-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, URQXBY51cARw7+FeQ2OERuHymrmxOZWt8J6sRNSivsNZznr+kTdaYJ5jKxAnV83V ZflpF6m0OFZJIkOn/3U66Q== 0000749748-06-000008.txt : 20060601 0000749748-06-000008.hdr.sgml : 20060601 20060601122011 ACCESSION NUMBER: 0000749748-06-000008 CONFORMED SUBMISSION TYPE: NSAR-B/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060331 FILED AS OF DATE: 20060601 DATE AS OF CHANGE: 20060601 EFFECTIVENESS DATE: 20060601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CASH ASSETS TRUST CENTRAL INDEX KEY: 0000749748 IRS NUMBER: 136844974 STATE OF INCORPORATION: MA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NSAR-B/A SEC ACT: 1940 Act SEC FILE NUMBER: 811-04066 FILM NUMBER: 06879166 BUSINESS ADDRESS: STREET 1: 380 MADISON AVE STREET 2: SUITE 2300 CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2126976666 MAIL ADDRESS: STREET 1: 380 MADISON AVENUE STREET 2: SUITE 2300 CITY: NEW YORK STATE: NY ZIP: 10017 0000749748 S000006652 Pacific Capital Cash Assets Trust C000018146 Pacific Capital Cash Assets Trust Original Shares CATXX C000018147 Pacific Capital Cash Assets Trust Service Shares CASXX NSAR-B/A 1 answer.fil PACIFIC CAPITAL CASH ASSETS TRUST 3/31/06 NSAR-B PAGE 1 000 B000000 03/31/2006 000 C000000 0000749748 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 Y 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 CASH ASSETS TRUST 001 B000000 811-4066 001 C000000 2126976666 002 A000000 380 MADISON AVENUE, SUITE 2300 002 B000000 NEW YORK 002 C000000 NY 002 D010000 10017 002 D020000 2511 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 3 007 C010100 1 007 C020100 PACIFIC CAPITAL CASH ASSETS TRUST 007 C030100 N 007 C010200 2 007 C020200 PACIFIC CAPITAL TAX-FREE CASH ASSETS TRUST 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0.330 049 000200 N 050 000200 N 051 000200 N 052 000200 N 053 A000200 N 055 A000200 N 055 B000200 N 056 000200 Y 057 000200 N 058 A000200 N 059 000200 Y 060 A000200 N 060 B000200 N 061 000200 1000 062 A000200 Y 062 B000200 0.0 062 C000200 0.0 062 D000200 0.0 062 E000200 99.5 062 F000200 0.0 062 G000200 0.0 062 H000200 0.0 062 I000200 0.0 062 J000200 0.0 062 K000200 0.0 062 L000200 0.0 062 M000200 0.0 062 N000200 0.0 062 O000200 0.0 062 P000200 0.0 062 Q000200 0.0 062 R000200 0.0 063 A000200 19 063 B000200 0.0 064 A000200 Y 064 B000200 N 070 A010200 Y 070 A020200 N 070 B010200 N 070 B020200 N 070 C010200 N 070 C020200 N 070 D010200 N 070 D020200 N 070 E010200 N PAGE 12 070 E020200 N 070 F010200 N 070 F020200 N 070 G010200 N 070 G020200 N 070 H010200 N 070 H020200 N 070 I010200 N 070 I020200 N 070 J010200 Y 070 J020200 N 070 K010200 Y 070 K020200 Y 070 L010200 N 070 L020200 N 070 M010200 N 070 M020200 N 070 N010200 Y 070 N020200 N 070 O010200 Y 070 O020200 Y 070 P010200 Y 070 P020200 N 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B020300 N 070 C010300 N 070 C020300 N 070 D010300 N 070 D020300 N 070 E010300 N 070 E020300 N 070 F010300 N 070 F020300 N 070 G010300 N 070 G020300 N 070 H010300 N 070 H020300 N 070 I010300 N 070 I020300 N 070 J010300 Y 070 J020300 N 070 K010300 Y 070 K020300 Y 070 L010300 N 070 L020300 N 070 M010300 N 070 M020300 N 070 N010300 Y 070 N020300 N 070 O010300 Y 070 O020300 N 070 P010300 Y 070 P020300 Y 070 Q010300 N 070 Q020300 N 070 R010300 N 070 R020300 N 071 A000300 0 071 B000300 0 071 C000300 0 071 D000300 0 072 A000300 12 072 B000300 39882 072 C000300 0 072 D000300 0 PAGE 17 072 E000300 0 072 F000300 3504 072 G000300 787 072 H000300 0 072 I000300 16 072 J000300 10 072 K000300 0 072 L000300 34 072 M000300 157 072 N000300 40 072 O000300 0 072 P000300 0 072 Q000300 29 072 R000300 21 072 S000300 109 072 T000300 1740 072 U000300 0 072 V000300 0 072 W000300 165 072 X000300 6612 072 Y000300 9 072 Z000300 33279 072AA000300 2 072BB000300 0 072CC010300 0 072CC020300 0 072DD010300 12231 072DD020300 21048 072EE000300 0 073 A010300 0.0321 073 A020300 0.0226 073 B000300 0.0000 073 C000300 0.0000 074 A000300 0 074 B000300 0 074 C000300 1318710 074 D000300 0 074 E000300 0 074 F000300 0 074 G000300 0 074 H000300 0 074 I000300 0 074 J000300 0 074 K000300 0 074 L000300 12 074 M000300 42 074 N000300 1318764 074 O000300 0 074 P000300 425 074 Q000300 0 074 R010300 0 PAGE 18 074 R020300 0 074 R030300 0 074 R040300 1672 074 S000300 0 074 T000300 1316667 074 U010300 429390 074 U020300 887206 074 V010300 1.00 074 V020300 1.00 074 W000300 1.0004 074 X000300 1443 074 Y000300 0 075 A000300 1072475 075 B000300 0 076 000300 0.00 SIGNATURE ROBERT W. ANDERSON TITLE CHIEF COMPLIANCE OFR EX-99.77B ACCT LTTR 2 cattwb306.txt INDEPENDENT REGISTERED ACCOUNTING FIRM OPINION LETTER REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM Shareholders and Board of Trustees The Pacific Capital Funds of Cash Assets Trust 380 Madison Avenue, Suite 2300 New York, New York 10017 In planning and performing our audits of the financial statements of The Pacific Capital Funds of Cash Assets Trust (the ''Trust') (comprised of Pacific Capital Cash Assets Trust, Pacific Capital Tax-Free Cash Assets Trust, and Pacific Capital U.S. Government Securities Cash Assets Trust) (the 'Funds') for the year ended March 31, 2006, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered their internal control over financial reporting, including control activities for 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-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Trust's internal control over financial reporting. Accordingly, we express no such opinion. The management of the Trust 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 wit accounting principles generally accepted in the United States of America. Such internal control includes policies and procedures that 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 control deficiency 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 significant deficiency is a control deficiency, or combination of control deficiencies, that adversely affects the company's ability to initiate, authorize, record d, process or report financial data reliably in accordance with accounting principles generally accepted in the United States of America such that there is more than a remote likelihood that a misstatement of the company's annual or interim financial statements that is more than inconsequential will not be prevented or detected. A material weakness is a significant deficiency, or combination of significant deficiencies, that results in more than a remote likelihood that a material misstatement of the annual or interim financial statements will not be prevented or detected. Our consideration of the Trust'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 significant deficiencies or material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Trust's internal control over financial reporting and its operation, including controls for safeguarding securities, which we consider to be material weaknesses, as defined above, as of March 31, 2006. This report is intended solely for the information and use of management, Shareholders and Board of Trustees of The Pacific Capital Funds of Cash Assets 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/ TAIT, WELLER & BAKER LLP - ---------------------------- TAIT, WELLER & BAKER LLP Philadelphia, Pennsylvania May 15, 2006 ?? ?? ?? ?? -----END PRIVACY-ENHANCED MESSAGE-----