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ROPES & GRAY LLP
PRUDENTIAL TOWER
800 BOYLSTON STREET
BOSTON, MA 02199-3600
WWW.ROPESGRAY.COM
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December 19, 2016 |
Adam M. Schlichtmann
T +1 617 951 7114
F +1 617 235 7346
adam.schlichtmann@ropesgray.com
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Re: |
Century Capital Management Trust (the “Trust” or the “Registrant”) (Registration Nos. 333-86067 and 811-09561) Review of Reports Filed under Section 13(a) of the Securities Exchange Act of 1934, as amended, as Required by Section 408 of Sarbanes-Oxley Act of 2002 (the “Reports”)
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1. |
Please consider disclosing the frequency with which management and administration fees are payable to the adviser. Consider whether the description of the terms and manner of settlement for related party transactions are appropriately disclosed.
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2. |
Please confirm if the following transactions (to the extent known) have been appropriately disclosed in the financial statements pursuant to the Financial Accounting Standards Board's Accounting Standards Codification 850-10-50 (“ASC 850-10-50”): transactions by shareholders of the funds that are other funds and entities managed by the same adviser or manager; and transactions with principal owners and other shareholders that are deemed to be affiliates of the fund.
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December 19, 2016
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