Correspondence 0000894189-23-007006 from Advisor Managed Portfolios (CIK 0001970751)
Advisor Managed Portfolios (CIK 0001970751)
Date: Sept. 14, 2023 · CIK: 0001970751 · Accession: 0000894189-23-007006
AI Filing Summary & Sentiment
File numbers found in text: 333-273239
Letter
VIA EDGAR TRANSMISSION Division of Investment Management Washington, DC 20549 RE: Advisor Managed Portfolios (the “Trust”) Securities Act Registration No: 333-273239 Reorganization of Soundwatch Hedged Equity ETF
Dear Ms. Loko:
This correspondence is being filed in response to comments provided by the staff of the U.S. Securities and Exchange Commission on September 13, 2023, with respect to Pre-Effective Amendment No. 1 (the “Amendment”) to the Trust’s information statement/prospectus filed on Form N-14 (the “Information Statement/Prospectus”), in connection with the reorganization of the Soundwatch Hedged Equity ETF (the “Target ETF”), a series of Trust for Advised Portfolios, into the Soundwatch Hedged Equity ETF (the “Acquiring ETF”), a separate shell series of the Trust that has been registered in connection with the reorganization to facilitate the ongoing operations of the Target ETF as a series of the Trust. The Information Statement/Prospectus was filed on July 13, 2023 and the Amendment was filed on September 12, 2023. For your convenience the comments have been reproduced below in bold typeface immediately followed by the Trust’s response.
Comment 1. With respect to the Fee Table under Fees and Expenses, please also include a column for the fees for the Acquiring ETF.
Response: The Trust undertakes to include the fees for the Acquiring ETF in a filing pursuant to Rule 497.
Comment 2. With respect to the Fee Table, please include a line for “Other expenses” and show that such expenses are 0.00% of the Target ETF and Acquiring ETF’s net assets.
Response: The Trust undertakes to add this line in a filing pursuant to Rule 497.
Comment 3. With respect to the section “Reasons for the Proposed Reorganization,” please add the disclosure regarding the ongoing litigation that was previously added elsewhere in the registration statement.
Response: The Trust undertakes to add this disclosure in a filing pursuant to Rule 497.
If you have any questions or comments, please feel free to contact me at 626-914-7372.
Sincerely,
/s/ Scott Resnick
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CORRESP 1 filename1.htm Document Advisor Managed Portfolios c/o U.S. Bancorp Fund Services, LLC 615 East Michigan Street Milwaukee, Wisconsin 53202 VIA EDGAR TRANSMISSION September 14, 2023 Ms. Rachel Loko U.S. Securities and Exchange Commission Division of Investment Management 100 F Street NE Washington, DC 20549 RE: Advisor Managed Portfolios (the “Trust”) Securities Act Registration No: 333-273239 Reorganization of Soundwatch Hedged Equity ETF Dear Ms. Loko: This correspondence is being filed in response to comments provided by the staff of the U.S. Securities and Exchange Commission on September 13, 2023, with respect to Pre-Effective Amendment No. 1 (the “Amendment”) to the Trust’s information statement/prospectus filed on Form N-14 (the “Information Statement/Prospectus”), in connection with the reorganization of the Soundwatch Hedged Equity ETF (the “Target ETF”), a series of Trust for Advised Portfolios, into the Soundwatch Hedged Equity ETF (the “Acquiring ETF”), a separate shell series of the Trust that has been registered in connection with the reorganization to facilitate the ongoing operations of the Target ETF as a series of the Trust. The Information Statement/Prospectus was filed on July 13, 2023 and the Amendment was filed on September 12, 2023. For your convenience the comments have been reproduced below in bold typeface immediately followed by the Trust’s response. Comment 1. With respect to the Fee Table under Fees and Expenses, please also include a column for the fees for the Acquiring ETF. Response: The Trust undertakes to include the fees for the Acquiring ETF in a filing pursuant to Rule 497. Comment 2. With respect to the Fee Table, please include a line for “Other expenses” and show that such expenses are 0.00% of the Target ETF and Acquiring ETF’s net assets. Response: The Trust undertakes to add this line in a filing pursuant to Rule 497. Comment 3. With respect to the section “Reasons for the Proposed Reorganization,” please add the disclosure regarding the ongoing litigation that was previously added elsewhere in the registration statement. Response: The Trust undertakes to add this disclosure in a filing pursuant to Rule 497. If you have any questions or comments, please feel free to contact me at 626-914-7372. Sincerely, /s/ Scott Resnick Scott Resnick Secretary Advisor Managed Portfolios