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Form 497 City National Rochdale

October 3, 2022 5:27 PM EDT

 

CITY NATIONAL ROCHDALE FUNDS

 

CITY NATIONAL ROCHDALE SELECT STRATEGIES FUND

 

Supplement dated October 3, 2022, to the Statement of Additional Information (the “SAI”) dated May 31, 2022

 

Effective immediately, the Officers table in the “Trustees and Officers” section of the SAI beginning on page 32 is deleted in its entirety and replaced with the following:

 

Name and

Year of Birth

Position with the Trust

Term of

Office(1)

and Length

of Time

Served

Principal Occupation for the Past Five Years

Garrett R. D’Alessandro

Year of Birth: 1957

President and Chief Executive Officer 2016-2021 and 2022-present Chief Executive Officer, City National Rochdale (1986–present); Chief Investment Officer, City National Rochdale (2016-2018); President and Chief Executive Officer, City National Rochdale Funds (2013-2021 and 2022-present), City National Rochdale Select Strategies Fund (the “Select Strategies Fund”) (2016-2021 and 2022-present), and City National Rochdale Strategic Credit Fund (the “Strategic Credit Fund”) (2018-2022 and 2022-present).

Andrew Metzger

SEI Investments

One Freedom Valley Drive

Oaks, Pennsylvania 19456
Year of Birth: 1980

Treasurer (Principal Financial and Accounting Officer and Controller) Since 2021 Director of Fund Accounting, SEI Investments Company (2020-present). Senior Director, Embark Consulting, LLC (2019-2020). Senior Manager, PricewaterhouseCoopers LLP (2002-2019). Treasurer (Principal Financial and Accounting Officer and Controller), City National Rochdale Funds, Select Strategies Fund and Strategic Credit Fund (April 2021-present).
Rochelle Levy
Year of Birth: 1985
Chief Compliance Officer (“CCO”), Anti-Money Laundering Officer (“AML Officer”) and Identity Theft Program Officer (“ITP Officer”) Since 2022 Senior Vice President and Wealth Management Chief Compliance Officer, City National Bank (2022-present); CCO, AML Officer and ITP Officer, City National Rochdale Funds, Select Strategies Fund and Strategic Credit Fund (September 2022-present); CCO and AML Officer, BNY Mellon Private Funds (2019-2022); CCO, BNY Mellon Commingled Funds (2019-2021); Investment Management, Head of Distribution Compliance BNY Mellon, N.A. (2019-2022); Vice President, JPMorgan Chase & Co. (2014-2019).
Mitchell Cepler
Year of Birth: 1982
Vice President and Assistant Treasurer Since 2016 Group Finance Manager, City National Rochdale (2011–present); Vice President and Assistant Treasurer, City National Rochdale Funds (2015-present), Select Strategies Fund (2016-present), and Strategic Credit Fund (2018-present).

 

 

 

Anthony Sozio
Year of Birth: 1971
Vice President
and Secretary
Since 2016 Assistant Vice President of Registered Fund Operations, City National Rochdale (1998-present); Vice President, City National Rochdale Funds (2013-present), Select Strategies Fund (2016-present), and
Strategic Credit Fund (2018-present); Secretary, City National Rochdale Funds (2019-present), Select Strategies Fund (2020-present), and Strategic Credit Fund (2020-present); Assistant Secretary, City National Rochdale Funds (2013-2019), Select Strategies Fund (2016-2020), and Strategic Credit Fund (2018-2020).
Matthew M. Maher
SEI Investments
One Freedom Valley Drive
Oaks, Pennsylvania 19456
Year of Birth: 1975
Assistant Secretary Since 2019 Counsel, SEI Investments Company (2018-present); Assistant Secretary, City National Rochdale Funds, Select Strategies Fund, and Strategic Credit Fund (2019-present); Attorney, Blank Rome LLP (2015-2018); Assistant Counsel and Vice President, Bank of New York Mellon (2013-2014); Attorney, Dilworth Paxson LLP (2006-2013).

 

(1)Each officer serves until removed by the Board or the principal executive officer of the Trust, or until such officer resigns.

 

*****

 

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE

REFERENCE.

 

CNR-SK- 066-0100

 

 



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