TOPS® Aggressive Growth ETF Portfolio

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 2.15 0.0 2.15
Stocks 62.37 0.0 62.37
Bonds 0.0 0.0 0.0
Other 0.6 0.01 0.6
Foreign Bonds 0.0 0.0 0.0
Foreign Stocks 34.33 0.0 34.33
Convertible 0.0 0.0 0.0
Preferred 0.56 0.0 0.56

Updated 09.30.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 09.30.2013

% Net Assets
Vanguard FTSE All-World ex-US ETF 18.26
iShares Core S&P Small-Cap 17.08
iShares Core S&P Mid-Cap 15.86
iShares S&P 500 Growth 14.79
iShares S&P 500 Value 11.64
Vanguard FTSE Emerging Markets ETF 6.47
Vanguard FTSE All-Wld ex-US SmCp Idx ETF 3.05
SPDR Dow Jones Intl Real Estate 2.07
Guggenheim Timber ETF 2.05
FlexShares Mstar Gbl Upstrm Nat Res ETF 1.97