Akre Capital Proposes Conversion of Akre Focus Fund to an ETF

The proposed conversion is expected to result in enhanced tax efficiency, increased transparency, and expense reduction for most shareholders.

If approved by Fund shareholders, the conversion is scheduled to occur (subject to customary closing conditions) in the fall of 2025, and you may find additional details regarding the proposed conversion in the supplement to the Fund’s Prospectus.

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An Investment Strategy Designed to Endure

Akre Capital Management invests in a small number of what we believe to be extraordinary businesses that are run by talented and honest managers who wisely reinvest free cash flow.

We call this intuitive, enduring approach our “three-legged stool.”
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