0001752724-21-235822.txt : 20211112
0001752724-21-235822.hdr.sgml : 20211112
20211112112202
ACCESSION NUMBER: 0001752724-21-235822
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20210831
FILED AS OF DATE: 20211112
DATE AS OF CHANGE: 20211112
EFFECTIVENESS DATE: 20211112
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: 211401505
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
S000065875
Hundredfold Select Alternative Fund
C000212830
Hundredfold Select Alternative Fund Service Class Shares
C000212831
Hundredfold Select Alternative Fund Investor Class Shares
N-CEN
1
primary_doc.xml
X0404
N-CEN
LIVE
0001556505
XXXXXXXX
811-22756
false
false
false
N-1A
S000065875
true
Advisors Preferred Trust
811-22756
0001556505
549300VBL7C31PY2VZ37
1445 Research Blvd.
Suite 530
Rockville
20850
US-MD
US
855-647-8268
Gemini Fund Services LLC
4221 North 203rd St
Suite 100
Elkhorn
68022
402-493-4603
Fund Accounting and Transfer Agent Records
N
N
N
N-1A
21
Y
David Feldman
N/A
N
Catherine Ayers-Rigsby
N/A
Y
Charles R. Ranson
N/A
N
Brian S. Humphrey
N/A
Y
Felix Rivera
N/A
N
Angela Holland
004420688
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
Hundredfold Select Alternative Fund
S000065875
549300074VHDTO26DF48
N
2
0
0
N/A
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
N/A
N/A
N
Hundredfold Advisors, LLC
801-63226
N/A
N/A
N
N
Gemini Fund Services, LLC
84-06083
N/A
N
N
N
ICE Data Services
N/A
N
Bloomberg
N/A
N
N
U.S. Bank N.A.
6BYL5QZYBDK8S7L73M02
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Barclays Capital, Inc.
AC28XWWI3WIBK2824319
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
ADM Investor Services
I9O8MELCUVOTLJABOX92
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
CREDIT SUISSE (USA)
549300506SI9CRFV9Z86
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
CIBC WORLD MARKETS CORP.
549300445CON3DBMU275
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Gemini Fund Services, LLC
84-06083
File number
N
N
N
Gemini Fund Services, LLC
84-06083
File number
N
N
N
Ceros Financial Services, Inc.
8-47955
000037869
549300N2YQ0P5G0WE562
339.00000000
Ceros Financial Services, Inc.
8-47955
000037869
549300N2YQ0P5G0WE562
339.00000000
339.00000000
Ceros Financial Services, Inc.
8-47955
000037869
549300N2YQ0P5G0WE562
7455513669.00000000
ADM Investor Services
8-45590
000031973
I9O8MELCUVOTLJABOX92
125749441.00000000
US Bancorp Investments, Inc.
8-35359
000017868
H85Z6XZP8B10ES0M2G89
325654907.00000000
7906918017.00000000
N
235860834.00000000
N
N
N
N
true
INTERNAL CONTROL RPT
2
HundredfoldNCENLetter.txt
HUNDREDFOLD IC LETTER
REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM
To the Shareholders of Hundredfold Select Alternative Fund
and Board of Trustees of Advisors Preferred Trust
In planning and performing our audit of the consolidated
financial statements of Hundredfold Select Alternative Fund
(the Fund), a series of Advisors Preferred Trust, as of and
for the year ended August 31, 2021, 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 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 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 August 31, 2021.
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.
/s/ COHEN & COMPANY, LTD.
Chicago, Illinois
October 28, 2021