AmericaFirst Defensive Growth Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 3.77 0.0 3.77
Stocks 97.5 18.13 79.37
Bonds 0.0 0.0 0.0
Other 0.0 0.0 0.0
Foreign Bonds 0.0 0.0 0.0
Foreign Stocks 20.56 3.69 16.87
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 03.31.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 03.31.2014

Ticker YTD Return % % Net Assets
Keurig Green Mountain Inc GMCR 67.12 2.98
Keurig Green Mountain Inc GMCR 67.12 2.98
Teva Pharmaceutical Industries Ltd ADR TEVA 35.11 2.92
Exelon Corp EXC 32.6 2.72
Questcor Pharmaceuticals Inc QCOR 69.38 2.64
Merck & Co Inc MRK 18.66 2.51
Wisconsin Energy Corp WEC 14.32 2.5
Dr Pepper Snapple Group Inc DPS 22.76 2.48
Vectren Corp VVC 20.93 2.46
SCANA Corp SCG 15.87 2.43