* Based On Net Assets *

Pinnacle Sherman Multi-Strategy Core Fund 7/31/2019

Security Holdings Through 7/31/2019
Security DescriptionPercentage
First Trust S&P REIT Index Fund20.51 %
Invesco QQQ Trust Series 116.62 %
iShares S&P 500 Growth ETF16.44 %
iShares Core S&P 500 ETF16.41 %
SPDR Dow Jones Industrial Average ETF Trust16.41 %
iShares US Technology ETF4.14 %
iShares U.S. Consumer Services ETF4 %
iShares US Utilities ETF3.95 %
UNION BANK INSTITUTIONAL TRUST DEPOSIT ACC - IV1.62 %

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.