Fenimore Asset Management, Inc. and Fenimore Asset Management Trust

Issuing agencies

Full Text

<html>
<head>
<title>Federal Register, Volume 91 Issue 165 (Thursday, August 27, 2026)</title>
</head>
<body><pre>
[Federal Register Volume 91, Number 165 (Thursday, August 27, 2026)]
[Notices]
[Pages 55410-55411]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-17520]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 36309; File No. 812-16068]


Fenimore Asset Management, Inc. and Fenimore Asset Management 
Trust

August 25, 2026.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

-----------------------------------------------------------------------

    Notice of an application under section 6(c) of the Investment 
Company Act of 1940 (``Act'') for an exemption from sections 2(a)(32), 
5(a)(1), 18(f)(1), 18(i), 22(d) and 22(e) of the Act and rule 22c-1 
under the Act and under sections 6(c) and 17(b) of the Act for an 
exemption from sections 17(a)(1) and 17(a)(2) of the Act.

Summary of Application: Applicants request an order (``Order'') that 
would permit a registered open-end management investment company to 
offer one class of exchange-traded shares that operates as an exchange-
traded fund (an ``ETF Class,'' and such shares, ``ETF Shares'') and one 
or more classes of shares that are not exchange-traded (each such 
class, a ``Mutual Fund Class,'' and such shares, ``Mutual Fund 
Shares,'' and each such fund, a ``Multi-Class ETF Fund''). The Order 
would provide Multi-Class ETF Funds with two broad categories of 
relief: (i) the relief necessary to permit standard exchange-traded 
fund (``ETF'') operations consistent with Rule 6c-11 under the Act 
(``ETF Operational Relief'') and (ii) the relief necessary for a fund 
to offer an ETF Class and one or more Mutual Fund Classes (``ETF Class 
Relief'').

Applicants:  Fenimore Asset Management, Inc. and Fenimore Asset 
Management Trust.

Filing Dates:  The application was filed on August 10, 2026.

Hearing or Notification of Hearing:  An order granting the requested 
relief will be issued unless the Commission orders a hearing. 
Interested persons may request a hearing on any application by emailing 
the SEC's Secretary at <a href="/cdn-cgi/l/email-protection#c695a3a5b4a3b2a7b4bfb5eb89a0a0afa5a386b5a3a5e8a1a9b0"><span class="__cf_email__" data-cfemail="5704323425322336252e247a1831313e34321724323479303821">[email&#160;protected]</span></a> and serving the 
Applicants with a copy of the request by email, if an email address is 
listed for the relevant Applicant below, or personally or by mail, if a 
physical address is listed for the relevant Applicant below. The email 
should include the file number referenced above. Hearing requests 
should be received by the Commission by 5:30 p.m., Eastern Time, on 
September 21, 2026, and should be accompanied by proof of service on 
the Applicants, in the form of an affidavit or, for lawyers, a 
certificate of service. Pursuant to rule 0-5 under the Act, hearing 
requests should state the nature of the writer's interest, any facts 
bearing upon the desirability of a hearing on the matter, the reason 
for the request, and the issues contested. Persons who wish to be 
notified of a hearing may request notification by emailing the 
Commission's Secretary at <a href="/cdn-cgi/l/email-protection#bfecdadccddacbdecdc6cc92f0d9d9d6dcdaffccdadc91d8d0c9"><span class="__cf_email__" data-cfemail="1546707667706174676c66385a73737c7670556670763b727a63">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#2c7f494f5e49584d5e555f01634a4a454f496c5f494f024b435a"><span class="__cf_email__" data-cfemail="8eddebedfcebfaeffcf7fda3c1e8e8e7edebcefdebeda0e9e1f8">[email&#160;protected]</span></a>. Applicants: 
Stephen T. Cohen, Esq. and Adam T. Teufel, Esq., Dechert LLP, 1900 K 
Street NW, Washington, DC 20006; Michael F. Balboa, 384 North Grand 
Street, Cobleskill, New York 12043.

FOR FURTHER INFORMATION CONTACT: Thomas Ahmadifar, Branch Chief, or 
Deepak T. Pai, Senior Counsel at (202) 551-6825 (Division of Investment 
Management, Chief Counsel's Office).

[[Page 55411]]


SUPPLEMENTARY INFORMATION: For Applicants' representations, legal 
analysis, and conditions, please refer to Applicants' application, 
filed August 10, 2026, which may be obtained via the Commission's 
website by searching for the file number at the top of this document, 
or for an Applicant using the Company name search field, on the SEC's 
EDGAR system.
    The SEC's EDGAR system may be searched at <a href="https://www.sec.gov/search-filings">https://www.sec.gov/search-filings</a>. You may also call the SEC's Office of Investor 
Education and Assistance at (202) 551-8090.

    For the Commission, by the Division of Investment Management, 
under delegated authority.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026-17520 Filed 8-26-26; 8:45 am]
BILLING CODE 8011-01-P


</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>