* Based On Net Assets *

Navigator Equity Hedged Fund 10/31/2022

Security Holdings Through 10/31/2022
Security DescriptionPercentage
Vanguard Energy ETF13.33 %
iShares U.S. Broker-Dealers & Securities Exchanges9.5 %
Xtrackers MSCI EAFE Hedged Equity ETF9.17 %
SPDR S&P 400 Mid Cap Value ETF9.12 %
Invesco BuyBack Achievers ETF9.03 %
SPDR Portfolio S&P 500 Value ETF8.87 %
iShares MSCI USA Momentum Factor ETF8.56 %
Dreyfus Treasury Obligations Cash Management Fund5.03 %
iShares Biotechnology ETF4.7 %
SPDR S&P Bank ETF4.5 %

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.