485BPOS 1 tcwetftrust_485bpos.htm 485BPOS

 

As filed with the Securities and Exchange Commission on August 1, 2024

 

Securities Act File No. 333-278864

 

 

U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM N-14

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

 

  Pre-Effective Amendment No.  
  Post-Effective Amendment No. 1

 

TCW ETF TRUST

(Exact Name of Registrant as Specified in Charter)

 

Peter Davidson

515 South Flower Street
Los Angeles, CA 90071

(Address of Principal Executive Offices)

 

Registrant’s Telephone Number, including Area Code: (213) 244-0000

 

Megan McClellan

TCW Investment Management Company LLC

515 South Flower Street,

Los Angeles, CA 90071

(Name and address of agent for service)

 

Copies to:

 

Brian McCabe

Ropes & Gray LLP

800 Boylston Street

Boston, MA 02199

Telephone Number: (617) 951-7000

 

It is proposed that this filing will become effective immediately upon filing pursuant to paragraph (b) of Rule 485 under the Securities Act of 1933, as amended.

 

Title of Securities Being Registered:

 

Shares of Beneficial Interest, no par value, of TCW Flexible Income ETF, a series of the Registrant.

 

The Registrant has registered an indefinite amount of securities pursuant to Rule 24f-2 under the Investment Company Act of 1940, as amended. In reliance upon such rule, no filing fee is being paid at this time.

 

 

 

 

 

 

EXPLANATORY NOTE

 

This Post-Effective Amendment No. 1 is being filed solely for the purpose of filing the final tax opinion as Exhibit 12 to the Registration Statement on Form N-14 (File No. 333-278864), supporting the tax matters and consequences to shareholders in connection with the reorganization of Metropolitan West Flexible Income Fund, a series of Metropolitan West Funds, with and into TCW Flexible Income ETF, a series of TCW ETF Trust, as required by Item 16(12) of Form N-14. Part A and Part B are incorporated herein by reference to the Prospectus/Information Statement filed pursuant to Rule 497 under the Securities Act of 1933, as amended, on May 22, 2024 (Accession No. 0001829126-24-003632).

 

 

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TCW ETF TRUST

 

PART C

 

Other Information

 

Item 15. Indemnification.

 

Reference is made to the Second Amended and Restated Agreement and Declaration of Trust (the “Declaration”) incorporated by reference to the Registration Statement of TCW ETF Trust (the “Registrant” or “Trust”) on Form N-1A (Registration Nos. 333-249926 and 811-23617) (the “Registration Statement”) filed December 29, 2023.

 

Nothing contained in the Declaration shall indemnify, hold harmless or protect any officer or trustee from or against any liability to the Trust or any shareholder to the extent such indemnification is prohibited by applicable federal law.

 

Item 16. Exhibits.

 

(1)(a) Certificate of Trust dated October 26, 2020, as filed with the Office of the Secretary of State of the State of Delaware on October 26, 2020, for the Registrant is incorporated by reference to the Registrant’s Registration Statement filed November 6, 2020.

 

(1)(b) Certificate of Amendment dated December 21, 2020 to the Certificate of Trust of the Registrant, as filed with the Office of the Secretary of State of Delaware on December 21, 2020 is incorporated by reference to the Registrant’s Registration Statement filed April 23, 2021.

 

(1)(c) Certificate of Amendment dated October 13, 2023 to the Certificate of Trust of the Registrant, as filed with the Office of the Secretary of State of Delaware on October 12, 2023 is incorporated by reference to the Registrant’s Registration Statement filed December 29, 2023.

 

(1)(d) Second Amended and Restated Agreement and Declaration of Trust of the Registrant dated October 13, 2023 (the “Declaration”) is incorporated by reference to the Registrant’s Registration Statement filed December 29, 2023.

 

(2) Second Amended and Restated By-Laws of the Registrant dated October 13, 2023 (the “By-Laws”) is incorporated by reference to the Registrant’s Registration Statement filed December 29, 2023.

 

(3) Not Applicable.

 

(4)  Form of Agreement and Plan of Reorganization is incorporated by reference to the Registrant’s Registration Statement on Form N-14 filed April 22, 2024.

 

(5)(a) Portions of the Declaration relating to shareholders’ rights are incorporated by reference to the Registrant’s Registration Statement filed December 29, 2023.

 

(5)(b) Portions of the By-Laws relating to shareholders’ rights are incorporated by reference to the Registrant’s Registration Statement filed December 29, 2023.

 

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(6) Investment Advisory Agreement between the Registrant and TCW Investment Management Company LLC (the “Adviser”) is incorporated by reference to the Registrant’s Registration Statement filed December 29, 2023.

 

(7)(a) Distribution Agreement between the Registrant and Foreside Financial Services LLC (“Foreside”) is incorporated by reference to the Registrant’s Registration Statement filed April 23, 2021.

 

(7)(b) Distribution Services Agreement between the Adviser and Foreside is incorporated by reference to the Registrant’s Registration Statement filed December 29, 2023.

 

(8) Not Applicable.

 

(9) Custody Agreement between the Registrant and State Street Bank and Trust Company (“State Street”) is incorporated by reference to the Registrant’s Registration Statement filed June 18, 2024.

 

(10) Not Applicable.

 

(11)  Opinion and consent of Morris, Nichols, Arsht & Tunnell LLP as to the legality of the securities being registered is incorporated by reference to the Registrant’s Registration Statement on Form N-14 filed April 22, 2024.

 

(12) Opinion and consent of Ropes & Gray LLP as to tax matters is filed herewith.

 

(13)(a) Administrative and Transfer Agency Agreement between the Registrant and State Street is incorporated by reference to the Registrant’s Registration Statement filed June 18, 2024.

 

(13)(b) Form of Authorized Participant Agreement is incorporated by reference to the Registrant’s Registration Statement filed April 23, 2021.

 

(13)(c) Principal Financial Officer/Treasurer Agreement between the Registrant and Foreside Fund Officers Service, LLC (“Foreside Fund Officers”) is incorporated by reference to the Registrant’s Registration Statement filed April 23, 2021.

 

(13)(d) Chief Compliance Officer and Anti Money Laundering Officer Agreement between the Registrant and Foreside Fund Officer Services is incorporated by reference to the Registrant’s Registration Statement filed April 23, 2021.

 

(13)(e) Form of Fund of Funds Investment Agreement is incorporated by reference to the Registrant’s Registration Statement filed December 29, 2023.

 

(14) Consent of Independent Registered Public Accounting Firm is incorporated by reference to the Registrant’s Registration Statement on Form N-14 filed April 22, 2024.

 

(15) Not Applicable.

 

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(16) Power of Attorney is incorporated by reference to the Registrant’s Registration Statement on Form N-14 filed April 22, 2024.
   
(17) Not Applicable.

 

Item 17. Undertakings

 

(1) The undersigned Registrant agrees that prior to any public reoffering of the securities registered through the use of a prospectus which is a part of this registration statement by any person or party who is deemed to be an underwriter within the meaning of Rule 145(c) of the Securities Act of 1933 (the “Securities Act”), the reoffering prospectus will contain the information called for by the applicable registration form for reofferings by persons who may be deemed underwriters, in addition to the information called for by the other items of the applicable form.

 

(2) The undersigned Registrant agrees that every prospectus that is filed under paragraph (1) above will be filed as a part of an amendment to the registration statement and will not be used until the amendment is effective, and that, in determining any liability under the Securities Act, each post-effective amendment shall be deemed to be a new registration statement for the securities offered therein, and the offering of the securities at that time shall be deemed to be the initial bona fide offering of them.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act and has duly caused this Post-Effective Amendment to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Los Angeles and State of California on this 1st day of August 2024.

 

  TCW ETF Trust
   
  /s/ Megan McClellan
  Name: Megan McClellan
  Title: President and Principal Executive Officer

 

As required by the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

 

Name   Title   Date
         
*   Trustee   August 1, 2024
Andrew Tarica        
         
/s/ Josh Hunter   Chief Financial Officer and Treasurer   August 1, 2024
Josh Hunter   (Principal Financial Officer)    
         
*   Trustee   August 1, 2024
Martin Luther King III        
         
/s/ Megan McClellan   Trustee, President and Principal Executive Officer   August 1, 2024
Megan McClellan        
         
*   Trustee   August 1, 2024
Michael Swell        
         
*   Trustee   August 1, 2024
Patrick C. Haden        
         
*   Trustee   August 1, 2024
Patrick Moore        
         
*   Trustee   August 1, 2024
Peter McMillan        
         
*   Trustee   August 1, 2024
Robert G. Rooney        
         
*   Trustee   August 1, 2024
Victoria B. Rogers        

 

*By: /s/ Megan McClellan  
 

Megan McClellan
Attorney-in-Fact

* Pursuant to Power of Attorney

 

 

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TCW ETF TRUST

 

EXHIBITS INDEX

 

EXHIBIT NO.   DESCRIPTION
EX-99 (12)   Opinion and consent of Ropes & Gray LLP as to tax matters

 

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