Correspondence 0001839882-23-030724 from SP Funds Trust (CIK 0001989916)
SP Funds Trust (CIK 0001989916)
Date: Nov. 15, 2023 · CIK: 0001989916 · Accession: 0001839882-23-030724
AI Filing Summary & Sentiment
File numbers found in text: 333-274015, 811-23893
Letter
VIA EDGAR Division of Investment Management SP Funds S&P Sharia Global Technology ETF SP Funds S&P World ETF Registration Statement on Form N-1A File Nos. 333-274015 and 811-23893
Dear Mr. Bellacicco:
On behalf of the registrant, SP Funds Trust (the “Registrant”), we are responding to the Staff’s comments in regards to the Registrant’s Pre-Effective Amendment No. 1 to the registration statement on Form N-1A (the “Registration Statement”). For convenience, the comments are restated below, with the response immediately following. In addition, this filing reflects the completion of all missing information in the Registration Statement and the fling of all remaining exhibits.
PROSPECTUS
Fees and Expenses of the Funds – Prospectus Summary for each Fund
1. Please add an additional line item with respect to Acquired Fund Fees and Expenses (“AFFE”) or confirm such amounts are expected to be less than .01%.
RESPONSE: Registrant confirms that AFFE for each Fund is expected to be less than .01%.
Principal Investment Strategies – Prospectus Summary for each Fund
2. Please confirm whether investments in other investment companies is a principal investment strategy of the Funds.
RESPONSE: Registrant confirms that investment in other investment companies is not a principal investment strategy of the Funds.
If you have any questions regarding these responses, please contact the undersigned at (312) 609-7661.
Very truly yours,
/s/
Deborah Bielicke Eades
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CORRESP
1
filename1.htm
November 15, 2023
Chicago
New York
Washington, DC
London
San Francisco
Los Angeles
Singapore
Dallas
Miami
vedderprice.com
Deborah Bielicke Eades
Shareholder
+1 312 609 7661
deades@vedderprice.com
VIA EDGAR
U.S. Securities and Exchange Commission
Division of Investment Management
100 F Street NE
Washington, DC 20549
Attn: Mr. Christopher R. Bellacicco
Re:
SP Funds S&P Sharia Global Technology ETF
SP Funds S&P World ETF
Registration Statement on Form N-1A
File Nos. 333-274015 and 811-23893
Dear Mr. Bellacicco:
On behalf of the registrant, SP Funds Trust
(the “Registrant”), we are responding to the Staff’s comments in regards to the Registrant’s Pre-Effective Amendment
No. 1 to the registration statement on Form N-1A (the “Registration Statement”). For convenience, the comments are restated
below, with the response immediately following. In addition, this filing reflects the completion of all missing information in the Registration
Statement and the fling of all remaining exhibits.
PROSPECTUS
Fees and Expenses of the Funds – Prospectus
Summary for each Fund
1. Please add an additional line item with respect to Acquired Fund Fees and Expenses (“AFFE”)
or confirm such amounts are expected to be less than .01%.
RESPONSE:
Registrant confirms that AFFE for each Fund is expected to be less than .01%.
Principal Investment Strategies – Prospectus
Summary for each Fund
2. Please confirm whether investments in other investment companies is a principal investment strategy of
the Funds.
RESPONSE:
Registrant confirms that investment in other investment companies is not a principal investment strategy of the Funds.
If you have any questions regarding
these responses, please contact the undersigned at (312) 609-7661.
Very truly yours,
/s/
Deborah Bielicke Eades
Deborah Bielicke Eades
Shareholder
222 North LaSalle Street | Chicago, Illinois 60601 | T +1 312 609
7500 | F +1 312 609 5005
Vedder
Price P.C. is affiliated with Vedder Price LLP, which operates in England and Wales, Vedder Price (CA), LLP, which operates in California,
Vedder Price Pte. Ltd., which operates in Singapore, and Vedder Price (FL) LLP, which operates in Florida