Federal Register #2026-13824

SEC Notice: Application for Exemptive Relief to Offer ETF and Mutual Fund Share Classes in One Fund

This notice concerns an application to the Securities and Exchange Commission (SEC) for exemptive relief related to investment fund operations. - Government buyer: - Securities and Exchange Commission (SEC) - Applicants: - Datum One Series Trust - Polar Capital LLP - Request details: - Seeks permission for a registered open-end management investment company to offer both exchange-traded fund (ETF) shares and non-exchange-traded mutual fund shares within the same fund - Relief would allow standard ETF operations and multiple share classes (ETF and mutual fund) in a single fund structure - No procurement of products or services is involved - No part numbers, quantities, or specific goods/services are requested - No unique technical or operational requirements beyond the investment structure requested - No OEMs or commercial vendors are referenced, as this is not a procurement action

Description

This notice pertains to an application filed by Datum One Series Trust and Polar Capital LLP with the Securities and Exchange Commission. The application requests an order to permit a registered open-end management investment company to offer one class of exchange-traded shares operating as an ETF and one or more classes of shares that are not exchange-traded. The order would provide relief for standard ETF operations and for offering multiple classes of shares. The application was filed on June 5, 2026, and the SEC may issue the order unless a hearing is requested by July 31, 2026.

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