Presidential® Managed Risk 2050 Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 20.83 12.66 8.17
Stocks 47.41 0.0 47.41
Bonds 3.96 0.0 3.96
Other 0.91 0.0 0.91
Foreign Bonds 1.26 0.0 1.26
Foreign Stocks 38.04 0.0 38.04
Convertible 0.0 0.0 0.0
Preferred 0.25 0.0 0.25

Updated 12.31.2013

Top 10 Holdings

Performance as of 03.31.2014

Portfolio as of 12.31.2013

% Net Assets
SPDR S&P 500 39.14
Vanguard FTSE Developed Markets ETF 29.01
Vanguard Total Bond Market ETF 4.54
iShares Russell 2000 3.74
iShares Core S&P Mid-Cap 3.72
Vanguard Total World Stock Index ETF 3.72
iShares Core MSCI Emerging Market 3.62
iShares International Dev Rel Est 2.58
iShares S&P GSCI Commodity-Indexed Trust 1.82
SPDR Barclays International Treasury Bd 0.9

Bond Ratings (%)

Updated 12.31.2013

Sector PZEAX
AAA 63.92
AA 10.56
A 11.68
BBB 13.85
BB 0.0
B 0.0
Below B 0.0
Other 0.0