Bank of Hawai‘i Becomes New Fund Sponsor for Hawaiian Tax-Free Trust, Hawai‘i’s First Municipal Bond Fund
HONOLULU, September 03, 2024--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.