0001752724-19-190055.txt : 20191216
0001752724-19-190055.hdr.sgml : 20191216
20191216122217
ACCESSION NUMBER: 0001752724-19-190055
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20190930
FILED AS OF DATE: 20191216
DATE AS OF CHANGE: 20191216
EFFECTIVENESS DATE: 20191216
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Advisors Preferred Trust
CENTRAL INDEX KEY: 0001556505
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-22756
FILM NUMBER: 191286474
BUSINESS ADDRESS:
STREET 1: 1445 RESEARCH BOULEVARD
STREET 2: SUITE 530
CITY: ROCKVILLE
STATE: MD
ZIP: 20850
BUSINESS PHONE: 2402231998
MAIL ADDRESS:
STREET 1: 1445 RESEARCH BOULEVARD
STREET 2: SUITE 530
CITY: ROCKVILLE
STATE: MD
ZIP: 20850
0001556505
S000043121
Spectrum Low Volatility Fund
C000133465
Spectrum Low Volatility Fund Investor Class Shares
SVARX
0001556505
S000049076
Spectrum Advisors Preferred Fund
C000154799
Investor Class Shares
SAPEX
N-CEN
1
primary_doc.xml
X0201
N-CEN
LIVE
0001556505
XXXXXXXX
811-22756
false
false
false
N-1A
S000043121
C000133465
S000049076
C000154799
Advisors Preferred Trust
811-22756
0001556505
549300VBL7C31PY2VZ37
1445 Research Blvd.
Suite 530
Rockville
20850
US-MD
US
855-647-8268
Gemini Fund Services LLC
17645 Wright Street
Suite 200
Omaha
68130
402-493-4603
Fund Accounting and Transfer Agent Records
N
N
N
N-1A
15
Y
Felix Rivera
N/A
N
Catherine Ayers-Rigsby
N/A
Y
David Feldman
N/A
N
Charles R. Ranson
N/A
N
Brian S. Humphrey
N/A
Y
R. Michael Fox
N/A
1445 Research Blvd.
Suite 530
Rockville
20850
XXXXXX
N
N
N
N
N
N
N
Ceros Financial Services, Inc.
8-47955
000037869
549300N2YQ0P5G0WE562
Y
N
Cohen & Company
925
N/A
N
N
N
N
N
N
N
Spectrum Low Volatility Fund
S000043121
549300KECB5IIXYTMM56
N
1
0
0
Fund of Funds
N
N
N
N
N/A
0.00000000
0.00000000
Rule 17e-1 (17 CFR 270.17e-1)
Rule 32a-4 (17 CFR 270.32a-4)
N
N
N
N
Advisors Preferred, LLC
801-72430
000157980
549300TRU3LKQM6T8K44
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
Filing Number
N
N
U.S. BANK, N.A.
6BYL5QZYBDK8S7L73M02
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Ceros Finacial Services, Inc.
8-47955
000037869
549300N2YQ0P5G0WE562
38912
38912
Ceros Finacial Services, Inc.
8-47955
000037869
549300N2YQ0P5G0WE562
213255065
213255065
N
73350868
0
N
N
N
N
Spectrum Advisors Preferred Fund
S000049076
54930044QDSUUH44JO68
N
1
0
0
Fund of Funds
N
N
N
N
N/A
0.00000000
0.00000000
Rule 17e-1 (17 CFR 270.17e-1)
Rule 32a-4 (17 CFR 270.32a-4)
N
N
N
N
Advisors Preferred, LLC
801-72430
000157980
549300TRU3LKQM6T8K44
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
Filing Number
N
N
U.S. BANK, N.A.
6BYL5QZYBDK8S7L73M02
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Gemini Fund Services, LLC
84-06083
Filing Number
N
N
N
Ceros Finacial Services, Inc.
8-47955
000037869
549300N2YQ0P5G0WE562
7636
7636
Ceros Finacial Services, Inc.
8-47955
000037869
549300N2YQ0P5G0WE562
10213820
10213820
N
11689385
0
N
N
N
N
true
INTERNAL CONTROL RPT
2
spectrum.ncen.txt
SPECTRUM IC LETTER
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM
To the Shareholders of Spectrum Low Volatility Fund and
Spectrum Advisors Preferred Fund and Board of Trustees of
Advisors Preferred Trust
In planning and performing our audit of the financial
statements of Spectrum Low Volatility Fund and Spectrum
Advisors Preferred Fund (the Funds), each a series of Advisors
Preferred Trust, as of and for the year ended September 30,
2019, 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 September 30, 2019.
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.
Chicago, Illinois
November 26, 2019