you are currently viewing:Akre Capital Proposes Conversion of Akre Focus Fund to an ETF: One of the Industry's Largest Single Mutual Fund-to-ETF ConversionsJune 5, 2025--Akre Capital Management, LLC ("Akre Capital"), a boutique asset manager with a 35-year history of managing concentrated, active equity portfolios, is pleased to announce the proposed conversion of the Akre Focus Fund (the "Fund") to a transparent, actively-managed exchange-traded fund (ETF), the Akre Focus ETF (Ticker: AKRE). The Board of Trustees of Professionally Managed Portfolios approved the proposed conversion at its meeting held on May 21, 2025. If approved by Fund shareholders, the conversion is scheduled to occur (subject to customary closing conditions) in the fall of 2025. Source: Akre Capital Management |
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