Mechanics of the Mutual Fund
Relative Strength Portfolio
| 1Q | 2Q | 3Q |
| Dow30 | Mid Cap Value | Mid Cap Value |
| Nasdaq100 | Basic Materials | Mid Cap Blend |
| Large Cap Blend | Dow30 | Mid Cap Growth |
| Large Cap Growth | Small Cap Value | Small Cap Value |
| Large Cap Value | Mid Cap Blend | Small Cap Blend |
| Real Estate | Real Estate | Basic Materials |
| Emerging Markets | Real Estate |
| Large Cap Blend | |
Multi Sector Bond
| 1Q | 2Q | 3Q |
| High Yield Muni | Investment Grade Corporate | Investment Grade Corporate |
| Preferred | 20+ year Treasuries | 7-10 year Treasuries |
| International Treasury | Emerging Market Sovereign Debt | High Yield Corporate |
Sector Rotation
| 1Q | 2Q | 3Q |
| High Yield Muni | Utilities | Technology |
| Preferred | Industrials | Basic Materials |
| International Treasury | Basic Material | Industrials |
| Consumer non-cyclical | Financials |
