Security Holdings

* Based On Net Assets *

Clermont Fund 4/30/2013

Security Description	Percentage
Security Holdings Through 4/30/2013
Vanguard - Dividend Appr Index Fund	10.34 %
IShares - Floating Rate Note	7.38 %
iShares - S&P Global 100	5.37 %
iShares - S&P US Preferred Stock Index	5.33 %
PowerShares - International Dividend Ach	5.17 %
PIMCO - Enhanced Short Mat Strat ETF	4.88 %
iShares - Barclays 1-3 Yr Credit Bond Fd	3.89 %
SPDR - S&P 500 ETF Trust	3.40 %
iShares - IBoxx $ High Yield Corp Bond	2.94 %
Powershares - Senior Loan Portfolio ETF	2.92 %

The security holdings are presented to illustrate examples of the securities that the fund has bought and the diversity of areas in which the funds may invest, and may not be representative of the fund's current or future investments. Portfolio holdings are subject to change and should not be considered to be investment advice.