Nottingham converts mutual fund to ETF

The Nottingham Company, a U.S.-based fund administrator and private label issuer to the mutual fund and ETF industry, has completed the registration process for its first conversion of an open-end mutual fund to an ETF. Nottingham-affiliated series trust Starboard Investment Trust completed the registration portion of the process recently, with an agreed conversion date of May 7 for the Adaptive Growth Opportunities Fund. The fund will convert all its assets to the Adaptive Growth Opportunities ETF (AGOX) on May 7, with public trading of AGOX beginning on May 10.

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