Adaptive Investments has received SEC approval to move forward with one of the first conversions of an open ended mutual fund, to an exchange traded fund (ETF).
The Adaptive Growth Opportunities Fund, CATEX, will exchange to the ETF structure after close of business on 7 May. The Fund will trade under the new ticker, AGOX, beginning 10 May.
The Fund possesses Morningstar’s 5-Star ranking over three years, five years and overall.
