0001752724-18-001209.txt : 20181030
0001752724-18-001209.hdr.sgml : 20181030
20181030163411
ACCESSION NUMBER: 0001752724-18-001209
CONFORMED SUBMISSION TYPE: N-CEN/A
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20180630
FILED AS OF DATE: 20181030
DATE AS OF CHANGE: 20181030
EFFECTIVENESS DATE: 20181030
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW COVENANT FUNDS
CENTRAL INDEX KEY: 0001070222
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: N-CEN/A
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-09025
FILM NUMBER: 181147365
BUSINESS ADDRESS:
STREET 1: 200 EAST 12TH ST
CITY: JEFFERSONVILLE
STATE: IN
ZIP: 47130
BUSINESS PHONE: 5025695984
MAIL ADDRESS:
STREET 1: 200 EAST 12TH ST
CITY: JEFFERSONVILLE
STATE: IN
ZIP: 47130
N-CEN/A
1
primary_doc.xml
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N-CEN/A
0001752724-18-000131
LIVE
0001070222
XXXXXXXX
811-09025
true
true
false
N-1A
true
NEW COVENANT FUNDS
811-09025
0001070222
RVB8BBBTG6J5RT8BQ908
1 FREEDOM VALLEY DRIVE
OAKS
19456
US-PA
US
877-835-4531
SEI Investments Global Funds Services
1 Freedom Valley Drive
OAKS
19456
610-676-1000
Records as Administrator to Trust
Brown Brothers Harriman & Co.
40 Water Street
Boston
02109
617-772-1818
Records as Custodian of Trust
BlackRock Investment Management, LLC
1 University Square Drive
Princeton
08540
800-441-7762
Records as Sub-Adviser to Trust
SEI Investments Management Corporation
1 Freedom Valley Drive
OAKS
19456
610-676-1000
Records as Adviser for Trust
Income Research & Management
100 Federal Street
30th Floor
Boston
02110
617-330-9333
Records as Sub-Adviser to Trust
U.S. Bank National Association
425 Walnut Street
Cincinnati
45202
800-872-2657
Records as Custodian to Trust
Coho Partners, Ltd.
300 Berwyn Park, 801 Cassarr Road
Suite 100
Berwyn
19312
484-318-7575
Records as Sub-Adviser to Trust
Western Asset Management Company Limited
10 Exchange Square
Primrose Street
London
GB
EC2A 2 EN
011-44-20-7422-3000
Records as Sub-Adviser to Trust
SEI Investments Distribution Co.
1 Freedom Valley Drive
Oaks
19456
610-676-1000
Records as Distributor for Trust
Parametric Portfolio Associates LLC
1918 Eighth Avenue
Suite 3100
Seattle
98101
206-694-5575
Records as Sub-Adviser to Trust
Brandywine Global Investment Management, LLC
1735 Market Street
Suite 1800
Philadelphia
19104
215-609-3500
Records as Sub-Adviser to Trust
Western Asset Management Company
385 East Colorodo Boulevard
Pasadena
91101
626-844-9400
Records as Sub-Adviser to Trust
US Bancorp Fund Services LLC
777 East Wisconsin Ave
Milwaukee
53202
800-300-3863
Records as Transfer Agent for Trust
Y
N
N
N-1A
4
Y
George J. Sullivan Jr.
N/A
N
Nina Lesavoy
004845348
N
James B. Taylor
N/A
N
Mitchell A. Johnson
N/A
N
Hubert L. Harris, Jr.
N/A
N
James M. Williams
N/A
N
Robert A. Nesher
N/A
Y
William M. Doran
N/A
Y
Susan C. Cote
N/A
N
Russell Emery
N/A
1 Freedom Valley Drive
Oaks
19456
XXXXXX
N
N
N
N
N
N
SEI INVESTMENTS DISTRIBUTION CO.
8-27897
000010690
N/A
Y
N
KPMG, LLP
185
549300G1CEVDWVMRLW77
N
N
N
N
N
N
New Covenant Balanced Growth Fund
S000005023
549300XHCSLGGDXZ1F50
Y
1
0
0
Fund of Funds
N
N
N
N
N/A
N/A
N/A
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
SEI INVESTMENTS MANAGEMENT CORPORATION
801-24593
000105146
Q33VOZOFSDXYC0TV0J12
N
U.S. BANCORP FUND SERVICES, LLC
85-11357
N1GZ7BBF3NP8GI976H15
N
N
N
N
US BANK, N.A.
N1GZ7BBF3NP8GI976H15
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
SEI INVESTMENTS DISTRIBUTION COMPANY
8-27897
SEC File Number
Y
N
SEI Private Trust Company
5LJTIFADGZ6XH1RVOC11
Y
Y
LPL Financial
8-17668
SEC File Number
N
N
TD Ameritrade, Inc.
CWQYQU0TV2NLMLZKNB44
N
N
New Covenant Trust Company
RVB8BBBTG6J5RT8BQ908
Y
N
Raymond James & Associates
008-10999
SEC File Number
N
N
N
SEI Investments Global Funds Services
SEC file number
8-27897
Y
N
N
SEI INVESTMENTS DISTRIBUTION COMPANY
8-27897
000010690
N/A
0.00000000
0.00000000
0
N
292028801.11632901
N
N
N
N
New Covenant Growth Fund
S000024941
549300YB0YZR8HNCVV63
Y
1
0
0
N/A
N
N
N
N
N/A
N/A
N/A
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
SEI INVESTMENTS MANAGEMENT CORPORATION
801-24593
000105146
Q33VOZOFSDXYC0TV0J12
N
Brandywine Global Investment Management, LLC
801-27797
000110783
8GTBE30G9EQQ2JEJZ302
N
N
Parametric Portfolio Associates LLC
801-60485
000114310
549300S4WU4W1Z92RF77
N
N
Coho Partners, Ltd.
801-60111
000111335
N/A
N
N
BlackRock Investment Management, LLC
801-56972
000108928
5493006MRTEZZ4S4CQ20
N
N
U.S. BANCORP FUND SERVICES, LLC
85-11357
N1GZ7BBF3NP8GI976H15
N
N
N
Thomson Reuters Corporation
549300561UZND4C7B569
CA
N
Bloomberg
254900BF4G8VMW8GG471
N
Intercontinental Exchange, Inc.
5493000F4ZO33MV32P92
N
IHS Markit
549300HLPTRASHS0E726
GB
N
N
Brown Brothers Harriman
N/A
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
RBC INV SERVICES
N/A
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
SEI INVESTMENTS DISTRIBUTION COMPANY
8-27897
SEC File Number
Y
N
Raymond James & Associates
008-10999
SEC File Number
N
N
SEI Private Trust Company
5LJTIFADGZ6XH1RVOC11
Y
Y
TD Ameritrade, Inc.
CWQYQU0TV2NLMLZKNB44
N
N
New Covenant Trust Company
RVB8BBBTG6J5RT8BQ908
Y
N
LPL Financial
8-17668
SEC File Number
N
N
N
SEI INVESTMENTS GLOBAL FUNDS SERVICES
SEC file number
8-27897
Y
N
N
SEI INVESTMENTS DISTRIBUTION COMPANY
8-27897
000010690
N/A
0.00000000
JEFFERIES LLC
008-15074
000002347
58PU97L1C0WSRCWADL48
10607.01999999
LOOP CAPITAL MARKETS LLC
008-50140
000043098
254900FPPM2WN90D4786
2296.89000000
MORGAN STANLEY & CO, INC
008-15869
000149777
9R7GPTSO7KV3UQJZQ078
33.74000000
RBC CAPITAL
008-45411
000031194
549300LCO2FLSSVFFR64
2892.19999999
CREDIT SUISSE SECURITIES (USA) LLC
008-00422
000000816
1V8Y6QCX6YMJ2OELII46
31.00000000
INSTINET, LLC
008-23669
000007897
549300MGMN3RKMU8FT57
3863.25999999
LIQUIDNET
008-52461
000103987
213800HSKBBO1GCVRG79
395.00000000
ITG INC.
008-44218
000029299
549300S41SMIODVIT266
298.52000000
J.P. MORGAN SECURITIES LLC
008-35008
000000079
ZBUT11V806EZRVTWT807
168.69999999
WEEDEN & COMPANY
008-37267
000016835
549300OYBLKSN8M8EW67
5848.75999999
26470.00000000
3721917.00000000
Y
432645281.00000000
N
N
N
N
New Covenant Income Fund
S000024942
YXU517QXOB92KBEH0A38
Y
1
0
0
N/A
N
N
N
N
N/A
N/A
N/A
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
SEI INVESTMENTS MANAGEMENT CORPORATION
801-24593
000105146
Q33VOZOFSDXYC0TV0J12
N
Income Research & Management
801-29482
000104863
254900RO33N8JBVSKJ39
N
N
Western Asset Management Company Limited
801-21068
000110427
549300IVCLHPHPOYT226
N
GB
N
Western Asset Management Company
801-8162
000110441
549300C5A561UXUICN46
N
N
U.S. BANCORP FUND SERVICES, LLC
85-11357
N1GZ7BBF3NP8GI976H15
N
N
N
Thomson Reuters Corporation
549300561UZND4C7B569
CA
N
IHS Markit
549300HLPTRASHS0E726
GB
N
Intercontinental Exchange, Inc.
5493000F4ZO33MV32P92
N
Bloomberg
254900BF4G8VMW8GG471
N
N
US BANK, N.A.
N1GZ7BBF3NP8GI976H15
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Royal Bank of Canada
N/A
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
N/A
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear Bank
N/A
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
SEI INVESTMENTS DISTRIBUTION COMPANY
8-27897
SEC File Number
Y
N
SEI Private Trust Company
5LJTIFADGZ6XH1RVOC11
Y
Y
LPL Financial
5493005NM7F0H1N3EQ39
N
N
New Covenant Trust Company
RVB8BBBTG6J5RT8BQ908
Y
N
TD Ameritrade, Inc.
CWQYQU0TV2NLMLZKNB44
N
N
Raymond James
BJXJW0QPHK3JR8A9D249
N
N
N
SEI INVESTMENTS GLOBAL FUNDS SERVICES
SEC file number
8-27897
Y
N
N
SEI INVESTMENTS DISTRIBUTION COMPANY
8-27897
000010690
N/A
0.00000000
MORGAN STANLEY & CO, INC
008-15869
000149777
9R7GPTSO7KV3UQJZQ078
2067.85000000
ITG INC.
008-44218
000029299
549300S41SMIODVIT266
887.00000000
MERRILL LYNCH, PIERCE, FENNER & SMITH
008-07221
000007691
8NAV47T0Y26Q87Y0QP81
550.29999999
CROWELL, WEEDON & CO., INC.
008-02399
000000199
ZE2ZWJ5BTIQJ8M0C6K34
2867.05000000
CITIGROUP GLOBAL MARKETS
008-08177
000007059
MBNUM2BPBDO7JBLYG310
2235.80000000
RJ O'BRIEN
008-67587
000143624
549300BSZNPQJNYIAD03
1771.89999999
NOMURA SECURITIES INTERNATIONAL, INC.
008-15255
000004297
OXTKY6Q8X53C9ILVV871
1805.39999999
RBC CAPITAL
008-45411
000031194
549300LCO2FLSSVFFR64
2673.10000000
ADVANTAGE TRADING GROUP INC
N/A
000000000
N/A
700.15000000
WELLS FARGO SECURITIES
008-65876
000126292
VYVVCKR63DVZZN70PB21
1494.35000000
20175.00000000
BANK OF NOVA SCOTIA
008-03716
000002739
N/A
387254.30000000
RBC CAPITAL MARKETS, LLC
008-45411
000031194
549300LCO2FLSSVFFR64
5299205.79000000
NORTHERN CAPITAL ADVISORS
008-49130
000040659
254900ZANH7XTB94LS53
804323.82999999
BOFAML SECURITIES, INC.
008-69787
000283942
549300HN4UKV1E2R3U73
7216090.62999999
RBS SECURITIES
008-37135
000011707
ZE2ZWJ5BTIQJ8M0C6K34
2937052.58000000
U.S. BANCORP INVESTMENTS, INC.
008-35359
000017868
H85Z6XZP8B10ES0M2G89
295808.36000000
CREDIT AGRICOLE SECURITIES (USA) INC.
008-13753
000000190
N/A
499493.92000000
TD NEWCREST
008-36747
000018476
SUVUFHICNZMP2WKHG940
773932.86000000
KEYBANC CAPITAL MARKETS
008-30177
000000566
2EQWV0180Z211YVAD813
571856.52000000
BNY MELLON CAPITAL MARKETS, LLC
008-35255
000010286
VJW2DOOHGDT6PR0ZRO63
1356411.95000000
3721917.00000000
N
314389321.00000000
N
N
N
N
New Covenant Balanced Income Fund
S000024940
549300YB0YZR8HNCVV63
Y
1
0
0
Fund of Funds
N
N
N
N
N/A
N/A
N/A
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
SEI INVESTMENTS MANAGEMENT CORPORATION
801-24593
000105146
Q33VOZOFSDXYC0TV0J12
N
U.S. BANCORP FUND SERVICES, LLC
85-11357
N1GZ7BBF3NP8GI976H15
N
N
N
N
US BANK, N.A.
N1GZ7BBF3NP8GI976H15
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
SEI INVESTMENTS DISTRIBUTION COMPANY
8-27897
SEC File Number
Y
N
LPL Financial
8-17668
SEC File Number
N
N
TD Ameritrade, Inc.
CWQYQU0TV2NLMLZKNB44
N
N
SEI Private Trust Company
5LJTIFADGZ6XH1RVOC11
Y
Y
New Covenant Trust Company
RVB8BBBTG6J5RT8BQ908
Y
N
Raymond James & Associates
008-10999
SEC File Number
N
N
N
SEI Investments Global Funds Services
SEC file number
8-27897
Y
N
N
SEI INVESTMENTS DISTRIBUTION COMPANY
8-27897
000010690
N/A
0.00000000
0.00000000
0
N
78783329.01101370
N
N
N
N
INTERNAL CONTROL RPT
2
ICL.txt
INTERNAL CONTROL LETTER
Report of Independent Registered Public Accounting
Firm
To the Board of Trustees and Shareholders
New Covenant Funds:
In planning and performing our audit of the
financial statements of New Covenant Funds,
comprised of New Covenant Growth Fund, New Covenant
Income Fund, New Covenant Balanced Growth Fund, and
New Covenant Balanced Income Fund (collectively, the
Funds) as of and for the year ended June 30, 2018,
in accordance with the standards of the Public
Company Accounting Oversight Board (United States),
we considered the Funds internal control over
financial reporting, including controls over
safeguarding securities, as a basis for designing
our auditing procedures for the purpose of
expressing our opinion on the financial statements
and to comply with the requirements of Form N-CEN,
but not for the purpose of expressing an opinion on
the effectiveness of the Funds internal control over
financial reporting. Accordingly, we express no such
opinion.
Management of the Funds is responsible for
establishing and maintaining effective internal
control over financial reporting. In fulfilling this
responsibility, estimates and judgments by
management are required to assess the expected
benefits and related costs of controls. A companys
internal control over financial reporting is a
process designed to provide reasonable assurance
regarding the reliability of financial reporting and
the preparation of financial statements for external
purposes in accordance with generally accepted
accounting principles. A companys internal control
over financial reporting includes those policies and
procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and
fairly reflect the transactions and dispositions of
the assets of the company; (2) provide reasonable
assurance that transactions are recorded as
necessary to permit preparation of financial
statements in accordance with GAAP, and that
receipts and expenditures of the company are being
made only in accordance with authorizations of
management and trustees of the company; and (3)
provide reasonable assurance regarding prevention or
timely detection of unauthorized acquisition, use or
disposition of a companys assets that could have a
material effect on the financial statements.
Because of its inherent limitations, internal
control over financial reporting may not prevent or
detect misstatements. Also, projections of any
evaluation of effectiveness to future periods are
subject to the risk that controls may become
inadequate because of changes in conditions, or that
the degree of compliance with the policies or
procedures may deteriorate.
A deficiency in internal control over financial
reporting exists when the design or operation of a
control does not allow management or employees, in
the normal course of performing their assigned
functions, to prevent or detect misstatements on a
timely basis. A material weakness is a deficiency,
or combination of deficiencies, in internal control
over financial reporting, such that there is a
reasonable possibility that a material misstatement
of the Funds annual or interim financial statements
will not be prevented or detected on a timely basis.
Our consideration of the Funds internal control over
financial reporting was for the limited purpose
described in the first paragraph and would not
necessarily disclose all deficiencies in internal
control that might be material weaknesses under
standards established by the Public Company
Accounting Oversight Board (United States). However,
we noted no deficiencies in the Funds internal
control over financial reporting and its operation,
including controls over safeguarding securities,
that we consider to be a material weakness as
defined above as of June 30, 2018.
This report is intended solely for the information
and use of management and the Board of Trustees of
SEI Insurance Products 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.
/s/ KPMG LLP
Philadelphia, PA
August 28, 2018