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CF Arch cru Funds shareholder letter dated 16 August 2017

Shareholder letter dated 16 August 2017 - CF Arch Cru Specialist Portfolio, CF Arch cru Investment Portfolio (sub-funds of the CF Arch cru Investment Funds) and CF Arch cru Balanced Fund, CF Arch cru Finance Fund, CF Arch cru Global Growth Fund, or CF Arch cru Income Fund (sub-funds of the CF Arch cru Diversified Funds) together the "Arch Funds".

The purpose of this letter is to provide investors with an update to our letter of 24 August 2016, in respect of the orderly realisation process and the outlook for the coming period.