diversified Equity Mutual Fund, a series of the CNI Charter Funds.

AMBS will provide portfolio management expertise for the fund via its Traditional Large Cap Value Equity strategy. SKBA will use its Value Opportunity strategy.

The AHA Diversified Equity Fund is a multi-manager fund that combines a conservative "core" manager with a concentrated "alpha" manager in an effort to obtain higher returns with overall lower risk.

"We conducted a national search to identify an alpha manager and through our analysis found that combining these two alpha manager styles with a core manager should increase the rate at which the combined portfolios outperform the benchmark at a favorable risk level," said Tim Solberg, chief investment officer of CCM Advisors. "We believe that AMBS and SKBA will provide the right portfolio characteristics in combination with the existing core sub-advisor, Freeman Associates Investment Management LLC, to help achieve the objectives of the fund."

About CCM Advisors, LLC

CCM Advisors, LLC (CCMA CCMA Commission for Conciliation, Mediation and Arbitration (South Africa)
CCMA Canadian Country Music Association
CCMA Customer Contact Management Association
CCMA Christian Country Music Association
) provides the AHA Investment Funds Noun 1. investment funds - money that is invested with an expectation of profit
investment

assets - anything of material value or usefulness that is owned by a person or company
 (a series of the CNI Charter Funds) with investment management services. CCMA's address is 190 South LaSalle, Suite 2800, Chicago, Illinois 60603.

CCMA is majority owned by Convergent Capital Management LLC (CCM), which in turn is majority owned by City National Corporation. CCM is a holding company that owns and maintains ownership interests (including majority ownership interests) in asset management firms This is a list of corporations that provide financial asset management.
  • Abernathy Group
  • ABN AMRO Asset Management
  • Acadian Asset Management
  • AllianceBernstein
  • Ameriprise Financial, Inc.
. CCM does not provide investment advisory or related services to its affiliates, each of which operates independently of CCM, or to any clients of its affiliates.

CCMA is responsible for the evaluation, selection and monitoring of each AHA Investment Fund's sub-advisor(s). CCMA selects sub-advisors based on a variety of factors, including investment style, performance record and the characteristic of each sub-advisor's typical investments. The assets of each multi-manager Fund are divided into segments and CCMA is responsible for allocating the assets among the sub-advisors in accordance with their specific investment styles.

About AMBS Investment Counsel, LLC

AMBS Investment Counsel, LLC (AMBS) serves as sub-advisor to a portion of the AHA Diversified Equity Fund. AMBS' principal offices are located at 1241 East Beltline, NE, Suite 150, Grand Rapids, Michigan “Grand Rapids” redirects here. For other uses, see Grand Rapids (disambiguation).
Grand Rapids is a city in the U.S. state of Michigan. As of the 2000 census, the city population was 197,800.
 49525. AMBS is majority owned by Convergent Capital Management LLC, which is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of City National Corporation. AMBS has been providing investment services to clients since 1982.

All AMBS client accounts are managed by an investment team led by President, Chief Executive Officer and Managing Director Barbara DeMoor. The other members of the investment team are Chief Investment Officer Wayne Titche, Portfolio Managers Allan Meyers and John Koczara, and Director of Business Development Scott Wagasky.

About SKBA Capital Management, LLC

SKBA Capital Management, LLC (SKBA) serves as sub-advisor to a portion of the AHA Diversified Equity Fund. In addition, SKBA also serves as sub-advisor to the AHA Socially Responsible Equity Fund. SKBA is located at 44 Montgomery Street, San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation).

The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] 
 94104, and is indirectly majority owned by CCM. SKBA has been providing investment advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 to a variety of public and corporate pension plans, foundations, endowments and high-net-worth clients since 1989.

All SKBA client accounts are managed by an investment strategy team led by Principal and Chief Investment Officer Andrew W. Bischel. The members of the strategy team are Mr. Bischel, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Kenneth J. Kaplan, Director of Equity Research Josh J. Rothe, Senior Portfolio Manager/Securities Analyst Matthew D. Zuck and Director of Trading Shelly H. Mann. Each of these individuals has been with SKBA for at least the last eight years.

About Freeman Associates Investment Management LLC

Freeman Associates Investment Management LLC (Freeman) will continue to serve as sub-advisor to the core S&P 500 portion of the AHA Diversified Equity Fund. Freeman is located at 12255 El Camino Real El Camino Real (Spanish for The Royal Road or The King's Highway) was the name of a series of pre-automobile highways linking the various New World colonies of Spain:
  • There is an El Camino Real in California; see: El Camino Real (California).
, Suite #200, San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation).
San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951.
 92130, and is a private, employee-owned, company that is controlled by John D. Freeman John D. Freeman (unknown - January 17, 1886) was a U.S. Representative from Mississippi.

Born in Cooperstown, New York, Freeman attended the common schools. He moved to Mississippi and located in Grand Gulf. He studied law. He was admitted to the bar and practiced.
. Formerly known as the Investment Research Company, the firm was organized in 1985 and provides investment management services to institutions, retirement plans and non-profit organizations.

All of Freeman's strategies are team-managed. The members of the investment team who contribute to the day-to-day management of the AHA Diversified Equity Fund are Chairman and CEO John D. Freeman, President and Director of Risk Management Michael Bishopp, Head of Core Research Michael Gray and Portfolio Manager Thomas Anichini. The principal portfolio managers for the portion of the AHA Diversified Equity Fund managed by Freeman are Mr. Freeman and Mr. Anichini. Mr. Freeman's title changed from president to chairman and CEO in 2004. Mr. Bishopp joined the firm in his current position in 2004. Messrs. Anichini and Gray joined the firm in their current positions in 2005.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Fund's prospectus which may be obtained by calling 1-800-445-1341. Please read the prospectus carefully before investing.

Mutual Funds involve risk, including possible loss of principal. CNI Charter Funds are distributed by SEI Investments Distribution Co., Oaks, PA 19456, which is not affiliated with City National Asset Management, Inc. or CCM Advisors, LLC, and is not a bank.

Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000.  or any other government agency.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 8, 2006
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