# EDGAR Filing Document

**Accession Number:** 0001970751
**File Stem:** 0000894189-26-014604
**Filing Date:** 2026-5
**Character Count:** 4179
**Document Hash:** db7dba21b162ce5d8ae1e55bf041cc55
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-014604.hdr.sgml**: 20260508

**ACCESSION NUMBER**: 0000894189-26-014604

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260508

**DATE AS OF CHANGE**: 20260508

**EFFECTIVENESS DATE**: 20260508

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisor Managed Portfolios
- **CENTRAL INDEX KEY:** 0001970751

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-270997
- **FILM NUMBER:** 26957292

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** (626) 914-7385

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Zevenbergen Genea Fund (Series ID: S000082969)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000246393 | Institutional Class | ZVGIX           |
| C000246394 | Investor Class      | ZVGNX           |

Filed Pursuant to Rule 497(k)

Registration No. 333-270997; 811-23859

**Zevenbergen Genea Fund**

---

| | |
|:---|:---|
| **Investor Class** | **ZVGNX** |
| **Institutional Class** | **ZVGIX** |

---

**Supplement dated May 8, 2026 to the**

**Summary Prospectus dated October 31, 2025**

As explained in the supplement dated December 19, 2025, the Board of Trustees has approved a proposal to reorganize the Fund from a mutual fund into an exchange-traded fund series of Virtus ETF Trust II, subject to shareholder approval. In anticipation of the potential reorganization, the Fund will convert its Investor Class shares into Institutional Class shares immediately after market close on June 12, 2026 ("Class Exchange"). Institutional Class shares have a lower expense ratio than Investor Class shares; as a result, shareholders are expected to benefit from the Class Exchange.

While the Fund currently offers two share classes, Investor Class shares and Institutional Class shares, the Fund has only one investment portfolio. That means money invested in each class is invested in one pool of investments. However, there are differences in the share class features. Investor Class shares are subject to a distribution and servicing fee of up to 0.25% of the average daily net assets of the class. Institutional Class shares are not subject to this fee. The minimum initial investment amount for Investor Class shares is $2,500 and, after the Class Exchange, the minimum initial investment amount for Institutional Class shares also will be $2,500. Please consult the Fund's Prospectus for full details on the differences between the classes. Investor Class shares will remain available for purchase until the Class Exchange and shareholders may continue to redeem their Investor Class shares as provided in the Fund's Prospectus until the Class Exchange.

If shares are not redeemed prior to the Class Exchange, each shareholder that owned Investor Class shares will own Institutional Class shares equal to the aggregate value of the shareholder's Investor Class shares owned immediately prior to the Class Exchange.

The Class Exchange will not be considered a taxable event for federal income tax purposes. Please see the Prospectus for more information about the fees and expenses associated with Institutional Class shares.

Effective after market close on June 12, 2026, the Investor Class for the Fund will be terminated.

It is currently anticipated that during the second quarter of 2026, shareholders of will receive information soliciting their vote with respect to the proposed reorganization. If approved, the Fund's reorganization is anticipated to take place during the third quarter of 2026. The Board of Trustees has determined that the Class Exchange is in the best interest of shareholders regardless of whether the proposed reorganization is approved.

\*\*\*\*\*\*

**Please retain this supplement with your Summary Prospectus for future reference.**

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