CMG Global Equity Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 8.24 0.0 8.24
Stocks 43.35 0.0 43.35
Bonds 0.0 0.0 0.0
Other 0.06 0.03 0.03
Foreign Bonds 0.0 0.0 0.0
Foreign Stocks 48.38 0.0 48.38
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 04.30.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 04.30.2014

Ticker YTD Return % % Net Assets
Truworths International Ltd TRU --- 2.12
Bec World PLC BEC --- 2.12
PT Semen Indonesia (Persero) Tbk SMGR --- 2.06
TGS-NOPEC Geophysical Co ASA TGSNF 24.96 2.06
Apple Inc AAPL 17.82 2.04
Fielmann AG FLMNF 0.0 2.03
China Mobile Ltd CHLKF -7.06 2.0
Gerry Weber International AG GRYIF 19.62 1.93
Johnson & Johnson JNJ 17.08 1.93
Industria De Diseno Textil SA IDEXF -4.73 1.93