Mairs & Power Launches Minnesota Municipal Bond ETF
The first exchange traded fund invested primarily in Minnesota Municipal Bonds
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ST. PAUL, Minn., March 12, 2021 /PRNewswire/ Mairs & Power, a registered investment advisor in St. Paul, announced the launch today of its first exchange traded fund. The Minnesota Municipal Bond ETF (ticker MINN) is the only ETF invested primarily in Minnesota Municipal Bonds in the country. The fund will be traded on the Chicago Board Options Exchange (CBOE) and can be purchased through an online broker or through your financial advisor. We believe this ETF presents a distinct opportunity for investors, particularly Minnesota residents, who are looking to add fixed income to their portfolios, said Mark Henneman, CEO. Unlike most ETFs, our fund is actively managed. This means we are constantly evaluating and making decisions about the securities in the portfolio. Instead of being required