Colorado State Bank and Trust in Denver converted $175 million of common trust funds into three no-load mutual funds this week.

The Aristata Mutual Funds, named after Pinus Aristata, a conifer tree native to the Rocky Mountains, will not be managed by the bank. Instead, Denver-based investment adviser Tempest, Isenhart, Chafee, Landsdowne & Associates will manage the portfolios, while ALPS Mutual Funds Services Inc. will distribute them, said H. David Landsdowne, president of Tempest and the funds' portfolio manager.

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