Salient Global Equity Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 2.44 2.44
Stocks 45.1 45.1
Bonds 0.0 0.0
Other 1.54 1.54
Foreign Bonds 0.0 0.0
Foreign Stocks 50.91 50.91
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 09.30.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 09.30.2013

Ticker YTD Return % % Net Assets
Reckitt Benckiser Group PLC RBGPF 4.33 3.4
Abbott Laboratories ABT 3.18 3.34
China Mobile Ltd. ADR CHL -8.64 3.17
PepsiCo Inc PEP -4.12 3.1
Ross Stores, Inc. ROST -3.52 3.03
Royal Dutch Shell PLC ADR Class A RDS.A 1.99 3.02
Vivendi SA VIVEF 6.28 2.88
CVS Caremark Corp CVS 1.81 2.51
Google, Inc. Class A GOOG 7.32 2.41
Novartis AG ADR NVS 4.51 2.37