As part of a succession plan established by
Mairs and Power [
profile], the investment advisor to the
Mairs & Power Growth Fund and the
Mairs & Power Balanced Fund,
Mark L. Henneman has been named lead PM of the
Growth Fund and
Ronald L. Kaliebe has been named lead PM of the
Balanced Fund, effective July 1, 2013.
William B. Frels, the lead portfolio manager of each Fund, will remain co-manager of the Funds. [
SEC Filing].
 
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