Investment Company Act Exemptive Application

Wells Fargo filed an application requesting an exemption from section 12(d)(1)(A) and (B) (Functions and activities of investment companies), section 17(a)(1) and (2) (Transactions of certain affiliated persons and underwriters), and rule 12d1- 2(a) (Exemptions for Investment Companies Relying on Section 12(d)(1)(G)) under the Investment Company Act.

The requested order would (i) permit certain registered open-end management investment companies to acquire shares of other registered open-end management investment companies and unit investment trusts (‘‘UITs’’) that are within and outside the same group of investment companies as the acquiring investment companies, and (ii) permit funds of funds relying on rule 12d1–2 under the Act to invest in certain financial instruments.

View notice in full here (links externally to GPO website).