Megacorn Fund Seeks Flexible Shares and Fees Without Hearings
Published Date: 3/19/2026
Notice
Summary
Megacorn Fund and Forge Global Advisors want permission to offer different types of shares in their investment funds and charge fees based on assets or early withdrawals. This change could affect investors by giving them more options but also new fees. If no one asks for a hearing by April 13, 2026, the SEC will likely approve it.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 2 costs, 1 mixed.
Funds May Charge Asset-Based Fees
The applicants ask for permission to let the funds impose asset-based distribution and/or service fees. If approved, investors in the affected closed-end funds could see ongoing fees charged based on the fund's assets.
Funds May Impose Early Withdrawal Charges
The application also requests permission for the funds to impose early withdrawal charges. If approved, investors who sell or redeem shares early from the affected funds could face a fee for withdrawing before a set time.
Funds May Offer Multiple Share Classes
Megacorn Fund filed an application asking the SEC for permission to let certain closed-end funds issue multiple classes of shares. If the SEC grants the request, the funds could offer different share classes for investors to choose from.
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Key Dates
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