0001752724-18-001480.txt : 20181109 0001752724-18-001480.hdr.sgml : 20181109 20181109103628 ACCESSION NUMBER: 0001752724-18-001480 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20180831 FILED AS OF DATE: 20181109 DATE AS OF CHANGE: 20181109 EFFECTIVENESS DATE: 20181109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Northern Lights Fund Trust IV CENTRAL INDEX KEY: 0001644419 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0916 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-23066 FILM NUMBER: 181171784 BUSINESS ADDRESS: STREET 1: 17605 WRIGHT STREET CITY: OMAHA STATE: NE ZIP: 68154-1150 BUSINESS PHONE: 402-895-1600 MAIL ADDRESS: STREET 1: 17605 WRIGHT STREET CITY: OMAHA STATE: NE ZIP: 68154-1150 0001644419 S000050435 Anchor Tactical Credit Strategies Fund 0001644419 S000055029 Anchor Tactical Equity Strategies Fund 0001644419 S000055030 Anchor Tactical Municipal Strategies Fund 0001644419 S000055031 Anchor Tactical Real Estate Fund 0001644419 S000059266 Sage ESG Intermediate Credit ETF N-CEN 1 primary_doc.xml X0101 N-CEN LIVE 0001644419 XXXXXXXX 811-23066 N-1A S000055031 true S000050435 true S000055029 true S000055030 true S000059266 true Northern Lights Fund Trust IV 811-23066 0001644419 549300UIBIHXQ3PDEC28 17605 Wright Street Omaha 68130 US-NE US 631-470-2600 Gemini Fund Services, LLC 17605 Wright Street Suite 2 Omaha 68130 402-493-4603 Fund Accounting and Transfer Agents Records Y N N N-1A 25 Y Joseph Breslin N/A N Charles Ranson N/A N Thomas Sarkany N/A N Northern Lights Compliance Services, LLC N/A 17605 Wright Street Omaha 68130 XXXXXX N N N N N N N Northern Lights Distributors, LLC 8-065857 N/A N/A Y N BBD LLP 552 N/A TAIT, WELLER & BAKER LLP 445 N/A N N N N N N N Anchor Tactical Real Estate Fund S000055031 549300ZQJT2Q54VMPF91 Y 1 0 0 Fund of Funds N N N N N/A 0.00 0.00 N/A Y N N N Anchor Capital Management Group, Inc. 801-61643 000123543 N/A N Gemini Fund Services, LLC 84-06083 N/A N N N ICE Data Services N/A Filling Number N N MUFG Union Bank, N.A. OX3PU53ZLPQKJ4700D47 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Gemini Fund Services, LLC 84-06083 Filling Number N N N Gemini Fund Services, LLC N/A Filling Number N N N The Goldman Sachs Group, Inc. N/A N/A 784F5XWPLTWKTBV3E584 13948.00 Jefferies Financial Group Inc. N/A N/A 549300HOF34RGOJ5YL07 1855.00 Jane Street Group, LLC N/A N/A 5493002N1IVX6KHGYO08 5812.00 Wallachbeth Capital, LLC 008-67936 000147853 549300R371KUKXEXC133 94163.00 Citadel Securities Americas Trading LLC N/A N/A 5493009E409VW0ESGS15 5880.00 Bank of America Merrill Lynch N/A N/A 5493005NJP8BSE187672 559.00 Bloomberg Inc. N/A N/A 549300RMUDWPHCUQNE66 43551.00 165768.00 0.00 N 93204901.00 0.00 N N N N Anchor Tactical Equity Strategies Fund S000055029 549300DCQXRV867P4922 Y 1 0 0 Fund of Funds N N N N N/A 0.00 0.00 N/A Y N N N Anchor Capital Management Group, Inc. 801-61643 000123543 N/A N Gemini Fund Services, LLC 84-06083 N/A N N N ICE Data Services N/A Filling Number N N MUFG Union Bank, N.A. OX3PU53ZLPQKJ4700D47 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Gemini Fund Services, LLC 84-06083 Filling Number N N N Gemini Fund Services, LLC N/A Filling Number N N N Wallachbeth Capital, LLC 008-67936 000147853 549300R371KUKXEXC133 78699.00 Bloomberg Inc. N/A N/A 549300RMUDWPHCUQNE66 5035.00 The Goldman Sachs Group, Inc. N/A N/A 784F5XWPLTWKTBV3E584 637.00 Citadel Securities Americas Trading LLC N/A N/A 5493009E409VW0ESGS15 2250.00 86621.00 0.00 N 92173744.00 0.00 N N N N Anchor Tactical Municipal Strategies Fund S000055030 549300ENYU1MCRML1T55 Y 1 0 0 Fund of Funds N N N N N/A 0.00 0.00 N/A Y Y Y N Anchor Capital Management Group, Inc. 801-61643 000123543 N/A N Gemini Fund Services, LLC 84-06083 N/A N N N ICE Data Services N/A Filling Number N N MUFG Union Bank, N.A. OX3PU53ZLPQKJ4700D47 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Gemini Fund Services, LLC 84-06083 Filling Number N N N Gemini Fund Services, LLC N/A Filling Number N N N Wallachbeth Capital, LLC 008-67936 000147853 549300R371KUKXEXC133 16728.00 Weeden & Co. L.P. N/A N/A 549300OYBLKSN8M8EW67 1866.00 Jane Street Group, LLC N/A N/A 5493002N1IVX6KHGYO08 450.00 Bank of America Merrill Lynch N/A N/A 5493005NJP8BSE187672 375.00 Cantor Fitzgerald & Co. N/A N/A 5493004J7H4GCPG6OB62 255.00 Bloomberg Inc. N/A N/A 549300RMUDWPHCUQNE66 1313.00 20987.00 Union Bank N/A N/A 549300NVZGUSYF4GKK54 245793016.00000000 245793016.00 N 50792581.00 0.00 N N N N Anchor Tactical Credit Strategies Fund S000050435 5493009PIMVZ5T620V91 Y 1 0 0 Fund of Funds N N N N N/A 0.00 0.00 N/A Y N N N Anchor Capital Management Group, Inc. 801-61643 000123543 N/A N Gemini Fund Services, LLC 84-06083 N/A N N N ICE Data Services N/A Filling Number N N MUFG Union Bank, N.A. OX3PU53ZLPQKJ4700D47 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Gemini Fund Services, LLC 84-06083 Filling Number N N N Gemini Fund Services, LLC N/A Filling Number N N N Bank of America Merrill Lynch N/A N/A 5493005NJP8BSE187672 600.00 Jefferies Financial Group Inc. N/A N/A 549300HOF34RGOJ5YL07 9554.00 The Goldman Sachs Group, Inc. N/A N/A 784F5XWPLTWKTBV3E584 5650.00 Jane Street Group, LLC N/A N/A 5493002N1IVX6KHGYO08 2066.00 Citadel Securities Americas Trading LLC N/A N/A 5493009E409VW0ESGS15 12511.00 Wallachbeth Capital, LLC 008-67936 000147853 549300R371KUKXEXC133 224079.00 Bloomberg Inc. N/A N/A 549300RMUDWPHCUQNE66 38181.00 292641.00 Union Bank N/A N/A 549300NVZGUSYF4GKK54 11964931.00 Wallachbeth Capital, LLC N/A N/A 549300R371KUKXEXC133 17956455.00 29921386.00 N 69066183.00 0.00 N N N N Sage ESG Intermediate Credit ETF S000059266 549300FTMTF6WH841Y37 Y 1 0 0 Exchange-Traded Fund N Y -0.41 -0.76 0.36 0.36 N N N N N/A 0.00 0.00 N/A Y Y Y N Sage Advisory Services, Ltd. Co. 801-52937 000106236 N/A N Brown Brothers Harriman & Co N/A 5493006KMX1VFTPYPW14 N N N ICE Data Services N/A N/A N N Brown Brothers Harriman & Co 5493006KMX1VFTPYPW14 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Brown Brothers Harriman & Co 5493006KMX1VFTPYPW14 LEI N N N Gemini Fund Services, LLC N/A N/A N N N 0.0 Gilder Gagnon Howe & Co. LLC N/A N/A J08RCYNPUV40OD9IK206 2134967.00000000 Merriman Capital N/A N/A 213800UR5MG8ST3STU41 GB 2008010.00000000 JP Morgan Chase N/A N/A 7H6GLXDRUGQFU57RNE97 12773728.00000000 WR Securities, LLC N/A N/A 254900MXRV2LE67CAZ63 1731813.00000000 MarketAxess Corporation N/A N/A GPSMMRI21JE7ZCVYF972 3602850.00000000 28718551.00 N 10821048.00 0.00 N N N N Sage ESG Intermediate Credit ETF S000059266 N 300000.00 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 true INTERNAL CONTROL RPT 2 IC_Letter_Anchor.txt ANCHOR AUDIT LETTER REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Trustees of Northern Lights Fund Trust IV and the Shareholders of Anchor Tactical Credit Strategies Fund, Anchor Tactical Equity Strategies Fund, Anchor Tactical Municipal Strategies Fund, and Anchor Tactical Real Estate Fund In planning and performing our audits of the financial statements of Anchor Tactical Credit Strategies Fund, Anchor Tactical Equity Strategies Fund, Anchor Tactical Municipal Strategies Fund, and Anchor Tactical Real Estate Fund, each a series of shares of beneficial interest in Northern Lights Fund Trust IV (the "Funds"), as of August 31, 2018, and for the year then ended, 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 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 accounting principles generally accepted in the United States of America ("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 the 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 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, 2018. This report is intended solely for the information and use of management, the shareholders of Anchor Tactical Credit Strategies Fund, Anchor Tactical Equity Strategies Fund, Anchor Tactical Municipal Strategies Fund, and Anchor Tactical Real Estate Fund, the Board of Trustees of Northern Lights Fund Trust IV 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/ BBD, LLP Philadelphia, Pennsylvania October 25, 2018 INTERNAL CONTROL RPT 3 SageNCENLetter.txt SAGE ETF NCEN AUDIT LETTER REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM Shareholders and Board of Trustees Northern Lights Fund Trust IV 80 Arkay Drive, Suite 110 Hauppauge, NY 11788 In planning and performing our audits of the financial statements of Sage ESG Intermediate Credit ETF (the Fund), 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 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 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 companys 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. 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 generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a companys 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 company's 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 material weaknesses as defined above as of August 31, 2018. This report is intended solely for the information and use of management, the Board of Trustees of the Northern Lights Fund Trust IV 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/ TAIT, WELLER & BAKER LLP Philadelphia, Pennsylvania October 30, 2018 Shareholders and Board of Trustees Northern Lights Fund Trust IV Page Two