Aquila Management Corp., the investment advisor of the Aquila Group of Funds, announced today that Emily Rae has been named vice president of the Aquila Rocky Mountain Equity Fund and the Aquila Tax-Free Fund of Colorado.

Rae will be responsible for sales, marketing and shareholder servicing throughout the state of Colorado. The Rocky Mountain Equity Fund invests primarily in stocks of companies based in the Rocky Mountain region. The Tax-Free fund is a Colorado municipal bond fund.

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