Zevenbergen Capital has made the strategic decision to transition the Zevenbergen Growth and Zevenbergen Genea mutual funds into exchange-traded funds (ETFs), which are funds that trade on an exchange like a stock. This change is designed to give shareholders access to an investment structure that will offer greater operational and tax efficiency, while preserving key aspects of your investment: our strategy, our investment discipline, and the Zevenbergen portfolio management team. As part of the conversion, advisory oversight will shift to an affiliate of our minority partner, Virtus Investment Advisers, LLC, and Zevenbergen will continue as sub-adviser, managing the portfolios day-to-day. Importantly, the same experienced investment team will remain fully responsible for your investment strategy.
As we move toward the shareholder vote required for this conversion, we will share more detailed information and resources. The reorganization is expected to be tax-free for shareholders, and your investment will continue to be managed by the same experienced team you know today. We remain committed to delivering our high-conviction growth investing approach. If you have additional questions, please contact our team at (206) 682-8496 or [email protected].
The Zevenbergen Funds investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectus contains this and other important information about the investment company, and may be obtained by calling 1.844.986.2746, or by visiting www.zci.com/funds. Please read the prospectus carefully before investing.
