REMS Real Estate Income 50/50 Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 0.0 0.0
Stocks 48.07 48.07
Bonds 0.0 0.0
Other 0.0 0.0
Foreign Bonds 0.0 0.0
Foreign Stocks 0.0 0.0
Convertible 0.0 0.0
Preferred 51.93 51.93

Updated 03.31.2013

Top 10 Holdings

Performance as of 05.31.2013

Portfolio as of 03.31.2013

Ticker YTD Return % % Net Assets
Campus Crest Communities, Inc. CCG 5.26 3.31
Hersha Hospitality Trust HT 16.8 3.18
Sun Communities SUI 27.3 3.05
Agree Realty Corporation ADC 26.76 2.8
Duke Realty Corp DRE 22.21 2.78
Brandywine Realty Trust BDN 20.34 2.67
Ramco-Gershenson Properties Trust RPT 20.12 2.54
BioMed Realty Trust Inc BMR 11.15 2.52
Healthcare Realty Trust Inc. HR 14.74 2.46
W. P. Carey Inc WPC 30.74 2.44
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