ETFs Get SEC Nod to Skip Shareholder Votes on Fees
Published Date: 4/21/2026
Notice
Summary
Man ETF Series Trust and Man Solutions LLC want permission to change their subadvisory agreements without asking shareholders every time and to keep some fee details private. This means they can act faster and with less paperwork, but people can still ask for a hearing by May 12, 2026. If approved, this could speed up how they manage money and save some costs on disclosures.
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Analyzed Economic Effects
2 provisions identified: 0 benefits, 1 costs, 1 mixed.
Subadviser Deals Without Shareholder Vote
If you own shares in the Man ETF Series Trust, the fund has asked permission to enter into and materially change subadvisory agreements without asking shareholders for approval. The application (filed March 4, 2026) would let the fund act faster and with less shareholder paperwork when it hires or changes subadvisers.
Less Disclosure Of Subadviser Fees
The applicants request relief from SEC disclosure rules so they would not have to disclose certain fees paid to subadvisers. If granted, the fund could keep some fee details private instead of including them in public filings.
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