portfolio

The Allegiant Multi-Factor Mid Cap Growth Fund is for investors who wish to pursue higher returns than those earned by larger companies, but cannot tolerate the fluctuation of small company stocks. The fund invests in mid-size U.S. companies that have leadership positions in industries with strong growth potential, and products or services that will enable them to maintain or improve their positions.

Top 10 Holdings (%)*

as of 11/30/2008

*Sector weightings and top ten holdings are subject to change, for illustrative purposes only and are not a permanent reflection of the fund.

Asset Allocation (%)
EQUITY 98.38
CASH EQUIVALENTS & OTHER 1.61
Asset Allocation weightings may not total 100%
Sector Weightings (%)*
Consumer Discretionary 19.30
Industrials 16.57
Information Technology 14.97
Healthcare 14.31
Consumer Staples 7.35
Energy 6.49
Materials 6.28
Financials 6.13
Telecommunication Services 4.13
Utilities 2.30
Cash & Cash Equivalents 2.17
Portfolio Management
Hitesh C. Patel, Ph.D.
Managing Director, Structured Equity
Paul Kleinaitis, CFA
Senior Portfolio Manager, Structured Equity
Robin C. Roquitte, CFA
Senior Portfolio Manager, Structured Equity
Chen Chen, Ph.D.
Senior Analyst, Structured Equity