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Nottingham first fund administrator and white label ETF issuer to file for conversion of mutual fund to ETF

Nottingham

ROCKY MOUNT, N.C., 9 December 2020 – The Nottingham Company, a leading fund administrator and private label issuer to the mutual fund and ETF industry, continues its trend setting role servicing ETFs for boutique and mid-size firms, announcing today that Nottingham-affiliated entities have filed with the Security and Exchange Commission (“SEC”) for conversion of an existing family of mutual funds to ETFs. The Board of a Nottingham-administered series trust approved the conversion with legal assistance from noted law firm Greenberg Traurig. Based upon the filing date and preliminary conversations, the initial fund managed by Adaptive Investments is expected to convert in January, with additional funds under the same group to follow shortly thereafter. “Over the last two to three years, there has probably been more speculation and discussion regarding the conversion of open-end mutual funds to ETFs than any other subject in the ETF industry. The non-transparent ETF developments are important as well and interrelated in many cases. With the combination of both options now available, we expect a large number of mutual funds to convert to ETFs in the coming years.” remarked Kip Meadows, Founder and CEO of Nottingham. Tax advantaged conversions are important when transitioning existing mutual funds to ETFs to avoid having to recognize all unrealized gains within the mutual fund portfolio. Mutual funds have merged on a tax advantaged basis for years. Converting mutual funds to ETFs is likely the next wave in the fund industry. “Our business plan has focused on solving the puzzle of converting mutual funds to ETFs, and the ability to utilize the non-transparent structures that are so attractive to active portfolio managers, so prevalent in existing open-end mutual funds. We are very pleased to have taken the steps to make both options available to our current and prospective clients,” added Katherine Honey, President of Nottingham and Managing Member of OBP Capital, LLC, an ETF-focused affiliate firm. Nottingham remains one of the largest privately held fund administration firms in the U.S., currently administering over $31 billion in AUA. OBP Capital was established to assist Nottingham clients with ETFs, holding exemptive orders for both active and passive ETF structures, and provides needed oversight and compliance management for ETF portfolio managers. Nottingham has been serving the fund accounting, administration, organization, and management needs of clients nationwide for over three decades. Based in Eastern North Carolina, Nottingham delivers a full range of turnkey services, handling clients’ behind-the-scenes financial and administrative operations so they can focus on managing their portfolios. Contact Details Lindy Fields +1 252-984-3811 lindy.fields@nottinghamco.com Company Website https://www.ncfunds.com/

December 10, 2020 09:04 AM Eastern Standard Time

Open Enrollment: A Money Saving Approach to Insurance from Sidecar Health

YourUpdateTV

Even before the pandemic hit, millions of Americans lacked critically needed health insurance. Now, with businesses struggling to stay afloat, millions more are at risk of losing employer-sponsored insurance, leaving them to navigate the marketplace on their own. A video accompanying this announcement is available at: https://youtu.be/SniHnV2TpPo However, there is a simple, affordable, and personalized alternative that turns patients into purchasers, giving them the ability to shop around for care as they would with any other commercial product. Enter Sidecar Health. Sidecar Health, which operates on the principle of cash payments, is turning the industry on its head. While traditional insurance acts as a middleman between patients and doctors, leading to increased costs and surprise bills, Sidecar Health members get substantial discounts (and no surprise bills) from providers by paying cash directly at the point of service. They also enjoy the freedom to see any medical service provider they need, without network restraints, and the ability to personalize a plan to fit their individual healthcare needs. Patrick Quigley, Chief Executive Officer and Co-Founder of Sidecar Health, conducted a nationwide media tour to discuss new money-saving healthcare options such as Sidecar Health that disrupt the flawed industry. Topics that Quigley discussed included: How the cash-price model differs from existing insurance options How “cash-price” insurance saves money by getting rid of the inflated commercial prices negotiated by traditional insurance How COVID-19 has impacted health insurance and healthcare in the U.S. How those who have lost employer-sponsored coverage can access high-quality coverage on their own terms How an unexpected medical procedure led Patrick to his a-ha! moment and the creation of Sidecar Health For more information visit: sidecarhealth.com About Patrick Quigley, Chief Executive Officer and Co-Founder, Sidecar Health: Patrick Quigley founded Sidecar Health in 2018 as a new approach to insurance. The company now operates in 14 states using a disruptive cash-price model to save members 40% or more on health care costs. With a storied career spanning 15 years in health insurance, Patrick has led companies dedicated to various aspects of the industry. He spearheaded the growth of Healthplans.com, a leading website that connected 35 million people with carriers and brokers to find plans for their families. Patrick also served as CEO of Katch, which helped carriers enroll new members in individual health plans producing over $3B in annual premiums. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 09, 2020 10:20 AM Eastern Standard Time

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Redefining WFH: Achieving Work-Life Balance in the Remote Work Era

YourUpdateTV

With many companies currently operating virtually and business travel still largely on hold, many consumers feel like they’ve been living a real-life “Groundhog Day,” working and living in the same space at home day in and day out. Recently, Janis Cannon, Senior Vice President, Upscale Brands at Choice Hotels International, shared some better options for consumers yearning for more control of their time and space and looking for a change of pace and scenery. A video accompanying this announcement is available at: https://youtu.be/YpxNXAp_9O0 Consumers have started to redefine the boundaries of work, life and leisure. For many, the acronym WFH or “work-from-home” has evolved into “work-from-hotel,” a trend that gives consumers that much-needed change of scenery and boost of productivity they crave for themselves and their families. Inspired by the traditional habit of extending a business trip to enjoy leisure time, consumers are flipping the script and working-from-hotel 9 a.m. to 5 p.m., then finding the change of pace they crave from 5 p.m. to 9 p.m. To learn more about this “workcation” (work + vacation) trend, Cambria Hotels surveyed consumers who are currently working remotely and who typically travel for work at least 3-5 times per year. The brand discovered several interesting insights from the survey, including how consumers are navigating their work-life balance while working from home and how they are redefining the boundaries of work, leisure and more. Cambria Hotels’ poll research indicated consumers are struggling to find work-life balance. They are missing the natural separation between work and home and say that it feels like work is “always on,” and they find it hard to “turn it off” at the end of the day. Almost half (45.6%) of consumers feel that they are working more since they started to work from home. For many (62%), the constant access to technology makes them feel like they are “always on.” For others (46%) the constant distractions of working from home are an ongoing source of frustration. Well over half (62.6%) indicated they’re somewhat or very likely to consider a workcation. After the pandemic is over, even more consumers (77.5%) indicate they are somewhat or very likely to consider a workcation. For travelers, Cambria hotels offer ideal destinations to work-from-hotel for upcoming workcations. Each of the brand’s more than 50 hotels throughout the country features thoughtful and inspirational design in guest rooms and throughout the hotel, as well as locally inspired food and beverage options that reflect the surrounding community, including a curated selection of local craft beers. Cambria also provides amenities that today’s travelers are looking for, such as free and reliable Wi-Fi, as well as comfortable, flexible, and inspiring workspaces and break spaces in rooms and outdoor patios and rooftops. All Choice-brand hotels are participating in Commitment to Clean, an initiative that builds upon the strong foundation of each hotel’s long-standing dedication to cleanliness with enhanced training and best practices for deep cleaning, disinfecting and social distancing. Additionally, Cambria guests can limit their interactions with hotel staff by using the Cambria Contactless Concierge Service, a text messaging service for housekeeping requests, to-go food orders, meeting room requests and more. If you’re looking to plan a workcation, visit www.ChoiceHotels.com/CambriaWorkcation to learn more and take advantage of great deals, such as the Reunite for the Holidays and Save promotion running through the end of the year: stay 1 night, get 20% off; stay 2 nights, get 25% off; stay 3 nights, get 30% off. About Janis Cannon: Janis Cannon is Senior Vice President of Upscale Brands and a member of the senior executive team for Choice Hotels International, Inc. one of the world’s leading lodging franchisors. In this role, she is responsible for the overall performance and growth of the company’s upscale portfolio and leads the brand strategy and positioning of Cambria Hotels and the Ascend Hotel Collection. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 08, 2020 12:12 PM Eastern Standard Time

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