Top 10 Holdings
as of (09/30/2014)

Name Value
Markel Corp. 4.82%
Omnicom Group, Inc. 4.06%
E*TRADE Financial Corp. 4.05%
Leucadia National Corp. 4.03%
Willis Group Holdings, PLC 3.95%
WellPoint, Inc. 3.77%
Global Payments, Inc. 3.62%
Endurance Specialty Holdings, Ltd. 3.34%
Kohl's Corp. 3.26%
Aspen Insurance Holdings, Ltd. 3.21%

Sector Breakdown
as of (09/30/2014)

Sector Fund
FINANCIALS 34.02%
INFORMATION TECHNOLOGY 22.84%
CONSUMER DISCRETIONARY 18.45%
HEALTH CARE 12.79%
INDUSTRIALS 5.96%
MATERIALS 3.22%
Cash & Equivalents 2.72%

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