0001752724-18-001942.txt : 20181114
0001752724-18-001942.hdr.sgml : 20181114
20181114145742
ACCESSION NUMBER: 0001752724-18-001942
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 3
CONFORMED PERIOD OF REPORT: 20180831
FILED AS OF DATE: 20181114
DATE AS OF CHANGE: 20181114
EFFECTIVENESS DATE: 20181114
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: EXCHANGE TRADED CONCEPTS TRUST
CENTRAL INDEX KEY: 0001452937
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0731
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-22263
FILM NUMBER: 181182938
BUSINESS ADDRESS:
STREET 1: 10900 HEFNER POINTE DRIVE, SUITE 207
CITY: OKLAHOMA CITY
STATE: OK
ZIP: 73120
BUSINESS PHONE: 405-778-8377
MAIL ADDRESS:
STREET 1: 10900 HEFNER POINTE DRIVE, SUITE 207
CITY: OKLAHOMA CITY
STATE: OK
ZIP: 73120
FORMER COMPANY:
FORMER CONFORMED NAME: FAITHSHARES TRUST
DATE OF NAME CHANGE: 20090717
FORMER COMPANY:
FORMER CONFORMED NAME: FAITHSHARES INC
DATE OF NAME CHANGE: 20090225
FORMER COMPANY:
FORMER CONFORMED NAME: VERITAS FUNDS INC
DATE OF NAME CHANGE: 20081230
N-CEN
1
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EXCHANGE TRADED CONCEPTS TRUST
811-22263
0001452937
549300TXJW88BSB0KL90
10900 HEFNER POINTE DRIVE
SUITE 207
OKLAHOMA CITY
73120
US-OK
US
4057788377
SEI GLOBAL FUNDS SERVICES
1 Freedom Valley Drive
OAKS
19456
610-676-1000
Records as Administrator for Trust
VIDENT INVESTMENT ADVISORY LLC
300 Colonial Center Parkway
Atlanta
30076
404-487-1961
Records as Sub-Advisor for Trust
EXCHANGE TRADED CONCEPTS LLC
10900 Hefner Pointe Dr #207
Okalahoma City
73120
405-778-8377
Records as Advisor for Trust
BROWN BROTHERS HARRIMAN & CO.
50 Post Office Square
Boston
02110
617-772-1818
Records as Custodian for Trust
PENSERRA CAPITAL MANAGEMENT LLC
4 Orinda Way, Suite 100-A
Orinda
94563
800-456-8850
Records as Sub-Advisor for Trust
BROWN BROTHERS HARRIMAN & CO.
50 Post Office Square
Boston
02110
617-772-1818
Records as Transfer Agent for Trust
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Timothy Jacoby
N/A
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Mark Zurack
N/A
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Kurt Wolfgruber
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J. Garrett Stevens
N/A
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David M. Mahle
N/A
N
Joseph J. Scavetti, Jr.
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480 Swedesford r
Wayne
19406
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SEI INVESTMENTS DISTRIBTUION CO.
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Cohen & Company, Ltd
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Bernstein Global Research Fund
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VIDENT INVESTMENT ADVISORY, LLC
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8962265.00000000
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2284706.00000000
0.00000000
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Emerging Markets Internet & E-Commerce Index
S000047306
549300ZFP551IO6DFL53
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Exchange-Traded Fund
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19.68
19.65
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Brown Brothers Harriman & Co.
N/A
N
N
N/A
N/A
N/A
Rule 32a-4 (17 CFR 270.32a-4)
Rule 17e-1 (17 CFR 270.17e-1)
N
N
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N
EXCHANGE TRADED CONCEPTS LLC
801-70485
000151197
549300BB5DRIKK8VVV91
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PENSERRA CAPITAL MANAGEMENT LLC
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549300I8X5UWMSXOJ371
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N
BROWN BROTHERS HARRIMAN & CO.
84-06072
N/A
N
N
N
Pricing Direct
549300WIC0TOJ7N7GD54
N
Bloomberg
254900BF4G8VMW8GG471
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Intercontinental Exchange, Inc.
5493000F4ZO33MV32P92
N
IHS Markit
549300HLPTRASHS0E726
GB
N
S&P
549300U4VWNITEKO2881
N
Thomson Reuters Corporation
549300561UZND4C7B569
CA
N
N
BROWN BROTHERS HARRIMAN & CO.
N/A
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
BROWN BROTHERS HARRIMAN & CO.
84-06072
SEC File Number
N
N
N
SEI INVESTMENTS GLOBAL FUNDS SERVICES
801-24593
SEC File Number
N
N
N
SEI INVESTMENTS DISTRIBUTION COMPANY
8-27897
000010690
N/A
0.00000000
Penserra Securities LLC.
008-67773
000145994
549300WY8ZBI168Y6Z05
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CREDIT SUISSE FIRST BOSTON
008-00422
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1V8Y6QCX6YMJ2OELII46
66999.00000000
Penserra Securities LLC.
008-67773
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549300WY8ZBI168Y6Z05
108906.00000000
INSTINET CLEARING SERVICES
008-23669
000007897
549300MGMN3RKMU8FT57
3621.00000000
PETERSEN INVESTMENTS
008-48306
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N/A
127.00000000
179653.00000000
INSTINET CLEARING SERVICES
008-23669
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549300MGMN3RKMU8FT57
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Penserra Securities LLC.
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PETERSEN INVESTMENTS
008-48306
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CREDIT SUISSE FIRST BOSTON
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Bernstein U.S. Research Fund
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Exchange-Traded Fund
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Brown Brothers Harriman & Co.
N/A
N
N
N/A
N/A
N/A
Rule 32a-4 (17 CFR 270.32a-4)
N
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EXCHANGE TRADED CONCEPTS LLC
801-70485
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549300BB5DRIKK8VVV91
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VIDENT INVESTMENT ADVISORY LLC
801-80534
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254900XSZB691Z1A6X78
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BROWN BROTHERS HARRIMAN & CO.
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N/A
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N
N
Bloomberg
254900BF4G8VMW8GG471
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IHS Markit
549300HLPTRASHS0E726
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Thomson Reuters Corporation
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N
Pricing Direct
549300WIC0TOJ7N7GD54
N
Intercontinental Exchange, Inc.
5493000F4ZO33MV32P92
N
S&P
549300U4VWNITEKO2881
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BROWN BROTHERS HARRIMAN & CO.
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Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
BROWN BROTHERS HARRIMAN & CO.
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SEC File Number
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SEI INVESTMENTS GLOBAL FUNDS SERVICES
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SEC File Number
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SEI INVESTMENTS DISTRIBUTION COMPANY
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CSFB
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CF GLOBAL
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CREDIT SUISSE FIRST BOSTON
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CF GLOBAL
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INTERNAL CONTROL RPT
2
ETC_Bernstein_8.31_ICL.txt
ICL
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM
To the Shareholders of Bernstein U.S. Research Fund
and Bernstein Global Research Fund and
Board of Trustees of Exchange Traded Concepts Trust
In planning and performing our audit of the
financial statements of Bernstein U.S. Research Fund
and Bernstein Global Research Fund (the Funds), each
a series of Exchange Traded Concepts Trust, as of
and for the period ended August 31, 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.
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 funds
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 funds 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
funds 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 August 31, 2018.
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.
COHEN & COMPANY, LTD.
Cleveland, Ohio
October 29, 2018
INTERNAL CONTROL RPT
3
ETC_EMQQ_8.31_ICL.txt
ICL
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM
To the Shareholders of EMQQ The Emerging Markets
Internet & Ecommerce ETF and
Board of Trustees of Exchange Traded Concepts Trust
In planning and performing our audit of the
financial statements of EMQQ The Emerging Markets
Internet & Ecommerce ETF (the Fund), a series of
Exchange Traded Concepts Trust, as of and for the
year ended August 31, 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.
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 funds
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 funds 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
funds 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 August 31, 2018.
This report is intended solely for the information
and use of management and the Board of Trustees of
the Fund and the Securities and Exchange Commission
and is not intended to be and should not be used by
anyone other than these specified parties.
COHEN & COMPANY, LTD.
Cleveland, Ohio
October 29, 2018