Nuance Concentrated Value Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 6.68 6.68
Stocks 82.38 82.38
Bonds 0.0 0.0
Other 0.0 0.0
Foreign Bonds 0.0 0.0
Foreign Stocks 10.93 10.93
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 01.31.2013

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 01.31.2013

Ticker YTD Return % % Net Assets
Stryker Corporation SYK 19.6 7.92
TE Connectivity Ltd TEL 15.09 5.8
MKS Instruments, Inc. MKSI 0.47 5.37
Xylem Inc XYL 1.91 5.25
Imperial Oil Ltd IMO -8.43 5.13
ITT Corp ITT 16.54 4.63
Texas Instruments, Inc. TXN 19.46 4.57
MetLife Inc MET 17.14 4.32
Exxon Mobil Corporation XOM 1.77 4.17
National Fuel Gas Company NFG 23.29 3.97

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