* Based On Net Assets *

Pinnacle Sherman Tactical Allocation Fund 1/31/2019

Security Holdings Through 1/31/2019
Security DescriptionPercentage
iShares MBS ETF15.8 %
iShares 20+ Year Treasury Bond ETF15.74 %
iShares National Muni Bond ETF15.74 %
UNION BANK INSTITUTIONAL TRUST DEPOSIT ACC - IV10.66 %
SPDR S&P 500 ETF Trust7.77 %
First Trust Enhanced Short Maturity ETF5.76 %
First Trust S&P REIT Index Fund5.36 %
Invesco QQQ Trust Series 15.23 %
iShares S&P 500 Value ETF5.21 %
iShares S&P 500 Growth ETF5.15 %

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.