Witherspoon Managed Futures Strategy Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 33.98 0.05 33.93
Stocks 0.0 0.0 0.0
Bonds 33.32 0.0 33.32
Other 22.16 0.0 22.16
Foreign Bonds 10.54 0.0 10.54
Foreign Stocks 0.0 0.0 0.0
Convertible 0.0 0.0 0.0
Preferred 0.05 0.0 0.05

Updated 02.28.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 02.28.2014

% Net Assets
Witherspoon Fund Ltd 21.87
Vanguard Short-Term Corp Bd Idx ETF 8.85
iShares 1-3 Year Credit Bond 7.77
SPDR Barclays Capital Short Term Corp Bd 7.53
Vanguard Short-Term Bond ETF 7.48
Vanguard Short-Term Govt Bd Idx ETF 5.88
Vanguard Interm-Tm Corp Bd Idx ETF 4.11
SPDR Blackstone/GSO Senior Loan ETF 2.07
PIMCO Enhanced Short Maturity ETF 1.4
iShares Floating Rate Bond 1.22

Bond Ratings (%)

Updated 02.28.2014

Sector CTAAX
AAA 30.83
AA 10.2
A 32.96
BBB 24.77
BB 0.06
B 0.0
Below B 0.0
Other 1.17