0001162044-24-000144.txt : 20240209
0001162044-24-000144.hdr.sgml : 20240209
20240209112612
ACCESSION NUMBER: 0001162044-24-000144
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 4
CONFORMED PERIOD OF REPORT: 20231130
FILED AS OF DATE: 20240209
DATE AS OF CHANGE: 20240209
EFFECTIVENESS DATE: 20240209
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: MSS Series Trust
CENTRAL INDEX KEY: 0001368578
ORGANIZATION NAME:
IRS NUMBER: 000000000
STATE OF INCORPORATION: OH
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-21927
FILM NUMBER: 24613095
BUSINESS ADDRESS:
STREET 1: 8000 TOWN CENTRE DRIVE, SUITE 400
CITY: BROADVIEW HEIGHTS
STATE: OH
ZIP: 44147
BUSINESS PHONE: 440-922-0066
MAIL ADDRESS:
STREET 1: 8000 TOWN CENTRE DRIVE, SUITE 400
CITY: BROADVIEW HEIGHTS
STATE: OH
ZIP: 44147
FORMER COMPANY:
FORMER CONFORMED NAME: AMM FUNDS
DATE OF NAME CHANGE: 20071002
FORMER COMPANY:
FORMER CONFORMED NAME: FALLEN ANGELS FAMILY OF FUNDS
DATE OF NAME CHANGE: 20070611
FORMER COMPANY:
FORMER CONFORMED NAME: American Money Management Funds
DATE OF NAME CHANGE: 20060710
0001368578
S000067243
Towpath Focus Fund
C000216314
Institutional Share Class
TOWFX
0001368578
S000067244
Towpath Technology Fund
C000216315
Institutional Share Class
TOWTX
0001368578
S000067573
One Rock Fund
C000217291
One Rock Fund
0001368578
S000070562
Parvin Hedged Equity Solari World Fund
C000224129
Parvin Hedged Equity Solari World Fund
PHSWX
N-CEN
1
primary_doc.xml
X0404
N-CEN
LIVE
0001368578
XXXXXXXX
false
false
false
N-1A
S000067243
C000216314
S000067573
C000217291
S000067244
C000216315
S000070562
C000224129
MSS Series Trust
811-21927
0001368578
5493008Y245E2ZHP5235
8000 Town Centre Drive, Suite 400
Broadview Heights
44147
US-OH
US
440-922-0066
MSS Series Trust
8000 Town Centre Drive, Suite 400
Broadview Heights
44147
440-922-0066
All accounts, books and documents required to be maintained by the Registrant pursuant to Section 31(a) of the Investment Company Act of 1940 and Rules 31a-1 through 31a-3 thereunder are maintained at the office of the Registrant except all those relating to the activities of the Fund's Custodian, Transfer Agent and Shareholder Servicing Agent.
Mutual Shareholder Services, LLC
8000 Town Centre Drive, Suite 400
Broadview Heights
44147
440-922-0066
All accounts, books and documents required to be maintained by the Transfer Agent, Fund Accounting Agent and Shareholder Servicing Agent pursuant to Section 31(a) of the Investment Company Act of 1940 and Rules 31a-1 through 31a-3.
U.S. Bank, N.A.
1555 North River Center Drive
Milwaukee
53212
513-632-4140
All accounts, books and documents relating to the activities of the Funds Custodian.
U.S. Bank, N.A.
425 Walnut Street
Cincinnati
45202
513-632-2051
All accounts, books and documents relating to the activities of the Funds Custodian.
Huntington National Bank
41 South High Street
Columbus
43215
1-800-480-2001
All accounts, books and documents relating to the activities of the Funds Custodian.
Oelschlager Investments, LLC
4040 Embassy Parkway, Suite 320
Akron
44333
330-664-9920
Maintains records relating to its function as the investment adviser to the Fund.
Wrona Investment Management, LLC
P.O. 4773
Pinehurst
28374
440-922-0066
Maintains records relating to its function as the investment adviser to the Fund.
Parvin Fund Management, LLC
101 S. Reid Street, Suite 307
Sioux Falls
57103
1-866-458-4744
Maintains records relating to its function as the investment adviser to the Fund.
N
N
N-1A
4
Y
Paul K. Rode, Esq.
N/A
N
Michael Young
N/A
N
Gregory B. Getts
001300527
Y
Brandon Pokersnik
N/A
8000 Town Centre Drive, Suite 400
Broadview Heights
44147
XXXXXX
N
N
N
N
N
N
N
N
Arbor Court Capital, LLC
008-67609
000143839
N/A
Y
Ultimus Fund Distributors, LLC
008-52643
000104177
N/A
N
N
Sanville & Co.
169
N/A
Cohen & Company
925
N/A
N
N
N
N
N
N
N
Towpath Focus Fund
S000067243
549300QMJOD5VT8KIB57
N
1
0
0
N/A
Y
N
N
N
N/A
N/A
N/A
N/A
Y
N
Y
Y
Oelschlager Investments, LLC
801-117587
000306035
N/A
N
Mutual Shareholder Services, LLC
084-05821
N/A
N
N
N
FIS MARKETMAP ANALYTIC PLATFORM
N/A
N
N
U.S. Bank, N.A.
5493001WC5CQQI9L9G80
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Mutual Shareholder Services, LLC
N/A
N
N
N
Empirical Administration, LLC
N/A
N
N
N
Edward Jones
008-00759
000000250
549300HHDH8V7N22JR54
1685.19
1685.19
0
N
28312514.7
N
N
N
N
One Rock Fund
S000067573
549300WX4P7FVPSA2Y70
N
1
0
0
N/A
Y
N
N
N
N/A
N/A
N/A
Rule 18f-4 (17 CFR 270.18f-4)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Y
Y
Y
N
Wrona Investment Management, LLC
801-117877
000306791
N/A
N
Mutual Shareholder Services, LLC
084-05821
N/A
N
N
N
FIS MARKETMAP ANALYTIC PLATFORM
N/A
N
N
Huntington National Bank
2WHM8VNJH63UN14OL754
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Mutual Shareholder Services, LLC
N/A
N
N
N
Empirical Administration, LLC
N/A
N
N
N
Interactive Brokers, LLC
008-47257
000036418
50OBSE5T5521O6SMZR28
7378.65
HUNTINGTON INVESTMENT COMPANY
008-34867
000016986
5493004MEJ6IU9SR1R78
7410.36
AXOS Invest, LLC
008-69507
000172393
549300XZBEO647D7VD63
118.92
14907.93
0
N
11059155.83
N
N
N
N
Towpath Technology Fund
S000067244
549300J71MXEK085KR25
N
1
1
0
N/A
Y
N
N
N
N/A
N/A
N/A
N/A
Y
Y
Y
N
Oelschlager Investments, LLC
801-117587
000306035
N/A
N
Mutual Shareholder Services, LLC
084-05821
N/A
N
N
N
FIS MARKETMAP ANALYTIC PLATFORM
N/A
N/A
N
N
U.S. Bank, N.A.
5493001WC5CQQI9L9G80
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Mutual Shareholder Services, LLC
N/A
N/A
N
N
N
Empirical Administration, LLC
N/A
N/A
N
N
N
Edward Jones
008-00759
000000250
549300HHDH8V7N22JR54
274.77
274.77
0
N
3894242.38
N
N
N
N
Parvin Hedged Equity Solari World Fund
S000070562
549300W2W06T0TOQT059
N
1
0
0
N/A
N
N
N
N
N/A
N/A
N/A
Rule 18f-4 (17 CFR 270.18f-4)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Y
Y
Y
N
Parvin Fund Management, LLC
801-119820
000311304
N/A
N
Parvin Asset Management, LLC
801-122001
000315701
N/A
Y
N
Mutual Shareholder Services, LLC
084-05821
N/A
N
N
N
FIS MARKETMAP ANALYTIC PLATFORM
N/A
N/A
N
N
U.S. Bank, N.A.
5493001WC5CQQI9L9G80
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Mutual Shareholder Services, LLC
N/A
N/A
N
N
N
Empirical Administration, LLC
N/A
N/A
N
N
N
Interactive Brokers, LLC
008-47257
000036418
50OBSE5T5521O6SMZR28
1260.38
1260.38
0
N
5093500.82
N
N
N
N
false
false
true
false
false
false
INTERNAL CONTROL RPT
2
ncentowpath.txt
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Shareholders of Towpath Funds and
Board of Trustees of MSS Series Trust
In planning and performing our audit of the financial statements of Towpath
Focus Fund and Towpath Technology Fund, each series of MSS Series Trust, (the
"Funds") as of and for the year ended November 30, 2023, in accordance with the
standards of the Public Company Accounting Oversight Board (United States)
(PCAOB), 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.
The 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 fund's 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 (GAAP). A fund's 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 fund; (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 fund are being made only in accordance with
authorizations of management and trustees of the fund; and (3) provide
reasonable assurance regarding prevention or timely detection of unauthorized
acquisition, use or disposition of a fund's 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 PCAOB. 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 November 30, 2023.
This report is intended solely for the information and use of management and the
Board of Trustees of the Funds 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/ COHEN & COMPANY, LTD.
COHEN & COMPANY, LTD.
Cleveland, Ohio
January 29, 2024
INTERNAL CONTROL RPT
3
onerockinternalcontrolncen.txt
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Trustees and Shareholders of the One Rock Fund,
a series of MSS Series Trust
In planning and performing our audit of the financial statements of the One Rock
Fund, a series of MSS Series Trust,
as of and for the year ended November 30, 2023, in accordance with the
standards of the Public Company Accounting Oversight Board (United States)
(PCAOB), we considered the Fund's 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 Fund's internal
control over financial reporting. Accordingly, we express no such opinion.
The management of the Fund 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 company's 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 (GAAP). A company's 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 company's assets that could have a material
effect on the financial statements.
Because of 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
Fund's annual or interim financial statements will not be prevented or detected
on a timely basis.
Our consideration of the Fund's 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 PCAOB. However, we noted no
deficiencies in the One Rock Fund's 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 November 30, 2023.
This report is intended solely for the information and use of management and the
Board of Trustees of the One Rock Fund, a series of the MSS Series 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/ SANVILLE & COMPANY
Huntingdon Valley, Pennsylvania
January 29, 2024
INTERNAL CONTROL RPT
4
parvinfundinternalcontrolnce.txt
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Trustees and Shareholders of the
Parvin Hedged Equity Solari World Fund, a series of MSS Series Trust
In planning and performing our audit of the financial statements of the Parvin
Hedged Equity Solari World Fund, a series of MSS Series Trust, as of and for the
year ended November 30, 2023, in accordance with the standards of the Public
Company Accounting Oversight Board (United States) (PCAOB), we considered the
Fund's 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 Fund's internal control over financial
reporting. Accordingly, we express no such opinion.
The management of the Fund 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 company's 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 (GAAP). A company's 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 company's assets that could have a material
effect on the financial statements.
Because of 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
Fund's annual or interim financial statements will not be prevented or detected
on a timely basis.
Our consideration of the Fund's 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 PCAOB. However, we noted no
deficiencies in the Parvin Hedged Equity Solari World Fund's 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
November 30, 2023.
This report is intended solely for the information and use of management and the
Board of Trustees of the Parvin Hedged Equity Solari World Fund, a series of the
MSS Series 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/ SANVILLE & COMPANY
Huntingdon Valley, Pennsylvania
January 29, 2024