Fairholme Allocation Fund

Class Other (FAAFX)

Fund Holdings

Asset Allocation

% Long % Net
Cash 15.26 15.26
Stocks 71.93 71.93
Bonds 0.0 0.0
Other 4.69 4.69
Foreign Bonds 0.0 0.0
Foreign Stocks 8.13 8.13
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 02.28.2013

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 02.28.2013

Ticker YTD Return % % Net Assets
MBIA Inc MBI 20.64 22.05
Bk Amer ([Wts/Rts]) --- --- 10.58
American International Group Inc AIG 16.69 10.57
Sears Holdings Corporation SHLD 20.99 7.64
Imperial Metals Corp III -3.31 7.46
Leucadia National Corporation LUK 32.48 6.21
Wells Fargo & Co New ([Wts/Rts]) --- --- 5.36
Jpmorgan Chase ([Wts/Rts]) --- --- 3.74
Hartford Finl Svcs Grp ([Wts/Rts]) --- --- 2.79
Amer Intl Grp ([Wts/Rts]) --- --- 2.53
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