Transparent Value Directional Allocation Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 0.0 0.0
Stocks 97.82 97.82
Bonds 0.0 0.0
Other 0.01 0.01
Foreign Bonds 0.0 0.0
Foreign Stocks 2.17 2.17
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 12.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 12.31.2013

Ticker YTD Return % % Net Assets
Scripps Networks Interactive Inc SNI -6.15 2.83
Qualcomm, Inc. QCOM -0.36 2.72
Michael Kors Holdings Ltd KORS 20.68 2.71
IAC/InterActiveCorp IACI 13.36 2.59
Foot Locker Inc FL 1.33 2.46
SPDR S&P 500 --- --- 2.28
VeriSign, Inc. VRSN -7.68 2.27
Alliance Data Systems Corporation ADS 5.81 2.23
Dollar Tree Stores, Inc. DLTR -3.01 2.2
Kroger Co KR 6.64 2.18