Polen Capital Files to Launch Growth Opportunities ETF and Section 351 Exchange for Eligible Investors

BOCA RATON, Fla.--(BUSINESS WIRE)--Polen Capital announced today it has filed an initial registration statement with the Securities Exchange Commission to launch the Polen 5Perspectives Growth Opportunities ETF, an actively managed ETF designed to provide investors with access to Polen Capital's Growth Opportunities investment strategy.

In advance of the Fund’s launch, Polen Capital expects to offer a one-time opportunity for eligible investors to contribute securities in exchange for shares of the ETF—without immediate recognition of capital gains. Intended to qualify under Section 351 of the Internal Revenue Code, this tax-deferred exchange is designed to help investors efficiently reposition concentrated, low-basis holdings into the Fund while preserving unrealized gains.

The Growth Opportunities strategy invests in growth companies across all market capitalizations (small-, mid-, and large-cap), consistent with the Fund’s investment objective and prospectus.

“We’re pleased to bring the 5Perspectives framework, our multi-discipline approach to growth investing, refined over nearly 25 years, to a broader set of investors through the ETF structure,” said Drew Cupps, Head of the 5Perspectives Growth Team and portfolio manager.

“For investors with concentrated, low-basis positions, taxes can be a barrier to diversification,” said Laura Graff, Head of Product Strategy. “A 351 exchange, if applicable, can help investors reposition into a diversified strategy while deferring the recognition of unrealized gains. Having successfully completed this process with Polen Focus Growth ETF (PCLG) last year, we’re well-positioned to deliver a smooth experience for participating investors.”

The 351 Exchange window is expected to close May 29, 2026, and participation requires advance coordination and documentation. Full participation details are available at www.polencapital.com/351, and interested investors can contact Polen Capital directly at [e-mail].

Important Information

The 351 Exchange is intended for eligible investors and is subject to conditions, documentation, and acceptance. Tax outcomes depend on individual facts and circumstances. Investors should consult their own tax and legal advisors regarding the applicability of Section 351 and the consequences of any transaction.

Investing involves risk, including the possible loss of principal. There is no assurance the Fund will achieve its investment objective.

The fund has filed a registration statement with the Securities and Exchange Commission but it is not yet effective. An investment in the fund cannot be made, nor money accepted, until the registration statement is effective. An investor should consider the investment objectives, risks, and charges and expenses of the fund carefully before investing. A preliminary prospectus which contains this and other information about the fund may be obtained by visiting sec.gov/Archives/edgar/data/1388485/000182912626001069/fundvantage_485apos.htm. The information in the preliminary prospectus is not complete and may be changed. The final prospectus should be read carefully before investing, and when available may be obtained from the same source. This communication is not an offer to sell fund shares and is not soliciting an offer to buy fund shares in any state where the offer or sale is not permitted.

The Growth Opportunities ETF is distributed by Foreside Funds Distributors, LLC.

About Polen Capital

Polen Capital is a global investment management firm specializing in growth equity and credit strategies. Founded in 1979, the firm manages approximately $43 billion in assets (as of December 31, 2025) for institutions, financial advisors, and individual investors. With offices in Boca Raton, Boston, Chicago, London, Hong Kong, and Abu Dhabi, Polen Capital delivers high-conviction, actively managed portfolios designed for long-term results. The firm operates through four autonomous investment teams: Quality Growth, 5Perspectives Growth, Global Emerging Markets, and Leveraged Credit, and offers strategies across equity and credit. Polen Capital is committed to preserving and growing clients’ assets while fostering a culture of integrity, collaboration, and innovation. For more information, visit www.polencapital.com or follow us on LinkedIn.