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Stock impact report

Bank of Hawai‘i Becomes New Fund Sponsor for Hawaiian Tax-Free Trust, Hawai‘i’s First Municipal Bond Fund

Bank of Hawaii Corporation (BOH) 
Last bank of hawaii corporation earnings: 4/20 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.boh.com/investor-overview
Company Research Source: Business Wire
HONOLULU--(BUSINESS WIRE)--Today, Bank of Hawai‘i announces that it has become the fund sponsor for Hawaiian Tax-Free Trust, taking over from New York-based Aquila Management Corporation, founder and sponsor of the Aquila® Group of Funds, Aquila Investment Management LLC and Aquila Distributors LLC (jointly, “Aquila”), which recently announced its intention to discontinue providing administrative/business management and distribution services for the fund.Together, Bank of Hawai‘i and Aquila launched Hawai‘i’s first municipal bond fund in 1985. Aquila served as the fund sponsor, managing the administration and distribution of the fund and ensuring its availability for public sale. Simultaneously, the Asset Management Group of Bank of Hawai‘i has served as the investment advisor, managing the assets of the portfolio, since the fund’s inception nearly four decades ago and will continue to do so. Now as the new fund sponsor, Bank of Hawai‘i will provide even more local leadership for Show less Read more
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