UNIFIED SERIES TRUST
225 Pictoria Drive, Suite 450
Cincinnati, OH 45246
September 16, 2022
Division of Investment Management
Disclosure Review and Accounting Office
U.S. Securities and Exchange Commission
New York Regional Office
100 Pearl Street, Suite 20-100
New York, NY 10004-2616
Attention: Ms. Mindy Rotter, Esq., CPA
Re: Unified Series Trust (the “Registrant”) SEC File No. 811-21237
Sarbanes Oxley Review
Dear Ms. Rotter:
On August 31, 2022, you indicated that the Securities and Exchange Commission Staff had completed its triennial review of the financial statements of the Registrant’s series listed in Exhibit A hereto, as required under the Sarbanes Oxley Act of 2002. You confirmed that the Staff had no comments with respect to these series. However, you indicated that in the course of your review and related research, the Staff found an item related to other series of the Registrant that requires a response. Below is the Staff’s comment and Registrant’s response.
Comment: With respect to Registrant’s Form N-CEN filed on November 12, 2021 for certain funds with a fiscal year ended August 31, 2021, the Staff noted that the response to B.19 regarding receipt of an audit opinion other than an unqualified opinion was reported as “yes”. Please disclose in correspondence the funds that received an unqualified opinion and the circumstances.
Response: Registrant confirms that that the response to B.19 in the N-CEN filed on November 12, 2021 was reported as “yes” in error. No funds included in the filing received an unqualified opinion. Registrant filed an N-CEN/A on August 31, 2022 changing the response to B.19 to “no”. The accession number for the filing is 0001752724-22-201683.
Thank you for your review. If you have any additional questions, or need additional information, please contact me at 513-346-3324.
Sincerely,
/s/ Elisabeth Dahl
Elisabeth Dahl
Secretary, Unified Series Trust
Copy to: Mr. Martin Dean, President, Unified Series Trust
Mr. Zachary Richmond, Treasurer and Chief Financial Officer, Unified Series Trust
Ms. Cassandra Borchers, Esq., Thompson Hine LLP
EXHIBIT A
1 | S000014625 | 9/30/2021 | 811-21237 | Appleseed Fund | UNIFIED SERIES TRUST |
2 | S000070046 | 9/30/2021 | 811-21237 | Ballast Small/Mid Cap ETF | UNIFIED SERIES TRUST |
3 | S000002756 | 9/30/2021 | 811-21237 | Channel Short Duration Income Fund | UNIFIED SERIES TRUST |
4 | S000000534 | 12/31/2021 | 811-21237 | Crawford Large Cap Dividend Fund | UNIFIED SERIES TRUST |
5 | S000038330 | 12/31/2021 | 811-21237 | Crawford Small Cap Dividend Fund | UNIFIED SERIES TRUST |
6 | S000058927 | 12/31/2021 | 811-21237 | Crawford Multi-Asset Income Fund | UNIFIED SERIES TRUST |
7 | S000074108 | 12/31/2021 | 811-21237 | LHA Tactical Beta Variable Series Fund | UNIFIED SERIES TRUST |