You will see a number of enhancements and changes as you explore the new site. Navigation has been simplified so that you can easily find the information you need, along with news and updates on our investment strategies. We’ve also freshened the appearance of the Aquila Group of Funds brand, implementing the new look across the web site and all documents available on the site. Be sure to see A Careful Approach for Today’s Markets which describes our overall investment philosophy, and the Aquila Group of Funds Guiding Principles.
Following shareholder approval, five of the seven municipal bond funds offered by Aquila Group of Funds are now organized as a series of Aquila Municipal Trust. The Aquila brand name is now included in the name of each fund in the series. The funds within Aquila Municipal Trust are now known as:
- Aquila Tax-Free Trust of Arizona
- Aquila Tax-Free Fund of Colorado
- Aquila Churchill Tax-Free Fund of Kentucky
- Aquila Narragansett Tax-Free Income Fund
- Aquila Tax-Free Fund For Utah
Aquila Tax-Free Trust of Oregon (previously Tax-Free Trust of Oregon) now also carries the Aquila brand name, although it is not a series of Aquila Municipal Trust. And, Hawaiian Tax-Free Trust, the largest and oldest municipal bond fund in the Aquila Group of Funds, continues to operate under its same name and structure.
Aquila Three Peaks Opportunity Growth Fund and Aquila Three Peaks High Income Fund are now series of Aquila Funds Trust.
Although the organization and names of some funds have changed, the investment strategies and the portfolio management teams remain unchanged. With Aquila included in the fund names, they can now be more readily identified in the wide array of mutual fund information and research services used by investors and their financial advisers.
We hope that you will take a few moments to look through our new web site. When you do, we believe you will recognize the attributes of Aquila Group of Funds that have defined us for over 25 years.
As investment managers for over a quarter century, we have always believed that investing successfully depends on knowing what you own and why you own it. We think this is particularly important in today’s markets. The Aquila Group of Funds’ seven single-state municipal bond funds, high yield bond fund and equity fund are managed to our high standard of quality. We combine a rigorous, hands-on investment approach with a strong commitment to service and approachability. Aquila Management Corporation, the Funds’ founder and sponsor, is a family-owned, privately-held firm established in 1984 to serve the needs of investors and financial advisers.