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November 15, 2023 |
Chicago New York Washington, DC London San Francisco Los Angeles Singapore Dallas Miami vedderprice.com Deborah Bielicke Eades Shareholder +1 312 609 7661 deades@vedderprice.com |
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VIA EDGAR
Attn: Mr. Christopher R. Bellacicco |
| Re: |
SP Funds S&P Sharia Global Technology ETF SP Funds S&P World ETF |
Dear Mr. Bellacicco:
On behalf of the registrant, SP Funds Trust (the “Registrant”), we are responding to the Staff’s comments in regards to the Registrant’s Pre-Effective Amendment No. 1 to the registration statement on Form N-1A (the “Registration Statement”). For convenience, the comments are restated below, with the response immediately following. In addition, this filing reflects the completion of all missing information in the Registration Statement and the fling of all remaining exhibits.
PROSPECTUS
Fees and Expenses of the Funds – Prospectus Summary for each Fund
| 1. | Please add an additional line item with respect to Acquired Fund Fees and Expenses (“AFFE”) or confirm such amounts are expected to be less than .01%. |
RESPONSE: Registrant confirms that AFFE for each Fund is expected to be less than .01%.
Principal Investment Strategies – Prospectus Summary for each Fund
| 2. | Please confirm whether investments in other investment companies is a principal investment strategy of the Funds. |
RESPONSE: Registrant confirms that investment in other investment companies is not a principal investment strategy of the Funds.
If you have any questions regarding these responses, please contact the undersigned at (312) 609-7661.
Very truly yours, |
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| /s/ | Deborah Bielicke Eades | |
| Deborah Bielicke Eades | ||
| Shareholder | ||
| 222 North LaSalle Street | Chicago, Illinois 60601 | T +1 312 609 7500 | F +1 312 609 5005 | ||
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