SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Valued Advisers Trust – ‘40-17F1’ on 11/21/14 re: Valued Advisers Trust

On:  Friday, 11/21/14, at 5:03pm ET   ·   Effective:  11/21/14   ·   Accession #:  1193125-14-421994   ·   File #:  811-22208

Previous ‘40-17F1’:  ‘40-17F1’ on 8/5/14   ·   Next:  ‘40-17F1’ on 4/28/15   ·   Latest:  ‘40-17F1’ on 3/30/17

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

11/21/14  Valued Advisers Trust             40-17F1    11/21/14    1:59K  Valued Advisers Trust             RR Donnelley/FA

Certificate of Accounting of Securities in the Custody of a Management Investment Company   —   Form N-17F-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 40-17F1     Valued Advisers Trust                               HTML     27K 


This is an HTML Document rendered as filed.  [ Alternative Formats ]



  Valued Advisers Trust  

OMB APPROVAL

OMB Number:   3235-0359
Expires:   December 31, 2014
Estimated average burden
hours per response   1.5

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-17f-1

 

 

Certificate of Accounting of Securities and Similar

Investments of a Management Investment Company

in the Custody of Members of

National Securities Exchanges

Pursuant to Rule 17f-1 [17 CFR 270.17f-1]

 

1. Investment Company Act File Number:   Date examination completed:
   
811-22208   November 20, 2014
2. State identification Number:
        AL   AK   AZ   AR   CA   CO
    CT   DE   DC   FL   GA   HI
    ID   IL   IN   IA   KS   KY
    LA   ME   MD   MA   MI   MN
    MS   MO   MT   NE   NV   NH
    NJ   NM   NY   NC   ND   OH
    OK   OR   PA   RI   SC   SD
    TN   TX   UT   VT   VA   WA
    WV   WI   WY   PUERTO RICO        
   

Other (specify):

 

                   

3. Exact name of investment company as specified in registration statement:

 
Cloud Capital Strategic Large Cap Fund and Cloud Capital Strategic Mid Cap Fund, each a series of the Valued Advisers Trust

4. Address of principal executive office (number, street, city, state, zip code):

 
2960 North Meridian Street, Suite 300, Indianapolis, IN 46208

INSTRUCTIONS

This Form must be completed by investment companies that place or maintain securities or similar investments in the custody of a company that is a member of a national securities exchange.

Investment Company

 

1. All items must be completed by the investment company.

 

2. Give this Form to the independent public accountant who, in compliance with Rule 17f-1 under the Act and applicable state law, examines securities and similar investments in the custody of a company that is a member of a national securities exchange.

Accountant

 

3. Submit this Form to the Securities and Exchange Commission and appropriate state securities administrators when filing the certificate of accounting required by Rule 17f-1 under the Act and applicable state law. File the original and one copy with the Securities and Exchange Commission’s principal office in Washington, D.C., one copy with the regional office for the region in which the investment company’s principal business operations are conducted, and one copy with the appropriate state administrator(s), if applicable.

THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT

 

 

 


SEC’s Collection of Information

An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number. Filing of Form N-17f-1 is mandatory for an investment company that maintains securities or similar investments in the custody of a member of a National Securities Exchange. Rule 17f-1 under section 17(f) of the Investment Company Act of 1940 requires the investment company to retain an independent public accountant to verify the company’s securities and similar investments by actual examination three times during each fiscal year. The accountant must prepare a certificate stating that the examination has occurred and describing the examination, and must transmit the certificate to the Commission with Form N-17f-1 as a cover sheet. The Commission uses the Form to ensure that the certificate is properly attributed to the investment company. The Commission estimates that the burden of completing Form N-17f-1 is approximately 0.16 hours per filing. Any member of the public may direct to the Commission any comments concerning the accuracy of the burden estimate of this Form, and any suggestions for reducing the burden of the Form. This collection of information has been reviewed by the Office of Management and Budget in accordance with the clearance requirements of 44 U.S.C. § 3507. Responses to this collection of information will not be kept confidential.

 

2


MANAGEMENT STATEMENT REGARDING COMPLIANCE WITH CERTAIN

PROVISIONS OF THE INVESTMENT COMPANY ACT OF 1940

November 20, 2014

We, as members of management of Cloud Capital Funds, comprising Cloud Capital Strategic Large Cap Fund and Cloud Capital Strategic Mid Cap Fund (the “Funds”), each a series of the Valued Advisers Trust, are responsible for complying with the requirements of subsections (b)(1) and (b)(6) of Rule 17f-1, “Custody of Securities with Members of National Securities Exchanges,” of the Investment Company Act of 1940. We are also responsible for establishing and maintaining effective internal controls over compliance with those requirements. We have performed an evaluation of the Funds’ compliance with the requirements of subsections (b)(1) and (b)(6) of Rule 17f-1 as of July 25, 2014, and from May 31, 2014 (last examination date) through July 25, 2014.

Based on this evaluation, we assert that the Funds were in compliance with the requirements of subsections (b)(1) and (b)(6) of Rule 17f-1 for the Investment Company Act of 1940 as of July 25, 2014, and from May 31, 2014 (last examination date) through July 25, 2014, with respect to securities reflected in the investment accounts of the Funds.

 

Valued Advisers Trust

/s/ R. Jeffrey Young

R. Jeffrey Young, Principal Executive Officer & President

/s/ Bryan W. Ashmus

Bryan W. Ashmus, Principal Financial Officer & Treasurer


REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Trustees of

Valued Advisers Trust

We have examined management’s assertion, included in the accompanying Management Statement Regarding Compliance With Certain Provisions of the Investment Company Act of 1940, that Cloud Capital Funds, comprising Cloud Capital Strategic Large Cap Fund and Cloud Capital Strategic Mid Cap Fund (the “Funds”), each a series of the Valued Advisers Trust, complied with the requirements of subsections (b)(1) and (b)(6) of Rule 17f-1 under the Investment Company Act of 1940 as of July 25, 2014. Management is responsible for the Funds’ compliance with those requirements. Our responsibility is to express an opinion on management’s assertion about the Funds’ compliance based on our examination.

Our examination was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about the Funds’ compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of July 25, 2014, and with respect to agreement of security purchases and sales, for the period from May 31, 2014 (the date of our last examination) through July 25, 2014:

 

    Confirmation of all securities and similar investments held by The Depository Trust Company, Huntington National Bank and Total Bank Solutions in book entry form without prior notice to management

 

    Confirmation of all securities and similar investments hypothecated, pledged, placed in escrow, or out for transfer with brokers, pledgees, or transfer agents

 

    Reconciliation of all such securities to the books and records of the Funds and the Custodian, FOLIOfn Investments, Inc.

 

    Agreement of five security purchases and five security sales or maturities for each Fund since May 31, 2014 (the date of our last examination) through July 25, 2014, from the books and records of the Funds to broker confirmations

We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Funds’ compliance with specified requirements.

In our opinion, management’s assertion that the Funds complied with the requirements of subsections (b)(1) and (b)(6) of Rule 17f-1 of the Investment Company Act of 1940 as of July 25, 2014, with respect to securities and similar investments reflected in the investment accounts of the Funds is fairly stated, in all material respects.

This report is intended solely for the information and use of management and the Board of Trustees of Valued Advisers Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

 

LOGO

COHEN FUND AUDIT SERVICES, LTD.

Cleveland, Ohio

November 20, 2014


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘40-17F1’ Filing    Date    Other Filings
12/31/14
Filed on / Effective on:11/21/14
11/20/14485APOS,  497,  N-14,  PRE 14A
7/25/14
5/31/1424F-2NT,  N-CSR,  NSAR-B
 List all Filings
Top
Filing Submission 0001193125-14-421994   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Thu., Mar. 28, 6:45:33.1am ET