# Federal Register #812-16059

SEC notice on exemptions for subadvisory agreements and fee disclosures

**Buyer:** Securities and Exchange Commission
**Posted:** October 07, 2026
**Identifier:** 812-16059

The Securities and Exchange Commission (SEC) notice concerns an application for exemptions related to investment-fund subadvisory agreements and fee disclosures.
- Government agency: Securities and Exchange Commission (SEC); no sub-agency or office is identified.
- Applicants: Manning & Napier Fund, Inc.; Manning & Napier Funds Trust; and Manning & Napier Advisors, LLC.
- Requested relief: The applicants seek to enter into and materially amend subadvisory agreements without shareholder approval, and to be exempt from specified disclosure requirements concerning fees paid to subadvisers.
- Procurement scope: This is a regulatory application notice, not a procurement solicitation. No products, services, quantities, part numbers, or vendors supplying contract deliverables are identified.

### Description

The SEC notice concerns an application by Manning & Napier Fund, Inc., Manning & Napier Funds Trust, and Manning & Napier Advisors, LLC. The application seeks an exemption that would permit the applicants to enter into and materially amend subadvisory agreements without shareholder approval. It also requests relief from specified disclosure requirements relating to fees paid to subadvisers. The application was filed on July 23, 2026, and amended on August 21, 2026.

[View original listing](https://www.federalregister.gov/documents/2026/10/07/2026-20502/manning-and-napier-fund-inc-et-al)