REMS Real Estate Income 50/50 Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 0.0 0.0
Stocks 57.21 57.21
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 42.79 42.79

Updated 12.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 12.31.2013

Ticker YTD Return % % Net Assets
Brandywine Realty Trust BDN 6.17 4.02
Plum Creek Timber Co Inc PCL -6.58 3.84
Ramco-Gershenson Properties Trust RPT 5.21 3.7
Hersha Hospitality Trust HT 1.97 3.69
Duke Realty Corp DRE 12.7 3.68
Home Properties, Inc. HME 11.99 3.6
Agree Realty Corporation ADC 6.96 3.55
Sun Communities SUI 6.87 3.44
Winthrop Realty Trust, Inc. FUR 7.69 3.43
BioMed Realty Trust Inc BMR 12.8 3.4