Investment Fund Tweaks Fees and Shares Quietly
Published Date: 2/12/2026
Notice
Summary
The Pursuit Asset-Based Income Fund and its advisers want permission to offer different types of shares and charge fees for early withdrawals and ongoing services. This change affects investors in these funds and could impact how much they pay in fees. If no one objects by March 6, 2026, the SEC will approve these updates.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 1 costs, 1 mixed.
Fund may issue multiple share classes
The Pursuit Asset-Based Income Fund asked the SEC for permission to issue multiple classes of shares. If no one requests a hearing by March 6, 2026, the SEC will issue the order allowing the change.
Permission to charge new investor fees
The applicants requested permission to impose early withdrawal charges and asset-based distribution and/or service fees on the fund. If no hearing is requested by March 6, 2026, the SEC will issue the order that would allow these fees.
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