Mairs and Power Growth Fund (MPGFX)

Fund Management

Fund Management

  • Mark L. Henneman, Executive Vice-President of Mairs and Power, Inc., was named lead manager of the Mairs & Power Growth Fund effective July 1, 2013 and is primarily responsible for the day-to-day management of the Fund's portfolio.  Mr. Henneman has been an officer and director of Mairs and Power, Inc. since July 2004 and had been co-manager of the Growth Fund with Mr. Frels since 2006.
  • William B. Frels, Chairman of the Board of Mairs and Power, Inc., is co-manager of the Fund's portfolio.  Mr. Frels has been an officer and director of Mairs and Power, Inc. since July 1992.  He is also the co-manager of the Mairs & Power Balanced Fund.
  • While Mr. Henneman and Mr. Frels are responsible for the day-to-day management of the Fund, they work collaboratively with the other seven members of the Investment Committee to make team centered decisions regarding the stocks they will use in the Growth Fund portfolio.