<SEC-DOCUMENT>0001398344-21-005352-index.html : 20210302
<SEC-HEADER>0001398344-21-005352.hdr.sgml : 20210302
<ACCEPTANCE-DATETIME>20210302144657
ACCESSION NUMBER:		0001398344-21-005352
CONFORMED SUBMISSION TYPE:	N-CSRS
PUBLIC DOCUMENT COUNT:		8
CONFORMED PERIOD OF REPORT:	20201231
FILED AS OF DATE:		20210302
DATE AS OF CHANGE:		20210302
EFFECTIVENESS DATE:		20210302

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CUTLER TRUST
		CENTRAL INDEX KEY:			0000892568
		IRS NUMBER:				133693851
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		N-CSRS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07242
		FILM NUMBER:		21702868

	BUSINESS ADDRESS:	
		STREET 1:		C/O ULTIMUS FUND SOLUTIONS, LLC
		STREET 2:		225 PICTORIA DRIVE, SUITE 450
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45246
		BUSINESS PHONE:		513-587-3400

	MAIL ADDRESS:	
		STREET 1:		C/O ULTIMUS FUND SOLUTIONS, LLC
		STREET 2:		225 PICTORIA DRIVE, SUITE 450
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45246
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000892568
<SERIES-ID>S000001540
<SERIES-NAME>Cutler Equity Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000222167
<CLASS-CONTRACT-NAME>Class II Shares
<CLASS-CONTRACT-TICKER-SYMBOL>DIVHX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSRS
<SEQUENCE>1
<FILENAME>fp0062769_ncsrs.htm
<TEXT>
Document 1 - file: fp0062769_ncsrs.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>fp0062769_ex99cert.htm
<TEXT>
Document 2 - file: fp0062769_ex99cert.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906 CERT
<SEQUENCE>3
<FILENAME>fp0062769_ex9906cert.htm
<TEXT>
Document 3 - file: fp0062769_ex9906cert.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>fp0061515_i.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 4 - file: fp0061515_i.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>fp0061515_3.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 5 - file: fp0061515_3.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>fp0061515_3a.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 6 - file: fp0061515_3a.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>fp0061515_4.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 7 - file: fp0061515_4.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>fp0061515_5.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 8 - file: fp0061515_5.jpg

</DOCUMENT>
</SEC-DOCUMENT>