Jul 10, 2024 · AFFE from FPCC is calculated based on the most recently filed shareholder report (form 10-K or 10-Q). FPCC's interest expense included in these reports will fluctuate due to changes in …

AFFE footnote or narrative disclosure will better serve the goal of providing investors with an improved understanding of the actual costs of investing in a fund that invests in other funds

Sep 1, 2014 · Are AFFE reflected in a Fund’s financial statements? No. Because acquired fund fees and expenses are not borne directly by the Fund, they will not be reflected in the expense information in …

H.R. 2225, the Access to Small Business Investor Capital Act, would exclude business development companies (BDCs) from the acquired fund fees and expenses rule (AFFE).

Jun 20, 2006 · A: No. AFFE is intended to include the expenses of investments in investment companies, hedge funds, private equity funds, and other entities traditionally considered pooled …

proposed AFFE amendment and support its adoption as a first step to addressing the unintended negative consequences caused by the current AFFE disclosure requirements.

In 2006, the SEC adopted form amendments that require a registered fund or BDC to disclose as an additional line item in its prospectus fee table its pro rata share of the operating expenses paid by …