SUMMARYPROSPECTUS MAY1,2021 - CGM Funds
The Fund's investment adviser is Capital Growth Management Limited Partnership.Ken Heebner is the portfolio manager and has managed CGM Focus Fund since its inception in 1997. PURCHASEANDSALE OFFUND SHARES The minimum initial investment is $2,500 for regular accounts and $1,000 for retirement plans and UGMA/UTMA accounts.