Top 10 Holdings
as of (06/30/2014)

Name Value
Markel Corp. 4.81%
Leucadia National Corp. 4.28%
Omnicom Group, Inc. 4.06%
Willis Group Holdings Plc 3.99%
E*Trade Financial Corp. 3.68%
Global Payments, Inc. 3.64%
Wellpoint, Inc. 3.56%
Aspen Insurance Holdings, Ltd. 3.28%
Kohl's Corp. 3.07%
Endurance Specialty Holdings, Ltd. 3.01%

Sector Breakdown
as of (06/30/2014)

Sector Fund
FINANCIALS 33.81%
INFORMATION TECHNOLOGY 25.85%
CONSUMER DISCRETIONARY 18.58%
HEALTH CARE 12.55%
INDUSTRIALS 4.75%
MATERIALS 0.97%
Cash & Equivalents 3.49%

Current and future portfolio holdings are subject to change and risk.