* Based On Net Assets *

Navigator Equity Hedged Fund 2/28/2023

Security Holdings Through 2/28/2023
Security DescriptionPercentage
iShares MSCI Eurozone ETF14.15 %
SPDR S&P 400 Mid Cap Value ETF14.01 %
iShares Core MSCI EAFE ETF10.15 %
Vanguard Industrials ETF8.83 %
iShares Semiconductor ETF6.8 %
SPDR S&P Homebuilders ETF5.6 %
Global X Robotics & Artificial Intelligence ETF4.97 %
iShares U.S. Broker-Dealers & Securities Exchanges4.67 %
SPDR S&P Metals & Mining ETF4.66 %
iShares S&P Small-Cap 600 Value ETF4.51 %

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.